USD/CAD Price Forecast: Remains below 1.4050, near nine-day EMA barrier
USD/CAD holds ground after three days of losses, trading around 1.4040 during the early European hours on Friday. The daily chart’s technical setup reflects an ongoing bullish bias, with the pair remaining within its ascending channel pattern.
  • USD/CAD may find a primary barrier at the nine-day EMA of 1.4055.
  • The 14-day Relative Strength Index near 50 signals balanced momentum, favoring potential breakouts over range-bound moves.
  • The initial support lies around the ascending channel’s lower boundary at 1.4020.

USD/CAD holds ground after three days of losses, trading around 1.4040 during the early European hours on Friday. The daily chart’s technical setup reflects an ongoing bullish bias, with the pair remaining within its ascending channel pattern.

The USD/CAD pair holds above the rising 50-day Exponential Moving Average (EMA) at 1.3992. A dip below the nine-day EMA at 1.4055 flags cooling short-term momentum. Trend conditions remain mildly bullish with the 50-day EMA ascending, yet the flattening nine-EMA caps follow-through. Price’s stance between the two averages points to consolidation until a decisive break.

The 14-day Relative Strength Index (RSI) at 50 (neutral) after retreating from overbought readings confirms subdued directional conviction. RSI around 50 keeps momentum balanced, leaving cues to breakouts rather than oscillations.

The USD/CAD pair could face immediate resistance at the nine-day EMA near 1.4055. A break above this level would strengthen short-term momentum and pave the way for a retest of the seven-month high at 1.4140 from November 5. A sustained move beyond that level could open the door toward the upper boundary of the ascending channel around 1.4240.

On the downside, the immediate support is seen at the ascending channel’s lower boundary near 1.4020, followed by the psychological 1.4000 level and the 50-day EMA at 1.3992. A break below this confluence of supports would dent the bullish bias and pressure USD/CAD toward the four-month low near 1.3721.

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

USD/CAD: Daily Chart

Canadian Dollar Price Today

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

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.09% 0.15% 0.05% 0.04% 0.05% 0.12% 0.05%
EUR -0.09% 0.07% -0.05% -0.05% -0.04% 0.04% -0.03%
GBP -0.15% -0.07% -0.10% -0.11% -0.14% -0.03% -0.10%
JPY -0.05% 0.05% 0.10% 0.01% 0.00% 0.07% 0.01%
CAD -0.04% 0.05% 0.11% -0.01% -0.00% 0.06% -0.00%
AUD -0.05% 0.04% 0.14% -0.01% 0.00% 0.07% -0.02%
NZD -0.12% -0.04% 0.03% -0.07% -0.06% -0.07% -0.07%
CHF -0.05% 0.03% 0.10% -0.01% 0.00% 0.02% 0.07%

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 Canadian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent CAD (base)/USD (quote).

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LIVE QUOTES

Pangalan / Simbolo
Tsart
% Pagbabago / Presyo
GBPUSD
1 araw na pagbabago
+0%
0
EURUSD
1 araw na pagbabago
+0%
0
USDJPY
1 araw na pagbabago
+0%
0

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