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USD/CAD

USDCAD
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1.383

+0.004+0.28%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.28%

5 Days

-0.16%

1 Month

-1.51%

6 Months

+1.38%

Year to Date

+0.78%

1 Year

+0.28%

Key Data Points

Opening Price

1.379

Previous Closing Price

1.379
Price Range of the Day
1.3781.387
52-Week Price Range
1.3481.425

Recent

Analysis

Canada: Gradual improvement outlook on labour market – RBC

Royal Bank of Canada (RBC) economist Claire Fan notes Canada’s labour market lost 42,000 jobs in August, partly reversing earlier gains and leaving modest year-to-date job growth. She emphasizes structural factors like demographics and weaker immigration as key drags.

Fxstreet9 hours ago

Canadian Dollar: Jobs weakness caps gains against US Dollar - TD Securities

TD Securities strategists note that Canada’s softer August labour report, including weaker employment momentum and slower wage growth, is unlikely to materially change the Bank of Canada’s (BoC) assessment of the labour market.

Fxstreet10 hours ago

Canadian Dollar slides as Canada sheds 41.7K jobs, US payrolls surge

USD/CAD accelerates sharply higher on Friday, trading around 1.3850 at the time of writing, up 0.39% on the day.

Fxstreet10 hours ago

USD/CAD (USDCAD) Surges 0.50% on Sep 4: What Does the Market Value?

• USDCAD advanced due to divergent labor market data from the United States and Canada. • Stronger United States nonfarm payrolls drove Treasury yields higher and boosted the dollar. • Canadian employment contraction increased expectations for accommodative Bank of Canada monetary policy.

TradingKey11 hours ago

Canadian Dollar steadies at 1.3800 awaiting employment data from US and Canada

The Canadian Dollar (CAD) holds minor losses against the US Dollar (USD) on Friday, as the USD/CAD pair trades just above 1.3800 after bouncing from two-week lows at 1.3765.

Fxstreet12 hours ago

Canadian Dollar: Data volatility guides Bank of Canada – Commerzbank

Commerzbank analysts Norman Liebke and Michael Pfister report that the Bank of Canada kept its policy rate at 2.25% but adopted a more hawkish tone as inflation risks rise from higher energy prices and trade tensions with the US.

Fxstreet14 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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(8)
Neutral(4)
Buy(1)
Indicators
Sell(2)
Neutral(4)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
0.001
Neutral
RSI(14)
42.741
Neutral
STOCH(KDJ)(9,3,3)
39.587
Sell
ATR(14)
0.007
High Vlolatility
CCI(14)
-33.116
Neutral
Williams %R
52.358
Neutral
TRIX(12,20)
-0.053
Sell
StochRSI(14)
51.082
Buy
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
1.384
Sell
MA10
1.385
Sell
MA20
1.386
Sell
MA50
1.400
Sell
MA100
1.392
Sell
MA200
1.383
Sell

USD/CAD Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 1.3815 is support, with 1.3877 and 1.3892 as targets

Trading Strategy

The upside prevails as long as 1.3815 is support, with 1.3877 and 1.3892 as targets

Alternative scenario

below 1.3815, expect 1.3790 and 1.3775.

Comment

The upside prevails as long as 1.3815 is support, with 1.3877 and 1.3892 as targets

4 hours ago
Source: Trading Central(Reference Only)

More Details of 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.

USD/CAD

1.383
+0.004+0.28%
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