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USD/CAD

USDCAD
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1.388

+0.001+0.09%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.09%

5 Days

-0.41%

1 Month

-0.96%

6 Months

+1.79%

Year to Date

+1.14%

1 Year

+0.44%

Key Data Points

Opening Price

1.386

Previous Closing Price

1.387
Price Range of the Day
1.3861.388
52-Week Price Range
1.3481.425

Recent

Analysis

Canadian Dollar remains resilient as Oil strength counters firmer US Dollar

USD/CAD trades little changed on Tuesday as rising long-term US Treasury yields lift the US Dollar (USD), while elevated Oil prices underpin the commodity-linked Canadian Dollar (CAD). At the time of writing, the pair trades around 1.3874, near levels last seen in early June.

Fxstreet2 hours ago

Canadian Dollar receives support from firm oil prices

USD/CAD extends its losses for the fourth successive day, trading around 1.3870 during the European hours on Tuesday. The currency pair depreciates as the commodity-linked Canadian Dollar (CAD) gains support from firming crude oil prices.

Fxstreet5 hours ago

Canadian Dollar: Fragile recovery tied to US – Commerzbank

Commerzbank FX analyst Michael Pfister highlights that the Canadian Dollar’s recent weakness contrasts with a fragile recovery in Canada’s real economy.

Fxstreet6 hours ago

USD/CAD Price Forecast: Consolidates below 1.3900 as bears await 200-SMA breakdown

The USD/CAD pair struggles to capitalize on the overnight bounce from its lowest level since June 3, around the 1.3845 zone, also representing the 200-day Simple Moving Average (SMA) support, and oscillates in a narrow band on Tuesday.

Fxstreet7 hours ago

Canadian Dollar holds near early June high as rising oil prices offset modest USD strength

The USD/CAD pair struggles to build on the overnight bounce from the 200-day Simple Moving Average (SMA) support near the 1.3845 region, or the lowest level since June 3, and is seen consolidating during the Asian session on Tuesday.

Fxstreet12 hours ago

Canadian Dollar: Inflation steady near target – RBC

Royal Bank of Canada (RBC) economists Abbey Xu and Nathan Janzen note that Canadian inflation rose to 3% year-over-year in July, mainly on higher energy costs, while underlying measures like CPI-trim and CPI-median stayed near the 2% target.

Fxstreet23 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(1)
Buy(2)
Indicators
Sell(3)
Neutral(1)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.003
Sell
RSI(14)
31.728
Neutral
STOCH(KDJ)(9,3,3)
12.991
Oversold
ATR(14)
0.005
Low Volatility
CCI(14)
-109.170
Sell
Williams %R
85.605
Oversold
TRIX(12,20)
-0.059
Sell
StochRSI(14)
33.673
Buy
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
1.390
Sell
MA10
1.393
Sell
MA20
1.400
Sell
MA50
1.407
Sell
MA100
1.392
Sell
MA200
1.385
Buy

USD/CAD Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 1.3854 is support, with 1.3900 and 1.3913 as targets

Trading Strategy

The upside prevails as long as 1.3854 is support, with 1.3900 and 1.3913 as targets

Alternative scenario

below 1.3854, expect 1.3832 and 1.3820.

Comment

The upside prevails as long as 1.3854 is support, with 1.3900 and 1.3913 as targets

23 minutes 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

1.388
+0.001+0.09%
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