USD/CAD
USD/CAD1.35623CAD
Today
+0.04%
1 Week
-0.09%
1 Month
-0.51%
6 Months
-0.03%
Year to Date
+2.52%
1 Year
+0.85%
Key Data Points
Opening Price
1.35508Previous Closing Price
1.3557USD/CAD Trading Strategy
Trading Strategy
Short positions below 1.3585 with targets at 1.3545 & 1.3530 in extension.
Alternative scenario
above 1.3585 look for further upside with 1.3600 & 1.3615 as targets.
Comment
short positions below 1.3585 with targets at 1.3545 & 1.3530 in extension.
USD/CAD News
USD/CAD softens near 1.3550 on bearish US Dollar, investors await BoC’s Macklem speech
The USD/CAD pair attracts some sellers near 1.3560, snapping the two-day winning streak during the early Asian session on Friday.
Canadian Dollar gets a push from Fed cuts but still hobbled
The Canadian Dollar (CAD) remains overall weaker on Thursday, though the CAD was able to eke out a stronger stance against the Greenback, with the USD getting pummeled after the Federal Reserve (Fed) cut interest rates for the first time in four years by an outsized 50 bps.
USD/CAD: CAD holds range for now – Scotiabank
The FOMC decision failed to shake the CAD out of its broad range.
USD/CAD Price Forecast: Hanging Man reversal candlestick might signal important pivot
USD/CAD is falling on Thursday, trading almost half a percentage point lower on the day, and forming a long red candlestick (see chart below).
USD/CAD Price Forecast: Falls to near 1.3550 after breaking below the ascending channel
USD/CAD trades around 1.3550 during Thursday’s European hours.
USD/CAD trades with mild gains above 1.3600, Fed cuts rates for first time in four years
The USD/CAD pair posts modest gains around 1.3605 during the early Asian session on Thursday.
