USD/CAD Price Analysis: Dollar trading at five-month’s high vs. CAD


  • USD/CAD is trading at levels not seen since September 2019.
  • The level to beat for bulls is the 1.3410 level. 
 

USD/CAD daily chart

 
USD/CAD is spiking to its highest since early September 2019 while trading above the main daily simple moving averages (SMAs).
 

USD/CAD four-hour chart

 
USD/CAD is marching north while hitting fresh 2020 highs as the market is above the main SMAs. As the path of least resistance is up, the market is set to continue to appreciate on a break above the 1.3410 resistance towards the 1.3487 and 1.3550 levels, according to the Technical Confluences Indicator. Support can be seen near the 1.3340, 1.3310 and 1.3237 levels.
 
 
Resistance: 1.3410, 1.3487, 1.3550
Support: 1.3340, 1.3310, 1.3237
 

 

Additional key levels 

USD/CAD

Overview
Today last price 1.3365
Today Daily Change 0.0048
Today Daily Change % 0.36
Today daily open 1.3317
 
Trends
Daily SMA20 1.3268
Daily SMA50 1.3157
Daily SMA100 1.3178
Daily SMA200 1.3212
 
Levels
Previous Daily High 1.3333
Previous Daily Low 1.3272
Previous Weekly High 1.328
Previous Weekly Low 1.3202
Previous Monthly High 1.3255
Previous Monthly Low 1.29
Daily Fibonacci 38.2% 1.331
Daily Fibonacci 61.8% 1.3295
Daily Pivot Point S1 1.3281
Daily Pivot Point S2 1.3246
Daily Pivot Point S3 1.322
Daily Pivot Point R1 1.3343
Daily Pivot Point R2 1.3369
Daily Pivot Point R3 1.3404

 

 

Share: Feed news

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended content

Editors’ Picks

Gold gives away some gains, slips back to $2,980

Gold gives away some gains, slips back to $2,980

Gold retraced from its earlier all-time highs above the key $3,000 mark on Friday, finding a footing around $2,980 per troy ounce. Profit-taking, rising US yields, and a shift to a risk-on environment seem to be putting the brakes on further gains for the metal.

Gold News
EUR/USD remains firm and near the 1.0900 barrier

EUR/USD remains firm and near the 1.0900 barrier

EUR/USD is finding its footing and trading comfortably in positive territory as the week wraps up, shaking off two consecutive daily pullbacks and setting its sights back on the pivotal 1.0900 mark—and beyond.

EUR/USD News
GBP/USD remains depressed, treads water in the low-1.2900s

GBP/USD remains depressed, treads water in the low-1.2900s

GBP/USD is holding steady in consolidation territory after Friday’s opening bell on Wall Street, hovering in the low-1.2900 range. This resilience comes despite disappointing UK data and persistent selling pressure on the USD.

GBP/USD News
Crypto Today: BNB, OKB, BGB tokens rally as BTC, Shiba Inu and Chainlink lead market rebound

Crypto Today: BNB, OKB, BGB tokens rally as BTC, Shiba Inu and Chainlink lead market rebound

Cryptocurrencies sector rose by 0.13% in early European trading on Friday, adding $352 million in aggregate valuation. With BNB, OKB and BGB attracting demand amid intense market volatility, the exchange-based native tokens sector added $1.9 billion.

Read more
Week ahead – Central banks in focus amid trade war turmoil

Week ahead – Central banks in focus amid trade war turmoil

Fed decides on policy amid recession fears. Yen traders lock gaze on BoJ for hike signals. SNB seen cutting interest rates by another 25bps. BoE to stand pat after February’s dovish cut.

Read more
The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Read More

Forex MAJORS

Cryptocurrencies

Signatures

Best Brokers of 2025