USD/CAD Price Forecast: Rebounds toward nearly 15-month highs, 1.4250
USD/CAD posts gains after registering minor losses in the previous day, trading around 1.4210 during the European hours on Wednesday. The pair is positioned close to nearly 15-month highs.
  • USD/CAD targets the primary resistance at a nearly 15-month high of 1.4248.
  • The 14-day Relative Strength Index at 78.6 indicates overbought conditions.
  • The pair may find primary support at the nine-day EMA of 1.4177.

USD/CAD posts gains after registering minor losses in the previous day, trading around 1.4210 during the European hours on Wednesday. The pair is positioned close to nearly 15-month highs. The technical analysis of the daily chart indicates the pair is remaining within the ascending channel pattern, indicating a persistent bullish bias.

The USD/CAD pair is holding a firm bullish bias as it extends its advance above the nine-day Exponential Moving Average (EMA). The short-term EMA running above the longer-term EMA reinforces the constructive trend, while the 14-day Relative Strength Index (RSI) at 78.6 sits in overbought territory, hinting that upside momentum remains strong but leaves the pair vulnerable to corrective pullbacks if buyers lose conviction near current levels.

The USD/CAD pair may target the primary barrier at the nearly 15-month high of 1.4248, reached on June 24, aligned with the upper boundary of the ascending channel around 1.4320. A sustained break above this confluence resistance zone would open the door for further gains toward 1.4400.

The primary support lies at the nine-day EMA of 1.4177. Breaking below it weakens momentum and put downward pressure on the pair to test the lower boundary of the ascending channel around 1.4040. Further declines would explore the region around the 50-day EMA at 1.3947.

Chart Analysis USD/CAD
USD/CAD: Daily Chart

(The technical analysis of this story was written with the help of an AI tool.)

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Japanese Yen.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.16% 0.18% 0.08% 0.14% 0.44% 0.12% 0.11%
EUR -0.16% 0.01% -0.06% -0.01% 0.29% -0.06% -0.05%
GBP -0.18% -0.01% -0.09% -0.03% 0.26% -0.08% -0.05%
JPY -0.08% 0.06% 0.09% 0.04% 0.35% -0.01% 0.02%
CAD -0.14% 0.00% 0.03% -0.04% 0.30% -0.06% -0.03%
AUD -0.44% -0.29% -0.26% -0.35% -0.30% -0.36% -0.33%
NZD -0.12% 0.06% 0.08% 0.00% 0.06% 0.36% 0.03%
CHF -0.11% 0.05% 0.05% -0.02% 0.03% 0.33% -0.03%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

Plus d’un million d’utilisateurs se tournent vers FXStreet pour des données de marché en temps réel, des outils de graphiques, des analyses d’experts et des actualités Forex. Leur calendrier économique complet et leurs webinaires éducatifs aident les traders à rester informés et à prendre des décisions éclairées. FXStreet s’appuie sur une équipe d’environ 60 professionnels répartis entre le siège de Barcelone et diverses régions du monde.
Lire la suite

COTATIONS EN DIRECT

Nom / Symbole
Graphique
% Variation / Prix
NVDA/NAS
Variation 1 jour
+0%
0
ON/NAS
Variation 1 jour
+0%
0
MSFT/NAS
Variation 1 jour
+0%
0

TOUT SUR TECHNICAL

Explorer Plus d'Outils
Académie de Trading
Parcourez une large gamme d'articles éducatifs couvrant les stratégies de trading, les perspectives de marché et les fondamentaux financiers, le tout en un seul endroit.
En Savoir Plus
Cours
Explorez des cours de trading structurés conçus pour soutenir votre croissance à chaque étape de votre parcours de trading.
En Savoir Plus
Webinaire
Rejoignez des webinaires en direct et à la demande pour obtenir des perspectives de marché en temps réel et des stratégies de trading d'experts de l'industrie.
En Savoir Plus