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USD/CAD

USDCAD
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1.379

+0.003+0.20%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.20%

5 Days

-0.56%

1 Month

-2.07%

6 Months

+0.70%

Year to Date

+0.49%

1 Year

-0.16%

Key Data Points

Opening Price

1.381

Previous Closing Price

1.376
Price Range of the Day
1.3781.381
52-Week Price Range
1.3481.425

Recent

Analysis

Canadian Dollar bears seem hesitant as weak USD counters US-Canada trade war

The USD/CAD pair struggles to capitalize on a bullish gap opening on Monday, though it retains an intraday positive bias amid concerns about a deepening US-Canada trade war.

Fxstreet12 minutes ago

Canada’s Carney: Retaliatory tariffs will start September 8

The United States (US) imposed 50% tariffs on some Canadian products on Saturday after trade talks between the two countries fell apart on Friday. In response, Canadian Prime Minister Mark Carney said that the country would impose its own retaliatory tariffs beginning on September 8, CNBC reported.

Fxstreetan hour ago

Canadian Dollar: Bullish structure points to 1.35 handle against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note that the Canadian Dollar (CAD) continues to show strength against the US Dollar (USD).

FxstreetFri, Aug 21

Canadian Dollar heads for fourth weekly gain on weaker US Dollar, elevated Oil prices

USD/CAD extends its decline on Friday as broad US Dollar (USD) weakness and elevated Oil prices provide a double boost to the Canadian Dollar (CAD). At the time of writing, the pair trades around 1.3745, while the Loonie is on track for a fourth consecutive weekly gain.

FxstreetFri, Aug 21

Canadian Dollar: Binary tariff risks shape near-term path – TD Securities

TD Securities strategists argue that Section 338 tariff negotiations pose a binary risk for the Canadian Dollar (CAD) and USD/CAD.

FxstreetFri, Aug 21

Canadian Dollar stands firm near three-month high vs weak USD ahead of data

The USD/CAD pair remains under some selling pressure for the third consecutive day and trades near a three-month low, just above mid-1.3700s during the first half of the European session on Friday.

FxstreetFri, Aug 21

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(9)
Neutral(2)
Buy(1)
Indicators
Sell(3)
Neutral(2)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.003
Sell
RSI(14)
30.024
Neutral
STOCH(KDJ)(9,3,3)
20.251
Neutral
ATR(14)
0.006
Low Volatility
CCI(14)
-102.224
Sell
Williams %R
82.419
Oversold
TRIX(12,20)
-0.079
Sell
StochRSI(14)
53.077
Buy
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
1.381
Sell
MA10
1.386
Sell
MA20
1.394
Sell
MA50
1.406
Sell
MA100
1.391
Sell
MA200
1.384
Sell

USD/CAD Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 1.3774 is support, with 1.3822 and 1.3836 as targets

Trading Strategy

The upside prevails as long as 1.3774 is support, with 1.3822 and 1.3836 as targets

Alternative scenario

below 1.3774, expect 1.3751 and 1.3737.

Comment

The upside prevails as long as 1.3774 is support, with 1.3822 and 1.3836 as targets

16 minutes ago
Source: Trading Central(Reference Only)

More Details of USD/CAD

USD/CAD represents the exchange rate between the U.S. dollar (USD) and the Canadian dollar (CAD). It is one of the most traded currency pairs in the foreign exchange market, reflecting the economic relationship between the United States and Canada. Factors such as interest rates, economic data releases, and geopolitical events can influence this currency pair. Traders and investors closely monitor USD/CAD for opportunities in forex trading, as it often exhibits liquidity and volatility.

What is the best time to trade USD/CAD?

The best times are typically when both U.S. and Canadian markets are open, often during the overlap of trading hours.

How does oil price affect USD/CAD?

Since Canada is a major oil exporter, rising oil prices generally strengthen the CAD against the USD.

Why is USD/CAD important?

It reflects the economic relationship between the U.S. and Canada, influencing trade, investment, and economic policies.

USD/CAD

1.379
+0.003+0.20%
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