Today
+0.01%
5 Days
+2.12%
1 Month
+0.05%
6 Months
+4.26%
Year to Date
+3.89%
1 Year
+1.73%
Opening Price
1.426Previous Closing Price
1.426
As long as 1.4216 is support, look for 1.4287
below 1.4216, expect 1.4190 and 1.4175.
As long as 1.4216 is support, look for 1.4287
USD/CAD is little changed on Thursday, holding near a one-month high. A broadly stronger US Dollar (USD) and diverging interest rate expectations for the Federal Reserve (Fed) and the Bank of Canada (BoC) keep the Canadian Dollar (CAD) on the back foot.
The Canadian Dollar (CAD) posts marginal gains on Thursday as the US Dollar (USD) retreats from recent highs against most peers in a quiet market session.
The USD/CAD pair gains momentum to around 1.4260 during the early European trading hours on Thursday. Falling crude oil prices exert some selling pressure on the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD).
USD/CAD holds steady around 1.4250 during Thursday's Asian trading session after posting two consecutive days of gains. Despite the pause, the pair could resume its upward climb as the US Dollar (USD) may draw strength from an increasingly hawkish Federal Reserve (Fed) policy outlook.
The Canadian Dollar (CAD) has resumed its downtrend, with the US Dollar (USD) rallying across the board on Wednesday as investors ramp up hopes of Federal Reserve (Fed) tightening in December.
The Canadian Dollar (CAD) continues to under perform the US Dollar (USD) due to multiple headwinds. Lower oil prices due to United States (US)-Iran deal hopes and fresh fears of aggressive Federal Reserve (Fed) monetary tightening have strengthened the USD/CAD pair.
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.
