- The USD/CAD pair tests psychological support at 1.3800, along with the next key level at seven months below 1.3760.
- The 14-day RSI remains just above the 30 marks, which signed an ongoing bearish bias without reaching oversold conditions.
- A breakout above the nine -day EMA at 1.3839 can boost short -term bullish momentum.
The USD/CAD pair remains stable after registering gains in the previous session, trading around 1.3810 at the time of Europe on Monday. The technical examination of the sun -day chart indicates a possible bullish shift in the market sentiment, with pairs that maintain levels above the descending channel pattern.
In addition, the 14-day relative index index (RSI) hovers above just 30, reflecting an ongoing bearish bias without entering oversold territory. The USD/CAD pair also remains below the nine -day exponential transfer of average (EMA), suggesting a weak short -term momentum. Further price action is required to confirm the direction of the trend.
On the downside, the USD/CAD pair tests basic psychological support at 1.3800, followed by a seven -month -old 1.3760, last seen on May 2, sitting just above the upper border of the descending channel. A clear moving back to the channel will strengthen the bearish bias, which potentially drives the pair to the 1.3419 level – the lowest since February 2024 – with additional support near the lower channel border around the area of 1.3320.
The USD/CAD pair faces the initial resistance to the nine -day EMA of 1.3839. A decisive rest of this level will boost a short -term bullish momentum, which is the potential signal of a transfer to bias. It can open the path to the 50-day EMA at 1.4066, followed by the monthly high at 1.4415. Continued upside down can target the main resistance to 1.4793 – the lowest level ever seen since April 2003.
USD/CAD: Daily -Taral chart
The price of canada dollar today
The table below shows the percentage change of Canadian dollar (CAD) against the listed basic currencies today. Canada's dollar is the vulnerable against the Australian dollar.
| USD | EUR | Gbp | Jpy | Cad | Aud | Nzd | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.10% | -0.14% | -0.36% | 0.10% | -0.32% | -0.34% | -0.02% | |
| EUR | -0.10% | 0.04% | -0.20% | 0.26% | -0.15% | -0.17% | 0.14% | |
| Gbp | 0.14% | -0.04% | -0.46% | 0.22% | -0.18% | -0.21% | 0.11% | |
| Jpy | 0.36% | 0.20% | 0.46% | 0.47% | 0.05% | 0.10% | 0.45% | |
| Cad | -0.10% | -0.26% | -0.22% | -0.47% | -0.71% | -0.44% | -0.12% | |
| Aud | 0.32% | 0.15% | 0.18% | -0.05% | 0.71% | -0.03% | 0.30% | |
| Nzd | 0.34% | 0.17% | 0.21% | -0.10% | 0.44% | 0.03% | 0.31% | |
| CHF | 0.02% | -0.14% | -0.11% | -0.45% | 0.12% | -0.30% | -0.31% |
The heat map shows the percentage change of basic currencies against each other. The base currency is taken from the left column, while the quote currency is taken from the top row. For example, if you choose the Canadian dollar from the left column and move along the horizontal line to the US dollar, the percentage change shown in the box represents the CAD (base)/USD (quote).
