2026-09-11 · FOREX
US Dollar / CAD (USD/CAD) Daily Analysis
HOLD
70% confidence · 1.3835 CAD
TREND
The short-term trend shows price at 1.3835 above EMA9 at 1.38, while the longer-term trend remains bearish with price below EMA21 and EMA50, both at 1.39, and MACD at -0.01.
SUMMARY
USD/CAD maintains a HOLD signal today with a strengthened confidence of 70%. This stance is supported by a neutral RSI at 45.33 and price trading between key moving averages, specifically above EMA9 at 1.38 but below EMA21 and EMA50, both at 1.39. While MACD remains bearish at -0.01, indicating underlying selling pressure, the price has shown a minor rebound. Compared to yesterday's HOLD signal at 1.3808 CAD with 40% confidence, the signal has held steady and strengthened, with the price moving up by 0.0027 CAD.
SUPPORT
1.37
RESISTANCE
1.39
TIMEFRAME BIAS
The short-term bias shows a slight upward momentum, while the longer-term outlook remains bearish.
PATTERNS
No significant patterns detected.