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USD/CAD

USDCAD
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1.394

+0.001+0.09%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.09%

5 Days

-0.54%

1 Month

-1.56%

6 Months

+2.86%

Year to Date

+1.61%

1 Year

+1.40%

Key Data Points

Opening Price

1.394

Previous Closing Price

1.393
Price Range of the Day
1.3941.396
52-Week Price Range
1.3481.425

Recent

Analysis

Canadian Dollar weakens as US Dollar strengthens on rising risk aversion

USD/CAD gains ground after registering over 0.5% losses in the previous day, trading around 1.3950 during the early European hours on Monday. The pair gains ground as the US Dollar (USD) strengthens on rising safe-haven demand, driven by heightened geopolitical caution.

Fxstreet36 minutes ago

Canadian Dollar pulls back from two-month top as rebounding USD counters higher oil prices

The USD/CAD pair attracts some dip-buyers at the start of a new week and recovers a part of Friday's heavy losses to the 1.3925 area, or a nearly two-month low.

Fxstreet5 hours ago

Canada: Gradual improvement with tariff risks – RBC

Royal Bank of Canada’s (RBC) Nathan Janzen reports that Canada’s labour market strengthened in July, with a 75k employment gain following robust increases in May and June and a decline in the unemployment rate to 6.4%.

FxstreetFri, Aug 7

Canada: Labour market resilience supports cautious Bank of Canada – NBC

National Bank of Canada (NBC) economists Matthieu Arseneau and Alexandra Ducharme highlight robust Canadian labour data for July, with 75.1K jobs added, a lower unemployment rate and stronger private-sector hiring.

FxstreetFri, Aug 7

Canadian Dollar jumps after North American jobs double surprise

USD/CAD declines sharply on Friday, trading around 1.3940 at the time of writing, down 0.53% on the day, hitting its lowest level since June.

FxstreetFri, Aug 7

Canadian Dollar: Labour strength and BoC stance – TD Securities

TD Securities economists Robert Both and Emma Lawrence highlight a strong Canadian labour market, with July employment up 75k and unemployment at 6.4%.

FxstreetFri, Aug 7

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(7)
Neutral(1)
Buy(2)
Indicators
Sell(3)
Neutral(1)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.003
Sell
RSI(14)
36.163
Neutral
STOCH(KDJ)(9,3,3)
11.940
Oversold
ATR(14)
0.006
High Vlolatility
CCI(14)
-159.355
Sell
Williams %R
89.381
Oversold
TRIX(12,20)
-0.032
Sell
StochRSI(14)
17.298
Oversold
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
1.399
Sell
MA10
1.402
Sell
MA20
1.404
Sell
MA50
1.407
Sell
MA100
1.391
Buy
MA200
1.385
Buy

USD/CAD Trading Strategy

Intraday
Medium Term
Short Term
Rebound expected

Trading Strategy

Rebound expected

Alternative scenario

below 1.3943, expect 1.3927 and 1.3917.

Comment

Rebound expected

6 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

1.394
+0.001+0.09%
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