1.400
Today
-0.04%
5 Days
-1.30%
1 Month
-0.41%
6 Months
+2.41%
Year to Date
+2.00%
1 Year
+0.04%
Opening Price
1.401Previous Closing Price
1.400
The downside prevails as long as 1.4025 is resistance, with 1.3978 and 1.3965 as targets
above 1.4025, look for 1.4047 and 1.4060.
The downside prevails as long as 1.4025 is resistance, with 1.3978 and 1.3965 as targets
Royal Bank of Canada economists Frances Donald and Nathan Janzen highlight the possibility of a 25 basis point Bank of Canada rate hike on Wednesday, while acknowledging that December or January remains an alternative.
USD/CAD slips below 1.4000 to its lowest level in a month on Friday, extending its losing streak to seven consecutive days as traders expect the Federal Reserve (Fed) and the Bank of Canada (BoC) to take different paths at next week’s meetings.
TD Securities’ FX team, led by Jayati Bharadwaj and Howard Du, argues that Canadian data still support patience from the Bank of Canada, keeping rate differentials in favour of the US Dollar.
USD/CAD remains steady after six days of losses, trading around 1.4010 during Asian hours on Friday. The pair is extending a corrective pullback below its short- and medium-term moving averages and keeping a bearish near-term bias.
USD/CAD extends its losing streak for the seventh successive day, trading around 1.4000 during Asian hours on Friday. The pair has depreciated as the US Dollar (USD) struggles under pressure from mounting doubts regarding the sustainability of the AI trade.
USD/CAD trims part of its earlier losses on Thursday as the US Dollar (USD) attempts a rebound after slipping to a fresh three-week low earlier in Asian trading hours.
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.
