1.389USD
Today
-0.03%
5 Days
+0.40%
1 Month
+2.29%
6 Months
-0.41%
Year to Date
+1.23%
1 Year
+1.27%
Opening Price
1.389Previous Closing Price
1.390The 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.
Short positions below 1.3925 with targets at 1.3885 & 1.3870 in extension.
above 1.3925 look for further upside with 1.3940 & 1.3955 as targets.
short positions below 1.3925 with targets at 1.3885 & 1.3870 in extension.
The Canadian Dollar (CAD) keeps losing ground against the US Dollar (USD) on Thursday, but it has reversed most of the daily losses, as news of a deal between Israel and Lebanon has boosted hopes of progress in the US-Iran peace plan.
The USD/CAD pair trades in positive territory around 1.3905 during the early European trading hours on Thursday. A ceasefire agreement between Israel and Lebanon renewed hopes for diplomatic progress.
The USD/CAD pair climbs to a nearly two-week high during the Asian session on Thursday, with bulls now looking to build on the positive momentum further beyond the 1.3900 mark.
The Canadian Dollar (CAD) trades with a heavy tone against its American counterpart, as the US Dollar (USD) gathers strength from renewed Middle East concerns. The USD/CAD pair nears 1.3900, its highest in two months.
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) remains soft but broadly stable, with USD/CAD trading near 1.3850.
Rabobank strategist Molly Schwartz notes that Canada has entered a technical recession, with Gross Domestic Product (GDP) contracting for two consecutive quarters and missing expectations.
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