Created
: 2025.10.31
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
USD/CAD Price Forecast: Tests 1.4000 barrier after breaking above nine-day EMA
World FX news
Breaking news
USD/CAD Price Forecast: Tests 1.4000 barrier after breaking above nine-day EMA
New
2025.10.31 15:52
2025.10.31 15:52
2025.10.31 15:52
- USD/CAD tests the immediate resistance at the psychological level of 1.4000.
- Technical analysis of the daily chart suggests a price consolidation.
- The pair may find its initial support at the nine-day EMA of 1.3985.
USD/CAD extends its gains for the second successive session, trading around 1.3990 during the early European hours on Friday. The technical analysis of the daily chart indicates a price consolidation, with the USD/CAD pair rebounding from the lower boundary of its rectangle pattern.
The short-term price momentum is stronger as the pair is positioned above the nine-day Exponential Moving Average (EMA). Additionally, the 14-day Relative Strength Index (RSI) has moved above the 50 level, indicating a potential for a bullish revival.
On the upside, the immediate barrier appears at the psychological level of 1.4000. A break above this level would lead the USD/CAD pair to explore the region around the rectangle's upper boundary, around 1.4060, followed by the six-month high of 1.4079, reached on October 14.
The primary support lies at the nine-day EMA of 1.3985, followed by the rectangle's lower boundary around 1.3930 and the 50-day EMA at 1.3921. A break below this confluence support zone would cause the emergence of the bearish bias and open the doors for the USD/CAD pair to navigate the region around the "throwback support" near the three-month low of 1.3721, which was recorded on August 7.
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 Euro.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.02% | 0.06% | 0.02% | 0.09% | 0.22% | 0.34% | 0.04% | |
| EUR | 0.02% | 0.07% | 0.05% | 0.11% | 0.24% | 0.36% | 0.06% | |
| GBP | -0.06% | -0.07% | -0.02% | 0.04% | 0.17% | 0.29% | -0.02% | |
| JPY | -0.02% | -0.05% | 0.02% | 0.05% | 0.19% | 0.30% | 0.00% | |
| CAD | -0.09% | -0.11% | -0.04% | -0.05% | 0.12% | 0.24% | -0.05% | |
| AUD | -0.22% | -0.24% | -0.17% | -0.19% | -0.12% | 0.12% | -0.18% | |
| NZD | -0.34% | -0.36% | -0.29% | -0.30% | -0.24% | -0.12% | -0.31% | |
| CHF | -0.04% | -0.06% | 0.02% | -0.00% | 0.05% | 0.18% | 0.31% |
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).
Last updated
: 2025.10.31
Related articles
EUR/CHF holds near two-week highs as Swiss Franc weakens on fading safe-haven demand
8 minutes agoFed's Logan: Would find it difficult to cut rates again in December
10 minutes agoFed's Schmid: Dissented against rate cut because of continued momentum in economy
32 minutes agoECB's Villeroy: We must maintain full optionality to act as necessary
48 minutes agoUSD/CHF trades near two-week high amid Fed caution, SNB dovishness
2025.10.31 21:06USD/CNH rises toward 7.1200 on USD strength - BBH
2025.10.31 20:42
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
EUR/CHF holds near two-week highs as Swiss Franc weakens on fading safe-haven demand
The Euro (EUR) trades on the front foot against the Swiss Franc (CHF) on Friday as fading safe-haven demand keeps the Franc under pressure. At the time of writing, EUR/CHF is trading around 0.9287, holding firm near a two-week high as investors digest the latest Eurozone inflation figures.
New
2025.10.31 22:09Fed's Logan: Would find it difficult to cut rates again in December
Dallas Federal Reserve (Fed) President Lorie Logan said on Friday that she did not see a need to cut rates this week; explaining that the economic outlook did not call for it, per Reuters.
New
2025.10.31 22:08Fed's Schmid: Dissented against rate cut because of continued momentum in economy
In a statement published on Friday, Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid explained he voted in favor of keeping the policy rate unchanged because "the labor market is largely in balance, the economy shows continued momentum, and inflation remains too high."
New
2025.10.31 21:45ECB's Villeroy: We must maintain full optionality to act as necessary
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Friday that the ECB is in a good position following Thursday's decision but added that this position is not a fixed one.
New
2025.10.31 21:30Dow Jones Futures edge up as AI, Fed jitters ease
Dow Jones Index futures are showing marginal gains during Friday's European morning session, retracing some of Thursday's reversal.
New
2025.10.31 21:16Gold holds steady near $4,000 amid firm US Dollar and rising yields
Gold (XAU/USD) treads water on Friday, struggling to extend Thursday's advance as investors reassess the Federal Reserve's (Fed) monetary policy outlook following this week's interest rate cut.
New
2025.10.31 21:11USD/CHF trades near two-week high amid Fed caution, SNB dovishness
USD/CHF trades slightly higher on Friday, up 0.15% for the day at 0.8030 at the time of writing, extending its advance near a two-week high at 0.8037.
New
2025.10.31 21:06Copper supply concerns are likely to persist - Commerzbank
Although the price of Copper has fallen back somewhat from its recent record high, it is probably still too early for a significant correction, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen and Commerzbank's FX analyst Volkmar Baur report.
New
2025.10.31 20:52Investor interest drove Gold demand to record highs in the third quarter - Commerzbank
Although the price of Gold fell by almost USD 500 for a time from its record high on Monday October 20th, its reputation as a safe haven is unlikely to be tarnished in the long term. Ultimately, this merely offset the gains made in October.
New
2025.10.31 20:50Russia continues to export large quantities of crude Oil - Commerzbank
Russia appears to find sufficient buyers for its Oil, Commerzbank's commodity analyst Carsten Fritsch notes.
New
2025.10.31 20:48Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
