1.383USD
Today
+0.12%
5 Days
+0.62%
1 Month
+1.22%
6 Months
-1.53%
Year to Date
+0.76%
1 Year
+0.68%
Opening Price
1.381Previous Closing Price
1.381The 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 1.3820 with targets at 1.3795 & 1.3780 in extension.
above 1.3820 look for further upside with 1.3835 & 1.3850 as targets.
short positions below 1.3820 with targets at 1.3795 & 1.3780 in extension.
The US Dollar (USD) is trading practically flat against the Canadian Dollar (CAD) on Wednesday, consolidating gains above 1.3800 at the time of writing, after having rallied about 1.7% over the previous three weeks.
The Canadian Dollar (CAD) trades broadly flat against its major currency peers, except the New Zealand Dollar (NZD), wobbling around 1.3810 against the US Dollar (USD) during the Asian trading session on Wednesday.
USD/CAD reverses earlier intraday gains on Tuesday, with the Canadian Dollar (CAD) drawing support from rising Oil prices and offsetting broader US Dollar (USD) strength. At the time of writing, the pair is trading around 1.3800 after hitting an intraday high near 1.3821 earlier in the day.
Scotiabank analysts Shaun Osborne and Eric Theoret note that the Canadian Dollar (CAD) is steady against the US Dollar (USD) near 1.3800, with fair value for USD/CAD estimated at 1.3672. They highlight that technicals are showing a stalled rally near the 200-day moving average.
The USD/CAD pair extends its sideways consolidative price move for the second straight day on Tuesday and holds steady near the 1.3800 mark through the first half of the European session.
USD/CAD inches higher after registering minor losses in the previous day, trading around 1.3810 during the Asian hours on Tuesday. The commodity-linked Canadian Dollar (CAD) is struggling against the US Dollar (USD), as rising risk aversion offsets any gains from higher crude oil prices.
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