1.398USD
Today
+0.08%
5 Days
+0.51%
1 Month
+2.20%
6 Months
+1.51%
Year to Date
+1.84%
1 Year
+2.25%
Opening Price
1.396Previous Closing Price
1.396The 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.

Short positions below 1.4000 with targets at 1.3950 & 1.3930 in extension.
above 1.4000 look for further upside with 1.4020 & 1.4040 as targets.
short positions below 1.4000 with targets at 1.3950 & 1.3930 in extension.
USD/CAD extends its gains for the second successive day, trading around 1.3980 during the Asian hours on Friday. However, the upside for the USD/CAD pair may face notable resistance as a sudden easing of geopolitical risk could sideline the US Dollar (USD).

Brown Brothers Harriman’s (BBH) Elias Haddad reports the Bank of Canada (BoC) kept its policy rate at 2.25% for a fifth consecutive meeting and signaled no urgency to hike despite two-way optionality.

Scotiabank strategists Shaun Osborne and Eric Theoret highlight renewed Canadian Dollar (CAD) weakness as softer Oil prices and geopolitical concerns push USD/CAD to new year-to-date highs.

Royal Bank of Canada (RBC) economist Claire Fan notes that Canada’s Gross Domestic Product (GDP) contracted in Q1, but measures of excess slack such as the unemployment rate still align with prior tracking. Fan keeps its growth outlook unchanged, instead lowering potential GDP estimates.

The Global Strategy Team at TD Securities reports that the Bank of Canada left rates unchanged at 2.25% and maintained a balanced tone. They expect the Bank to hold policy through 2026, with the next hike projected for early 2027.

USD/CAD advances toward 1.3975 on Thursday at the time of writing, up 0.23% on the day, with the US Dollar (USD) benefiting from renewed safe-haven demand amid persistent tensions in the Middle East.

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