1.425
Today
-0.04%
5 Days
+0.77%
1 Month
+3.05%
6 Months
+2.27%
Year to Date
+3.86%
1 Year
+2.22%
Opening Price
1.424Previous Closing Price
1.426
Under pressure below 1.4280, with 1.4223 and 1.4208 as targets
above 1.4280, look for 1.4304 and 1.4318.
Under pressure below 1.4280, with 1.4223 and 1.4208 as targets
USD/CAD reverses its earlier gains on Monday as the Canadian Dollar (CAD) outperforms its major peers, while the US Dollar (USD) consolidates after mixed US business activity data.
The Canadian Dollar (CAD) pares previous daily losses on Monday, as the US Dollar (USD) pulls back from multi-month highs against most peers, with market concerns about higher global debt yields keeping investors away from risk.
The USD/CAD pair gathers strength to around 1.4280 during the early European trading hours on Monday. Oil prices fall as rising crude exports from the Middle East and G7 nations' release of oil add to supplies, weighing on the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD).
The USD/CAD pair holds steady above mid-1.4200s during the Asian session on Monday, trading near its highest level since April 2025, set last week.
USD/CAD loses ground for the second successive day, trading around 1.4210 during Asian hours on Friday. The technical analysis of the daily chart indicates that the price is positioned slightly below the top trendline of an ascending channel, suggesting a persistent bullish bias.
USD/CAD rebounds after registering losses in the previous day, trading around 1.4230 during the Asian hours on Friday. The currency pair continues to gain ground as the US Dollar (USD) receives strong support.
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.