Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.001
Neutral
RSI(14)
36.491
Neutral
STOCH(KDJ)(9,3,3)
34.285
Sell
ATR(14)
0.007
High Vlolatility
CCI(14)
-104.976
Sell
Williams %R
80.799
Oversold
TRIX(12,20)
-0.056
Sell
StochRSI(14)
0.000
Sell
Search
USD/CAD
Add to Watchlist
1.377
-0.007-0.51%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.52%
5 Days
-0.76%
1 Month
-1.79%
6 Months
+0.70%
Year to Date
+0.33%
1 Year
-0.09%
Key Data Points
Opening Price
1.383Previous Closing Price
1.384Recent
Analysis
Canadian Dollar extends gains on hawkish BoC message, softer US Dollar
USD/CAD extends its decline for the second consecutive day on Thursday as broad US Dollar (USD) weakness and the Bank of Canada’s (BoC) hawkish message at its September policy meeting support the Canadian Dollar (CAD).
Fxstreetan hour ago
Canadian Dollar: Bullish momentum builds after BoC – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is modestly outperforming after a slightly hawkish Bank of Canada (BoC). Policy was left unchanged, but inflation risks were highlighted and December tightening is fully priced.
Fxstreet3 hours ago
Canadian Dollar: Testing support after BoC hold – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad observes USD/CAD is testing key support at 1.3800, where a break could open further downside. The Bank of Canada (BoC) delivered a hawkish hold, keeping rates at 2.25% but warning about increased upside inflation risks.
Fxstreet4 hours ago
Canadian Dollar: BoC inflation focus and valuation divergence – MUFG
Derek Halpenny at MUFG notes the Canadian Dollar’s (CAD) immediate advance after the Bank of Canada left rates unchanged at 2.25% but signalled greater concern over inflation.
Fxstreet7 hours ago
USD/CAD Price Forecast: Falls to near 1.3850 after breaking below nine-day EMA
USD/CAD extends its losses for the second consecutive day. trading around 1.3820 during the Asian hours on Thursday. The technical analysis of the daily chart indicates the pair is positioned within the descending channel pattern, signalling a bearish bias.
Fxstreet9 hours ago
Canadian Dollar rises on weaker US Dollar, rising oil prices
USD/CAD extends its losses for the second consecutive day, trading around 1.3830 during the Asian hours on Thursday. The currency pair experiences downward pressure as a sharp rally in the Japanese Yen (JPY) weighed heavily on the US Dollar (USD).
Fxstreet13 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
1.385
Sell
MA10
1.384
Sell
MA20
1.387
Sell
MA50
1.401
Sell
MA100
1.392
Sell
MA200
1.384
Sell
USD/CAD Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The downside prevails as long as 1.3833 is resistance, with 1.3774 and 1.3759 as targets
Alternative scenario
above 1.3833, look for 1.3858 and 1.3873.
Comment
The downside prevails as long as 1.3833 is resistance, with 1.3774 and 1.3759 as targets
43 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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