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USD/CAD

USDCAD
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1.394

+0.000+0.03%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.04%

5 Days

-0.46%

1 Month

-1.47%

6 Months

+2.45%

Year to Date

+1.59%

1 Year

+1.24%

Key Data Points

Opening Price

1.394

Previous Closing Price

1.394
Price Range of the Day
1.3931.396
52-Week Price Range
1.3481.425

Recent

Analysis

Canadian Dollar steadies as falling Oil offsets US Dollar weakness

USD/CAD trades around 1.3940 on Thursday at the time of writing, virtually unchanged on the day. The pair remains caught between two opposing forces: The US Dollar (USD) weakens following softer-than-expected US data, while the Canadian Dollar (CAD) struggles amid falling Oil prices.

Fxstreet10 minutes ago

Bank of Canada: Gradual tightening path into 2027 – NBC

National Bank of Canada's (NBC) Taylor Schleich and Ethan Currie reaffirm their Bank of Canada (BoC) rate call, arguing that despite stronger Canadian labour data and robust Q2 GDP, accumulated slack and data lags should delay tightening.

Fxstreet2 hours ago

Canadian Dollar: Recovery not just about Oil – Commerzbank

Commerzbank’s Michael Pfister argues Canada’s recent economic improvement is not solely driven by higher Oil and gas prices linked to the Iran conflict.

Fxstreet6 hours ago

Canadian Dollar extends pullback from two-month high as oil-driven Fed hike bets lift USD

The USD/CAD pair builds on the previous day's bounce from the 1.3900 neighborhood, or a two-month low, and gains follow-through positive traction for the second straight day on Thursday.

Fxstreet8 hours ago

Canadian Dollar steadies as weak US Dollar offsets lower oil prices

USD/CAD remains steady after registering minor gains in the previous day, trading around 1.3940 during the Asian hours on Thursday. The currency pair moves within a narrow range as a weaker US Dollar (USD) balances out the impact of falling oil prices on the commodity-linked Canadian Dollar (CAD).

Fxstreet13 hours ago

Canadian Dollar steadies as US inflation meets expectations, Oil limits downside

USD/CAD trades around 1.3915 on Wednesday at the time of writing, virtually unchanged on the day with a modest decline of 0.06%.

FxstreetWed, Aug 12

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
Neutral
Sell(5)
Neutral(3)
Buy(4)
Indicators
Sell(2)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.003
Sell
RSI(14)
36.942
Neutral
STOCH(KDJ)(9,3,3)
15.763
Neutral
ATR(14)
0.006
High Vlolatility
CCI(14)
-90.774
Neutral
Williams %R
84.615
Oversold
TRIX(12,20)
-0.045
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
1.393
Buy
MA10
1.398
Sell
MA20
1.403
Sell
MA50
1.407
Sell
MA100
1.392
Buy
MA200
1.385
Buy

USD/CAD Trading Strategy

Intraday
Medium Term
Short Term
Our next up target stands at 1.3972

Trading Strategy

Our next up target stands at 1.3972

Alternative scenario

below 1.3904, expect 1.3883 and 1.3871.

Comment

Our next up target stands at 1.3972

an hour 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

1.394
+0.000+0.03%
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