1.419
Today
-0.09%
5 Days
-0.05%
1 Month
+1.81%
6 Months
+2.34%
Year to Date
+3.37%
1 Year
+3.68%
Opening Price
1.420Previous Closing Price
1.420The 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.
Short positions below 1.4220 with targets at 1.4180 & 1.4160 in extension.
above 1.4220 look for further upside with 1.4235 & 1.4250 as targets.
short positions below 1.4220 with targets at 1.4180 & 1.4160 in extension.
USD/CAD inches higher after registering minor losses in the previous day, trading around 1.4200 during the Asian hours on Wednesday.
Canada delivered the kind of trade headline that should have put a firm bid under the Loonie, and the currency barely noticed.
USD/CAD edges lower on Tuesday even as the US Dollar (USD) holds firm, with the Canadian Dollar (CAD) drawing support from a modest rebound in crude Oil prices following renewed attacks on commercial vessels near the Strait of Hormuz. At the time of writing, the pair is trading around 1.4188.
USD/CAD trades around 1.4205 on Tuesday at the time of writing, virtually unchanged on the day, as investors balance encouraging Canadian economic data against a US Dollar (USD) that remains supported by monetary policy expectations and ongoing geopolitical tensions.
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is effectively flat versus the US Dollar (USD) and trading close to their fair value estimate around 1.4158. They expect the recent deterioration in spreads to stabilize, easing downside pressure on the CAD.
Canada Exports up to $77.1B in May from previous $75.16B
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