Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.001
Neutral
RSI(14)
52.730
Neutral
STOCH(KDJ)(9,3,3)
72.276
Buy
ATR(14)
0.006
High Vlolatility
CCI(14)
168.461
Buy
Williams %R
24.988
Buy
TRIX(12,20)
-0.040
Sell
StochRSI(14)
77.408
Sell
Search
USD/CAD
Add to Watchlist
1.408
-0.004-0.28%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.28%
5 Days
+0.84%
1 Month
-0.97%
6 Months
+3.02%
Year to Date
+2.63%
1 Year
+0.33%
Key Data Points
Opening Price
1.412Previous Closing Price
1.412USD/CAD Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The downside prevails as long as 1.4113 is resistance, with 1.4056 and 1.4041 as targets
Alternative scenario
above 1.4113, look for 1.4138 and 1.4153.
Comment
The downside prevails as long as 1.4113 is resistance, with 1.4056 and 1.4041 as targets
32 minutes ago
Source: Trading Central(Reference Only)
Recent
Analysis
Canadian Dollar gains despite lower oil prices
USD/CAD loses ground after two days of gains, trading around 1.4110 during Asian hours on Monday. However, downside momentum could be restrained as the US Dollar (USD) may regain ground.
Fxstreet7 hours ago
Canadian Dollar suffers double blow as US jobs boom, domestic employment shrinks
USD/CAD accelerates its rally on Friday, gaining 0.78% to trade around 1.4120 at the time of writing, as stronger-than-expected United States (US) employment figures boost the US Dollar (USD), while disappointing Canadian labour market data weigh on the Canadian Dollar (CAD).
FxstreetFri, Nov 6
Canada Participation Rate remains at 64.8% in October
FxstreetFri, Nov 6
Canada Unemployment Rate set to hold at 6.5% as hiring recovers
Statistics Canada will release its October Labour Force Survey on Friday at 13:30 GMT, with markets anticipating a modest recovery in employment following September's sharp decline. The Unemployment Rate will also be closely watched, as the latest figures could influence the Canadian Dollar (CAD).
FxstreetFri, Nov 6
USD/CAD Price Forecast: Trades strongly ahead of US/Canada employment data
The Canadian Dollar (CAD) faces a significant selling pressure against the US Dollar (USD) on Friday. In the European trade, the USD/CAD pair is up 0.45% higher to near 1.4073.
FxstreetFri, Nov 6
Canadian Dollar weakens ahead of US, Canadian jobs data releases
The USD/CAD pair gains momentum to around 1.4050 during the early European trading hours on Friday. The US dollar (USD) edges higher against the Canadian Dollar (CAD) on safe-haven demand after the US equity sell-off.
FxstreetFri, Nov 6
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.
Buy
Moving Average
Indicators
Value
Direction
MA5
1.404
Buy
MA10
1.402
Buy
MA20
1.406
Buy
MA50
1.405
Buy
MA100
1.404
Buy
MA200
1.390
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.
