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USD/CAD

USDCAD
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1.388

-0.005-0.37%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.38%

5 Days

-0.97%

1 Month

-1.96%

6 Months

+1.92%

Year to Date

+1.10%

1 Year

+0.85%

Key Data Points

Opening Price

1.393

Previous Closing Price

1.393
Price Range of the Day
1.3861.393
52-Week Price Range
1.3481.425

Recent

Analysis

USD/CAD Price Forecast: Bears target the 200-day SMA

USD/CAD extends its decline farther below 1.4000 on Friday and heads for a third consecutive weekly loss. At the time of writing, the pair trades around 1.3877, at levels last seen in early July.

Fxstreet2 hours ago

Canadian Dollar: Bullish momentum points to gains against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret highlight Canadian Dollar (CAD) strength as USD/CAD trades just below their fair value estimate around 1.3895, supported by tighter US–Canada 2-year spreads and firmer commodity FX.

Fxstreet5 hours ago

Canadian Dollar surges as sharp US Retail Sales miss hits the Dollar

The Canadian Dollar (CAD) is among the best performers on Friday, trading near a fresh two-month low against the US Dollar (USD) near the 1.3860s mark. The move coincides with a weak US Retail Sales report that pulled the Greenback lower across the board, but it preceded that data release.

Fxstreet6 hours ago

Canadian Dollar: Manufacturing sales drag from energy – TD Securities

TD Securities strategists forecast Canadian Manufacturing Sales to fall 0.4% month-on-month in June, weaker than the market’s -0.1% call, mainly due to lower petroleum prices.

Fxstreet9 hours ago

USD/CAD Price Forecast: Posts fresh two-month low below 1.3900

The Canadian Dollar (CAD) outperforms a majority of its currency peers on Friday, with the USD/CAD pair trading 0.32% lower at around 1.3888. The Canadian currency gains on hopes of a United States (US)-Canada interim deal.

Fxstreet9 hours ago

Canadian Dollar hits fresh high since June on rising oil prices, Fed-inspired USD weakness

The USD/CAD pair extends the previous day's decline from the top end of the weekly range and attracts follow-through selling for the second straight day.

Fxstreet13 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
Sell
Sell(9)
Neutral(1)
Buy(1)
Indicators
Sell(4)
Neutral(1)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.003
Sell
RSI(14)
30.312
Neutral
STOCH(KDJ)(9,3,3)
8.998
Oversold
ATR(14)
0.006
High Vlolatility
CCI(14)
-126.993
Sell
Williams %R
94.862
Oversold
TRIX(12,20)
-0.050
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
1.392
Sell
MA10
1.397
Sell
MA20
1.402
Sell
MA50
1.407
Sell
MA100
1.392
Sell
MA200
1.385
Buy

USD/CAD Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 1.3899 is resistance, with 1.3843 and 1.3830 as targets

Trading Strategy

The downside prevails as long as 1.3899 is resistance, with 1.3843 and 1.3830 as targets

Alternative scenario

above 1.3899, look for 1.3920 and 1.3932.

Comment

The downside prevails as long as 1.3899 is resistance, with 1.3843 and 1.3830 as targets

46 minutes 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

1.388
-0.005-0.37%
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