Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.003
Sell
RSI(14)
38.176
Neutral
STOCH(KDJ)(9,3,3)
27.480
Neutral
ATR(14)
0.006
Low Volatility
CCI(14)
-80.400
Neutral
Williams %R
92.149
Oversold
TRIX(12,20)
-0.044
Sell
StochRSI(14)
21.121
Sell
Search
USD/CAD
Add to Watchlist
1.396
-0.005-0.33%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.32%
5 Days
-0.61%
1 Month
-1.97%
6 Months
+2.82%
Year to Date
+1.75%
1 Year
-0.65%
Key Data Points
Opening Price
1.401Previous Closing Price
1.401USD/CAD Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
Under pressure below 1.4014, with 1.3938 and 1.3924 as targets
Alternative scenario
above 1.4014, look for 1.4037 and 1.4050.
Comment
Under pressure below 1.4014, with 1.3938 and 1.3924 as targets
2 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
Canadian Dollar gains as falling Treasury yields, rising oil weigh on USD/CAD
USD/CAD depreciates after two days of gains, trading around 1.3970 during Asian hours on Wednesday. The USD/CAD pair is losing ground as the US Dollar (USD) weakens and Treasury yields fall across the curve.
Fxstreet2 hours ago
Canada’s Carney: Talks with US to become more intensive
Canadian Prime Minister Mark Carney said on Tuesday that trade discussions with the United States (US) will become more intensive. Carney added that progress made but US trade talks are not yet complete as key issues remain.
Fxstreet6 hours ago
Canadian Dollar retreats as volatile Oil prices overshadow hawkish BoC remarks
USD/CAD regains ground on Tuesday as the Canadian Dollar (CAD) surrenders earlier gains amid a firmer US Dollar (USD) and swings in Oil prices. Traders also assess hawkish remarks from Bank of Canada (BoC) Governor Tiff Macklem.
Fxstreet12 hours ago
BoC’s Macklem signals more rate hikes as Oil fuels inflation risks
On Tuesday, Bank of Canada (BoC) Governor Tiff Macklem appeared before the House of Commons Standing Committee on Finance and said that “further rate hikes may be needed” because the war in the Middle East is keeping energy prices “higher for longer.”
Fxstreet14 hours ago
USD/CAD Price Forecast: Trades near 1.3950 after pulling back from falling wedge top
USD/CAD loses ground after registering modest gains the previous day, trading around 1.3970 during European hours on Tuesday.
Fxstreet21 hours ago
Canadian Dollar regains lost ground as hostilities in Iran boost Oil prices
The Canadian Dollar (CAD) is taking back some losses against the US Dollar (USD) on Tuesday, favoured by a moderate rebound in Crude prices, as the US resumed hostilities in Iran.
Fxstreet22 hours ago
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
1.398
Sell
MA10
1.400
Sell
MA20
1.408
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.
