1.368USD
Today
+0.11%
5 Days
+0.74%
1 Month
-1.48%
6 Months
-2.56%
Year to Date
-0.33%
1 Year
-1.15%
Opening Price
1.366Previous Closing Price
1.366The 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.

Long positions above 1.3640 with targets at 1.3680 & 1.3700 in extension.
below 1.3640 look for further downside with 1.3620 & 1.3610 as targets.
long positions above 1.3640 with targets at 1.3680 & 1.3700 in extension.
Canada Participation Rate: 65% (April) vs 64.9%

Canada Net Change in Employment registered at -17.7K, below expectations (15K) in April

USD/CAD edges lower on Friday and trades around 1.3650 at the time of writing, snapping a two-day winning streak. However, the downside remains limited as investors prefer to stay cautious ahead of the release of the US Nonfarm Payrolls (NFP) report and Canadian employment data later in the day.

Brown Brothers Harriman’s Elias Haddad expects the Canadian Dollar (CAD) to be cushioned even if markets scale back aggressive Bank of Canada (BoC) rate hike pricing.

Statistics Canada will release its Labour Force Survey on Friday, and markets are bracing for quite a steady print. The Unemployment Rate is expected to remain at 6.7% in April, while the Employment Change is forecast to increase by 15K following a 14.1K gain in the previous month.

The USD/CAD pair struggles to build on its gains registered over the past two days and trades with a mild negative bias during the Asian session on Friday. Spot prices, however, hold above mid-1.3600s and remain close to a one-week top ahead of crucial employment details from the US and Canada.

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