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USD/CAD

USDCAD
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1.389

+0.004+0.30%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.31%

5 Days

+0.37%

1 Month

-0.89%

6 Months

+1.85%

Year to Date

+1.25%

1 Year

+1.16%

Key Data Points

Opening Price

1.385

Previous Closing Price

1.385
Price Range of the Day
1.3841.391
52-Week Price Range
1.3481.425

Recent

Analysis

Canadian Dollar retreats as US Dollar benefits from Fed rate hike bets

USD/CAD trades on the front foot on Tuesday, supported by a firmer US Dollar (USD), while trade tensions between the United States (US) and Canada and diverging Federal Reserve (Fed) and Bank of Canada (BoC) policy expectations weigh on the Canadian Dollar (CAD).

Fxstreet6 hours ago

Canadian Dollar: Trade tensions and extended BoC hold – TD Securities

TD Securities highlights asymmetric upside risk in USD/CAD as US–Canada trade tensions escalate.

Fxstreet8 hours ago

USD/CAD Price Forecast: Trade tensions to keep Canadian Dollar under pressure

The US Dollar (USD) trades slightly higher to near 1.3863 against the Canadian Dollar (CAD) during the European trading session on Tuesday. The Loonie pair remains broadly as ongoing trade tensions between the United States (US) and Canada have put the Canadian Dollar under pressure.

Fxstreet13 hours ago

Canadian Dollar consolidates vs USD as rising oil prices and Fed hike bets clash

The USD/CAD pair is hovering around mid-1.3800s during the Asian session on Tuesday, though the lack of follow-through selling warrants caution before positioning for an extension of the previous day's retracement slide from an over two-week top.

Fxstreet18 hours ago

Canadian Dollar outperforms US Dollar as geopolitical tensions boost Oil

USD/CAD falls 0.24% on Monday and trades around 1.3870 at the time of writing, after reaching its highest level in more than two weeks earlier. The pair comes under pressure from both a stronger Canadian Dollar (CAD), supported by rising Oil prices, and a modest pullback in the US Dollar (USD).

FxstreetMon, Aug 31

Canadian Dollar: Rangebound near fair value against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret observe that the Canadian Dollar (CAD) is little changed, with USD/CAD trading around their fundamental equilibrium estimate near 1.3920.

FxstreetMon, Aug 31

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
Buy
Sell(3)
Neutral(3)
Buy(6)
Indicators
Sell(1)
Neutral(3)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.002
Neutral
RSI(14)
47.548
Neutral
STOCH(KDJ)(9,3,3)
81.916
Buy
ATR(14)
0.006
High Vlolatility
CCI(14)
51.401
Neutral
Williams %R
27.265
Buy
TRIX(12,20)
-0.062
Sell
StochRSI(14)
100.000
Overbought
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
1.387
Buy
MA10
1.384
Buy
MA20
1.389
Buy
MA50
1.403
Sell
MA100
1.391
Sell
MA200
1.384
Buy

USD/CAD Trading Strategy

Intraday
Medium Term
Short Term
The configuration is positive.

Trading Strategy

The configuration is positive.

Alternative scenario

below 1.3879, expect 1.3854 and 1.3839.

Comment

The upside prevails as long as 1.3879 is support, with 1.3938 and 1.3953 as targets

3 hours ago
Source: Trading Central(Reference Only)

More Details of 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.

USD/CAD

1.389
+0.004+0.30%
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