USDCAD Technical Analysis
US Dollar / Canadian Dollar (USD/CAD)
Updated
Summary
- Underlying trend
- Slightly Bullish
- Stance
- Bullish Above 1.40328
The underlying trend is currently slightly bullish on USDCAD and the short term is slightly bullish. While the price holds above 1.40328, the technical signals lean bullish. A technical level on the upside is 1.4062, then 1.40818. A move back below 1.40328 would weaken this bullish reading.
Short-term selling against a rising weekly moving-average stack — more often a corrective pullback than a confirmed reversal. The bearish read strengthens only if weekly support gives way.
Weekly trend (MAs): STRONG_BUY · Daily momentum (oscillators): STRONG_SELL
Charts & Indicators
Full indicator breakdown · Daily
- RSI(14)NEUTRAL · 44.88568
- Stochastic %K(14)NEUTRAL · 37.87111
- CCI(20)NEUTRAL · -86.16148
- Williams %R(14)NEUTRAL · -62.12889
- ROC(10)SELL · -0.18482
- MACD(12,26,9)SELL · -0.00132
- ADX/DMI(14)SELL · 23.73203
- Bollinger(20,2)NEUTRAL · 1.40421
- Aroon(14)SELL · -85.71429
- TRIX(9)SELL · -0.03235
- Vortex(14)SELL · -0.19106
- Parabolic SARSELL · 1.41224
- Supertrend(10,3)SELL · 1.41899
- CoppockSELL · -0.8619
- SMA(20)SELL · 1.40887
- EMA(20)SELL · 1.40767
- SMA(50)SELL · 1.40551
- EMA(50)BUY · 1.40324
- SMA(200)BUY · 1.38533
- EMA(200)BUY · 1.38892
Institutional Positioning
Canadian Dollar futures
CFTC Commitment of Traders · week of 2026-07-28
- Open interest
- 372,447 contracts
- Speculator net, week-over-week
- -1,862
Large speculators are net short Canadian Dollar futures; because USDCAD is USD-base, that is a bullish signal for USDCAD.
Real exchange-reported futures positioning from the U.S. CFTC, published weekly — not broker tick volume. Positioning is a slow, contextual signal, not a timing tool.
Upcoming US Economic Data
- Employment Situation (NFP)2026-08-07in 3 days
- Consumer Price Index (CPI)2026-08-12in 8 days
- Producer Price Index (PPI)2026-08-13in 9 days
- Advance Retail Sales2026-08-14in 10 days
- Gross Domestic Product (GDP)2026-08-26in 22 days
- Personal Income & Outlays (PCE)2026-08-26in 22 days
- Employment Situation (NFP)2026-09-04in 31 days
- Producer Price Index (PPI)2026-09-10in 37 days
Scheduled US data releases from the St. Louis Fed (FRED) release calendar. Times not shown; most US releases hit at 08:30 ET. Macro context only — not advice.
Daily & Weekly Verdict
Daily
Neutral (0)- Indicators
- Strong Sell (0↑ / 9↓ / 5=)
- Moving averages
- Neutral (3↑ / 3↓ / 0=)
Weekly
Buy (5)- Indicators
- Strong Buy (8↑ / 0↓ / 6=)
- Moving averages
- Strong Buy (6↑ / 0↓ / 0=)
Unlock 1h & 4h intraday signals + live streaming
This page shows the full daily and weekly analysis. Pro and Enterprise members also get 1-hour and 4-hour intraday signals, fair-value-gap and market-structure (ICT) detection, a live streaming chart, and the embeddable widget and API for USDCAD.
See Pro & Enterprise plans →Key Levels
Period Performance
Frequently Asked Questions
Is USDCAD bullish or bearish today?
USDCAD currently shows a neutral daily technical bias (Neutral, score 0) based on a deterministic multi-indicator model.
What is the weekly outlook for USDCAD?
On the weekly timeframe, USDCAD has a bullish bias (Buy, score 5), reflecting the higher-timeframe trend.
What are the key support and resistance levels for USDCAD?
The nearest support for USDCAD is around 1.40328 and the nearest resistance is around 1.4062, with price currently at 1.4059.
What is the overall technical stance on USDCAD?
The underlying trend is currently slightly bullish on USDCAD and the short term is slightly bullish. While the price holds above 1.40328, the technical signals lean bullish. A technical level on the upside is 1.4062, then 1.40818. A move back below 1.40328 would weaken this bullish reading.