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USD/CAD

USDCAD
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1.407
+0.005+0.39%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.39%

5 Days

+0.56%

1 Month

-1.35%

6 Months

+3.30%

Year to Date

+2.50%

1 Year

-0.29%

Key Data Points

Opening Price

1.401

Previous Closing Price

1.401
Price Range of the Day
1.4011.408
52-Week Price Range
1.3481.430

USD/CAD Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 1.4051 is support, with 1.4108 and 1.4122 as targets

Trading Strategy

The upside prevails as long as 1.4051 is support, with 1.4108 and 1.4122 as targets

Alternative scenario

below 1.4051, expect 1.4028 and 1.4014.

Comment

The upside prevails as long as 1.4051 is support, with 1.4108 and 1.4122 as targets

an hour ago
Source: Trading Central(Reference Only)
Recent
Analysis
Canada Unemployment Rate set to hold at 6.5% as hiring recovers

Statistics Canada will release its October Labour Force Survey on Friday at 13:30 GMT, with markets anticipating a modest recovery in employment following September's sharp decline. The Unemployment Rate will also be closely watched, as the latest figures could influence the Canadian Dollar (CAD).

Fxstreet3 hours ago
USD/CAD Price Forecast: Trades strongly ahead of US/Canada employment data

The Canadian Dollar (CAD) faces a significant selling pressure against the US Dollar (USD) on Friday. In the European trade, the USD/CAD pair is up 0.45% higher to near 1.4073.

Fxstreet4 hours ago
Canadian Dollar weakens ahead of US, Canadian jobs data releases

The USD/CAD pair gains momentum to around 1.4050 during the early European trading hours on Friday. The US dollar (USD) edges higher against the Canadian Dollar (CAD) on safe-haven demand after the US equity sell-off.

Fxstreet6 hours ago
Canadian Dollar remains steady as oil prices continue to recover

USD/CAD moves little after registering modest gains in the previous day, hovering around 1.4010 during Asian hours on Friday. The pair may lose ground as the commodity-linked Canadian Dollar (CAD) gains support from higher oil prices.

Fxstreet11 hours ago
BoC’s Macklem keeps rate hike door open, downplays fiscal risks

Bank of Canada (BoC) Governor Tiff Macklem appeared in the House of Commons, saying there may be a need to raise rates further.

Fxstreet21 hours ago
Canadian Dollar sits near September 16 highs vs USD as traders eye jobs data on Friday

The USD/CAD pair remains under some selling pressure for the second straight day and trades around mid-1.3900s during the early European session on Thursday, close to its lowest level since September 16, set the previous day.

FxstreetThu, Nov 5

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
Buy
Sell(2)
Neutral(2)
Buy(9)
Indicators
Sell(2)
Neutral(2)
Buy(3)
Indicators
Value
Direction
MACD(12,26,9)
-0.001
Sell
RSI(14)
51.000
Neutral
STOCH(KDJ)(9,3,3)
65.834
Buy
ATR(14)
0.006
Low Volatility
CCI(14)
94.354
Neutral
Williams %R
26.797
Buy
TRIX(12,20)
-0.046
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
1.401
Buy
MA10
1.400
Buy
MA20
1.406
Buy
MA50
1.404
Buy
MA100
1.404
Buy
MA200
1.389
Buy

About 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.

Is USDCAD (USDCAD) a safe investment?

No investment is completely risk-free. The risk level of USDCAD (USDCAD) depends on its underlying assets, strategy, liquidity, fees, and market conditions. Diversification may reduce potential losses but cannot eliminate them, and past performance does not guarantee future results. Before investing, consider whether the fund aligns with your goals and risk tolerance. This is not investment advice.

USD/CAD

1.407
+0.005+0.39%
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