USDCAD on Monday rose 0.28% to 1.35754. What we know.

USDCAD on Monday rose 0.28% to 1.35754. What we know.

USDCAD Analysis

Performance after Monday
Period Pct Chg Momentum
Monday 0.28% 38.4 Pips
Week to-date 0.28% 38.4 Pips
April 0.28% 37.7 Pips

Upcoming key events (London Time)

No major events for the day.

What happened lately

No major activities.

Latest from X (Twitter)

What can we expect from USDCAD today?

USDCAD on Monday rose 0.28% to 1.35754. Price is above 9-Day EMA while Stochastic is falling.

Updated daily direction for USDCAD looks bullish as the pair ended higher after Monday trading session.

Looking ahead for the day, immediate upside resistance level is R1 at 1.36046 with break above could target R2 at 1.36338 or figure level area. While towards the downside, we are looking at daily low of 1.35100 as an important support. Break below this level could weaken the current bullish momentum. A break above 1.35865 may suggest continuation after recent positive movement.

For the week to-date, take note that USDCAD is mixed as compared to the prior week.

Key levels to watch out:

R3 1.36811
R2 1.36338
R1 1.36046
Daily Pivot 1.35573
S1 1.35281
S2 1.34808
S3 1.34516

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