Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.001
Neutral
RSI(14)
40.845
Neutral
STOCH(KDJ)(9,3,3)
32.494
Sell
ATR(14)
0.007
Low Volatility
CCI(14)
-45.333
Neutral
Williams %R
62.753
Sell
TRIX(12,20)
-0.051
Sell
StochRSI(14)
30.527
Neutral
Search
USD/CAD
Add to Watchlist
1.381
-0.002-0.17%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.17%
5 Days
-0.66%
1 Month
-1.46%
6 Months
+1.82%
Year to Date
+0.61%
1 Year
-0.08%
Key Data Points
Opening Price
1.383Previous Closing Price
1.383Recent
Analysis
Canadian Dollar finds support from Oil surge despite Fed rate hike bets
USD/CAD trades around 1.3810 on Monday at the time of writing, down 0.15% on the day. The pair comes under some pressure as the sharp rise in Oil prices supports the Canadian Dollar (CAD), although underlying strength in the US Dollar (USD) limits the downside.
Fxstreet2 hours ago
Canadian Dollar consolidates below mid-1.3800s as oil strength offsets USD Fed support
The USD/CAD pair extends its sideways consolidative price move through the early European session on Monday and currently trades just below mid-1.3800s.
Fxstreet7 hours ago
Canadian Dollar steadies as robust US jobs data counter rising oil prices
The USD/CAD pair trades on a flat note near 1.3835 during the early European session on Monday. The pair steadies as stronger-than-expected US jobs data offsets rising crude oil prices. US markets will be closed on Monday for Labour Day.
Fxstreet10 hours ago
Canadian Dollar moves little despite weaker US Dollar, higher oil prices
USD/CAD remains steady after registering modest gains in the previous day, trading around 1.3830 during Asian hours on Monday.
Fxstreet13 hours ago
Canada: Gradual improvement outlook on labour market – RBC
Royal Bank of Canada (RBC) economist Claire Fan notes Canada’s labour market lost 42,000 jobs in August, partly reversing earlier gains and leaving modest year-to-date job growth. She emphasizes structural factors like demographics and weaker immigration as key drags.
FxstreetFri, Sep 4
Canadian Dollar: Jobs weakness caps gains against US Dollar - TD Securities
TD Securities strategists note that Canada’s softer August labour report, including weaker employment momentum and slower wage growth, is unlikely to materially change the Bank of Canada’s (BoC) assessment of the labour market.
FxstreetFri, Sep 4
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.
Sell
Moving Average
Indicators
Value
Direction
MA5
1.383
Sell
MA10
1.385
Sell
MA20
1.385
Sell
MA50
1.400
Sell
MA100
1.392
Sell
MA200
1.383
Sell
USD/CAD Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The upside prevails as long as 1.3815 is support, with 1.3877 and 1.3892 as targets
Alternative scenario
below 1.3815, expect 1.3790 and 1.3775.
Comment
The upside prevails as long as 1.3815 is support, with 1.3877 and 1.3892 as targets
4 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.
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