Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.003
Sell
RSI(14)
33.480
Neutral
STOCH(KDJ)(9,3,3)
7.243
Oversold
ATR(14)
0.005
High Vlolatility
CCI(14)
-100.016
Sell
Williams %R
97.828
Oversold
TRIX(12,20)
-0.049
Sell
StochRSI(14)
13.567
Sell
Search
USD/CAD
Add to Watchlist
1.391
-0.002-0.12%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D
Today
-0.12%
5 Days
-0.71%
1 Month
-1.70%
6 Months
+2.19%
Year to Date
+1.37%
1 Year
+1.12%
Key Data Points
Opening Price
1.393Previous Closing Price
1.393Recent
Analysis
Canadian Dollar strengthens despite subdued oil prices
USD/CAD loses ground for the second successive day, trading around 1.3920 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) declines following a softer-than-expected US inflation report.
Fxstreet3 hours ago
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.
Fxstreet15 hours 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.
Fxstreet17 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.
Fxstreet21 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.
Fxstreet23 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).
FxstreetThu, Aug 13
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
1.393
Sell
MA10
1.397
Sell
MA20
1.402
Sell
MA50
1.407
Sell
MA100
1.392
Sell
MA200
1.385
Buy
USD/CAD Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The downside prevails as long as 1.3948 is resistance, with 1.3902 and 1.3890 as targets
Alternative scenario
above 1.3948, look for 1.3969 and 1.3981.
Comment
The downside prevails as long as 1.3948 is resistance, with 1.3902 and 1.3890 as targets
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.
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