Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.003
Sell
RSI(14)
30.402
Neutral
STOCH(KDJ)(9,3,3)
8.707
Oversold
ATR(14)
0.006
High Vlolatility
CCI(14)
-125.858
Sell
Williams %R
95.347
Oversold
TRIX(12,20)
-0.050
Sell
StochRSI(14)
0.000
Sell
Search
USD/CAD
Add to Watchlist
1.388
-0.005-0.35%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D
Today
-0.35%
5 Days
-0.95%
1 Month
-1.93%
6 Months
+1.94%
Year to Date
+1.13%
1 Year
+0.88%
Key Data Points
Opening Price
1.393Previous Closing Price
1.393Recent
Analysis
Canadian Dollar: Manufacturing sales drag from energy – TD Securities
TD Securities strategists forecast Canadian Manufacturing Sales to fall 0.4% month-on-month in June, weaker than the market’s -0.1% call, mainly due to lower petroleum prices.
Fxstreet2 hours ago
USD/CAD Price Forecast: Posts fresh two-month low below 1.3900
The Canadian Dollar (CAD) outperforms a majority of its currency peers on Friday, with the USD/CAD pair trading 0.32% lower at around 1.3888. The Canadian currency gains on hopes of a United States (US)-Canada interim deal.
Fxstreet2 hours ago
Canadian Dollar hits fresh high since June on rising oil prices, Fed-inspired USD weakness
The USD/CAD pair extends the previous day's decline from the top end of the weekly range and attracts follow-through selling for the second straight day.
Fxstreet6 hours ago
Canadian Dollar gathers strength on easing Fed rate hike bets
The USD/CAD pair attracts some sellers to around 1.3910 during the early European trading hours on Friday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) as cooled US inflation data have tempered aggressive Federal Reserve (Fed) rate-hike bets.
Fxstreet6 hours ago
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.
Fxstreet11 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.
Fxstreet22 hours ago
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
1.392
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 configuration is negative.
Alternative scenario
above 1.3899, look for 1.3920 and 1.3932.
Comment
The downside prevails as long as 1.3899 is resistance, with 1.3843 and 1.3830 as targets
9 minutes 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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