1.391USD
Today
+0.09%
5 Days
+0.52%
1 Month
+2.41%
6 Months
-0.29%
Year to Date
+1.35%
1 Year
+1.39%
Opening Price
1.389Previous Closing Price
1.390The 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.
Long positions above 1.3880 with targets at 1.3910 & 1.3930 in extension.
below 1.3880 look for further downside with 1.3860 & 1.3845 as targets.
long positions above 1.3880 with targets at 1.3910 & 1.3930 in extension.
The USD/CAD pair climbs to a nearly two-week high during the Asian session on Thursday, with bulls now looking to build on the positive momentum further beyond the 1.3900 mark.
The Canadian Dollar (CAD) trades with a heavy tone against its American counterpart, as the US Dollar (USD) gathers strength from renewed Middle East concerns. The USD/CAD pair nears 1.3900, its highest in two months.
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) remains soft but broadly stable, with USD/CAD trading near 1.3850.
Rabobank strategist Molly Schwartz notes that Canada has entered a technical recession, with Gross Domestic Product (GDP) contracting for two consecutive quarters and missing expectations.
The USD/CAD pair attracts fresh buyers following the previous day's directionless price moves and sticks to modest intraday gains, around mid-1.3800s, through the first half of the European session on Wednesday.
USD/CAD edges higher after posting minor losses in the previous day, trading around 1.3850 during the Asian hours on Wednesday.
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