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USD / CAD

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Score
0
Daily Range
71 pips
ADR (14)
56 pips
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Market Analysis & Outlook
UPDATED: 22:41 PDT

Current Trend: USD / CAD is showing a Moderate Neutral bias with a technical score of 0/25.

Volatility: Today's range is 71 pips (ADR: 56 pips). Volatility is High.

Seasonality: Historically, April is Bearish for USD / CAD (Win Rate: 45%).

Economic Calendar
TIME CUR EVENT IMPACT ACT / EST / PREV
Apr 8, 04:00 USD MBA 30-Year Mortgage Rate MEDIUM - / 6.2% / 6.57%
Apr 8, 07:30 USD EIA Gasoline Stocks Change MEDIUM - / - / -0.585
Apr 8, 07:30 USD EIA Crude Oil Stocks Change MEDIUM - / -1.0M / 5.451M
About USD / CAD

US Dollar (USD)

Central Bank:
Nickname:
Greenback
Key Driver:
Non-Farm Payrolls
Interest Rate:
3.1%

Canadian Dollar (CAD)

Central Bank:
Nickname:
Loonie
Key Driver:
Crude Oil
Interest Rate:
2.25%
Quick Q&A
What is the current trend for USD / CAD?
The current trend for USD / CAD is Bearish with a score of 0.
What is the daily volatility for USD / CAD?
Today's volatility range is 71 pips.
What are the key support and resistance levels for USD / CAD?
Key resistance is at 1.3851 and support is at 1.3808.
Trend Matrix
H1
H4
D
W
M
Key Technical Levels
Res 31.3886
Res 21.3864
Res 11.3851
PIVOT1.3830
Sup 11.3808
Sup 21.3795
Sup 31.3774
Levels calculated dynamically based on current Price & Volatility.
Daily Structure
Swing High1.3753
Swing Low1.3526
61.8% Retr.1.3666
Extension1.3464
Interest Rate Delta
USD (3.1%) CAD (2.25%)
Differential: 0.85%
Seasonality (APR)
HISTORIC WIN RATE
45%
AVG RETURN
-0.06%
Top Correlations
EUR/NZD 0.91
USD/CHF 0.89
GBP/NZD 0.84
USD/JPY 0.66
EUR/CHF 0.63