1.393
Today
+0.12%
5 Days
+1.09%
1 Month
+0.45%
6 Months
+1.60%
Year to Date
+1.51%
1 Year
+1.11%
Opening Price
1.391Previous Closing Price
1.391
The upside prevails as long as 1.3893 is support, with 1.3956 and 1.3972 as targets
below 1.3893, expect 1.3866 and 1.3850.
The upside prevails as long as 1.3893 is support, with 1.3956 and 1.3972 as targets
The USD/CAD pair retains its positive bias for the sixth straight day, trading near the 1.3930 area, a two-week high during the Asian session on Wednesday amid a bullish US Dollar (USD).
USD/CAD extends its advance for a fifth consecutive day on Tuesday, hovering near a two-week high as the US Dollar (USD) stays firmly supported ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Canadian Dollar (CAD) is effectively unchanged versus the US Dollar (USD) but outperforming peers, supported by firmer Oil and steady US-Canada front-end spreads.
Royal Bank of Canada (RBC) analysts highlight that Canada’s economy has rebounded, with Gross Domestic Product (GDP) growth improving in Q2 2026 and per-capita gains supported by a lower unemployment rate.
The Canadian Dollar (CAD) hovers near monthly lows against the US Dollar (USD) on Tuesday, as rising expectations that the Federal Reserve (Fed) will tighten its monetary policy on Wednesday underpin speculative demand for the Greenback.
USD/CAD continues its winning streak for the fifth consecutive day, trading around 1.3910 during Asian hours on Tuesday.
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.
