Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.001
Sell
RSI(14)
48.076
Neutral
STOCH(KDJ)(9,3,3)
60.561
Buy
ATR(14)
0.006
Low Volatility
CCI(14)
45.675
Neutral
Williams %R
41.226
Buy
TRIX(12,20)
-0.046
Sell
StochRSI(14)
100.000
Buy
Search
USD/CAD
Add to Watchlist
1.404
+0.003+0.19%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
+0.20%
5 Days
+0.37%
1 Month
-1.54%
6 Months
+3.10%
Year to Date
+2.30%
1 Year
-0.48%
Key Data Points
Opening Price
1.401Previous Closing Price
1.401USD/CAD Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The upside prevails as long as 1.3996 is support, with 1.4046 and 1.4060 as targets
Alternative scenario
below 1.3996, expect 1.3973 and 1.3960.
Comment
The upside prevails as long as 1.3996 is support, with 1.4046 and 1.4060 as targets
13 minutes ago
Source: Trading Central(Reference Only)
Recent
Analysis
Canadian Dollar remains steady as oil prices continue to recover
USD/CAD moves little after registering modest gains in the previous day, hovering around 1.4010 during Asian hours on Friday. The pair may lose ground as the commodity-linked Canadian Dollar (CAD) gains support from higher oil prices.
Fxstreet2 hours ago
BoC’s Macklem keeps rate hike door open, downplays fiscal risks
Bank of Canada (BoC) Governor Tiff Macklem appeared in the House of Commons, saying there may be a need to raise rates further.
Fxstreet12 hours ago
Canadian Dollar sits near September 16 highs vs USD as traders eye jobs data on Friday
The USD/CAD pair remains under some selling pressure for the second straight day and trades around mid-1.3900s during the early European session on Thursday, close to its lowest level since September 16, set the previous day.
Fxstreet19 hours ago
Canadian Dollar gains as US Dollar weakens following Democratic election sweep
USD/CAD loses ground for the second successive day, trading around 1.3950 during Asian hours on Thursday.
FxstreetThu, Nov 5
Canadian Dollar rises to seven-week high as markets digest US election results
The Canadian Dollar (CAD) gains around 0.50% against the US Dollar (USD) on Wednesday, pushing USD/CAD to seven-week lows as the Greenback faces fresh selling pressure following the US midterm election results. At the time of writing, the pair trades around 1.3933.
FxstreetWed, Nov 4
Canadian Dollar eyes mid-September lows vs broadly weaker USD as traders await US data
The USD/CAD pair comes under renewed selling pressure on Wednesday, reversing modest weekly gains registered over the past two days amid a broad-based US Dollar (USD) weakness.
FxstreetWed, Nov 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.
Neutral
Moving Average
Indicators
Value
Direction
MA5
1.400
Buy
MA10
1.400
Buy
MA20
1.406
Sell
MA50
1.404
Sell
MA100
1.404
Sell
MA200
1.389
Buy
About 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.
Is USDCAD (USDCAD) a safe investment?
No investment is completely risk-free. The risk level of USDCAD (USDCAD) depends on its underlying assets, strategy, liquidity, fees, and market conditions. Diversification may reduce potential losses but cannot eliminate them, and past performance does not guarantee future results. Before investing, consider whether the fund aligns with your goals and risk tolerance. This is not investment advice.
