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USD/CAD

USDCAD
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1.401
+0.000+0.02%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.02%

5 Days

+0.00%

1 Month

-1.63%

6 Months

+3.17%

Year to Date

+2.10%

1 Year

+0.06%

Key Data Points

Opening Price

1.401

Previous Closing Price

1.401
Price Range of the Day
1.4001.401
52-Week Price Range
1.3481.430

USD/CAD Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 1.3988 is support, with 1.4041 and 1.4055 as targets

Trading Strategy

The upside prevails as long as 1.3988 is support, with 1.4041 and 1.4055 as targets

Alternative scenario

below 1.3988, expect 1.3965 and 1.3952.

Comment

The upside prevails as long as 1.3988 is support, with 1.4041 and 1.4055 as targets

12 minutes ago
Source: Trading Central(Reference Only)
Recent
Analysis
Canada’s Carney: Talks with US to become more intensive

Canadian Prime Minister Mark Carney said on Tuesday that trade discussions with the United States (US) will become more intensive. Carney added that progress made but US trade talks are not yet complete as key issues remain.

Fxstreet8 minutes ago
Canadian Dollar retreats as volatile Oil prices overshadow hawkish BoC remarks

USD/CAD regains ground on Tuesday as the Canadian Dollar (CAD) surrenders earlier gains amid a firmer US Dollar (USD) and swings in Oil prices. Traders also assess hawkish remarks from Bank of Canada (BoC) Governor Tiff Macklem.

Fxstreet6 hours ago
BoC’s Macklem signals more rate hikes as Oil fuels inflation risks

On Tuesday, Bank of Canada (BoC) Governor Tiff Macklem appeared before the House of Commons Standing Committee on Finance and said that “further rate hikes may be needed” because the war in the Middle East is keeping energy prices “higher for longer.”

Fxstreet7 hours ago
USD/CAD Price Forecast: Trades near 1.3950 after pulling back from falling wedge top

USD/CAD loses ground after registering modest gains the previous day, trading around 1.3970 during European hours on Tuesday.

Fxstreet15 hours ago
Canadian Dollar regains lost ground as hostilities in Iran boost Oil prices

The Canadian Dollar (CAD) is taking back some losses against the US Dollar (USD) on Tuesday, favoured by a moderate rebound in Crude prices, as the US resumed hostilities in Iran.

Fxstreet16 hours ago
Canadian Dollar gains ground as rebounding oil prices soften USD/CAD

USD/CAD inches lower after posting modest gains in the previous day, trading around 1.3990 during Asian hours on Tuesday. The currency pair is experiencing downward pressure as the Canadian Dollar (CAD) receives support from a modest recovery in crude oil prices.

Fxstreet22 hours ago

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
Neutral
Sell(6)
Neutral(2)
Buy(5)
Indicators
Sell(3)
Neutral(2)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
-0.004
Sell
RSI(14)
42.866
Neutral
STOCH(KDJ)(9,3,3)
39.054
Buy
ATR(14)
0.006
Low Volatility
CCI(14)
-67.441
Neutral
Williams %R
77.488
Sell
TRIX(12,20)
-0.040
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
1.399
Buy
MA10
1.401
Buy
MA20
1.410
Sell
MA50
1.403
Sell
MA100
1.404
Sell
MA200
1.389
Buy

About 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.

Is USDCAD (USDCAD) a safe investment?

No investment is completely risk-free. The risk level of USDCAD (USDCAD) depends on its underlying assets, strategy, liquidity, fees, and market conditions. Diversification may reduce potential losses but cannot eliminate them, and past performance does not guarantee future results. Before investing, consider whether the fund aligns with your goals and risk tolerance. This is not investment advice.

USD/CAD

1.401
+0.000+0.02%
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