USD/CAD
USDCAD1.38617CAD
Today
-0.05%
5 Days
-2.64%
1 Month
-3.91%
6 Months
+0.43%
Year to Date
-3.57%
1 Year
+0.54%
Key Data Points
Opening Price
1.38683Previous Closing Price
1.38687Indicators
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.
USD/CAD Trading Strategy
Trading Strategy
Long positions above 1.3840 with targets at 1.3925 & 1.3970 in extension.
Alternative scenario
below 1.3840 look for further downside with 1.3800 & 1.3760 as targets.
Comment
long positions above 1.3840 with targets at 1.3925 & 1.3970 in extension.
USD/CAD News
USD/CAD stabilizes around 1.3900 after rebounding from five-month lows
USD/CAD halts its four-day losing streak, trading around 1.3890 during the Asian hours on Tuesday. The pair edges higher as the US Dollar (USD) attempts to stabilize amid mounting concerns over stagflation.
Canadian Dollar snaps three-day win streak as BoC rate call looms
The Canadian Dollar (CAD) appears to have run out of steam, snapping a three-day winstreak and paring some of its newfound gains against the US Dollar.
CAD: BoC decision looms – Scotiabank
The Canadian Dollar (CAD) is modestly lower on the day but has made a little more progress overnight to reach its highest level against the US Dollar (USD) since early November.
CAD in focus ahead of inflation and BoC meeting – Danske Bank
Tariff exemptions from the US offered temporary support to the dollar, but broader concerns about credibility and economic weakness continue to weigh. With market correlations breaking down and investor confidence shaken, USD pressure may persist in the near term, Danske Bank's FX analysts report.
USD/CAD Price Forecast: Falls toward 1.3800 after posting fresh six-month lows
The USD/CAD pair continues its losing streak for the fourth successive session, trading near 1.3840 during early European hours on Monday. Technical analysis on the daily chart indicates a prevailing bearish bias as the pair moves downward within the descending channel pattern.
USD/CAD falls toward 1.3850 due to potential US recession, persistent inflation
USD/CAD continues its losing streak for the fourth straight session, hovering around 1.3860 during Monday's Asian trading hours.
More Details of USD/CAD
