1.366USD
Today
+0.00%
5 Days
-0.76%
1 Month
-0.45%
6 Months
-2.58%
Year to Date
-0.47%
1 Year
-1.31%
Opening Price
1.366Previous Closing Price
1.366The 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.
Long positions above 1.3635 with targets at 1.3675 & 1.3690 in extension.
below 1.3635 look for further downside with 1.3620 & 1.3605 as targets.
long positions above 1.3635 with targets at 1.3675 & 1.3690 in extension.
The USD/CAD pair trades on a weaker note near 1.3655 during the Asian trading hours on Wednesday. Tensions in the Strait of Hormuz provide some support to the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD).
USD/CAD holds firm on Tuesday as the US Dollar (USD) steadies after recent weakness, although the pair lacks strong upside momentum as elevated Oil prices provide underlying support to the commodity-linked Canadian Dollar (CAD).
Scotiabank strategists Shaun Osborne and Eric Theoret observes the Canadian Dollar (CAD) is modestly softer as USD stabilizes, but stresses the broader USD/CAD bear trend remains intact.
TD Securities analysts note Canadian Consumer Price Index (CPI) accelerated to 2.4% year-on-year in March, driven by higher Oil prices, but core measures remained subdued. They see the print as dovish and consistent with Bank of Canada (BoC) guidance to look through temporary spikes.
The US Dollar (USD) shows marginal gains against the Canadian Dollar (CAD) on Tuesday, trimming losses after a six-day selloff. The USD/CAD pair has reached session highs right above 1.3660 but remains relatively close to the five-week lows of 1.3635 set the previous day.
The USD/CAD pair remains on the defensive around 1.3650 during the early European session on Tuesday. Rising oil prices due to Middle East tension provide some support to the commodity-linked Loonie.
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