- The USD / CAD pair could review the lowest of six months of 1.3781.
- The successful violation above the EMA of nine days of 1,3886 would improve the short-term momentum
- The pair can test the upper limit of the canal descending almost 1,3,900.
The USD / CAP pair wins from the field for the second successive day, exchanging approximately 1,3890 during the European session on Monday. However, the technical analysis on the daily graph indicates a dominant downward trend, the pair continuing to move lower in a clearly defined descending channel.
In addition, the relative force index of 14 days (RSI) remains higher at level 30, signaling the potential of a short -term short -term rebound. However, with the RSI still below the 50 threshold, the wider lower perspective remains intact. However, the USD / CAD pair tests the exponentially nine -day mobile average (EMA), indicating a potential optimistic change from the short -term momentum.
Update, the USD / CAD pair could review the lowest six months of 1.3781, hit the last time on April 21. A clear rupture below this level would reinforce the lower bias, potentially leading the pair to the lower limit of the channel descending near the zone of 1,3500, with additional support observed around 1.3419 – its lowest point since February 2024.
The successful violation above the EMA of nine days of 1.3886 would improve the short-term price moment and lead the USD / CAD pair to test the upper limit of the channel descending nearly 1,3,900. A break above this channel would signal a potential change towards a bull bias, opening the way to a movement towards the EMA from 50 days to 1.4123. Other gains could target the next major resistance at 1.4793 – the lowest level observed since April 2003.
USD / CAD: Daily graphic
Canadian dollar price today
The table below shows the percentage of variation in the Canadian dollar (CAD) compared to the main currencies listed today. The Canadian dollar was the strongest against the New Zealand dollar.
| USD | Eur | GBP | Jpy | Goujat | Aud | Nzd | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.25% | 0.00% | 0.03% | 0.16% | 0.40% | 0.44% | 0.26% | |
| Eur | -0.25% | -0.31% | -0.20% | -0.11% | 0.05% | 0.18% | -0.01% | |
| GBP | -0.00% | 0.31% | 0.06% | 0.21% | 0.34% | 0.48% | 0.31% | |
| Jpy | -0.03% | 0.20% | -0.06% | 0.14% | 0.38% | -1.01% | 0.48% | |
| Goujat | -0.16% | 0.11% | -0.21% | -0.14% | 0.11% | 0.27% | 0.11% | |
| Aud | -0.40% | -0.05% | -0.34% | -0.38% | -0.11% | 0.14% | -0.05% | |
| Nzd | -0.44% | -0.18% | -0.48% | 1.01% | -0.27% | -0.14% | -0.17% | |
| CHF | -0.26% | 0.01% | -0.31% | -0.48% | -0.11% | 0.05% | 0.17% |
The thermal map shows the percentage of variations in the main currencies against each other. The basic currency is chosen in the left column, while the quotes motto is chosen in the upper row. For example, if you choose the Canadian dollar in the left column and you move along the horizontal line to the US dollar, the percentage of variation displayed in the box will represent CAD (base) / USD (quote).
