2026-09-13 · FOREX
US Dollar / CAD (USD/CAD) Daily Analysis
BUY
55% confidence · 1.3869 CAD
TREND
USD/CAD shows a mixed trend with price above EMA9 at 1.38, but below EMA50 at 1.39, while MACD indicates bearish momentum at -0.01.
SUMMARY
Today's analysis for USD/CAD issues a BUY signal at 1.3869 CAD with 55% confidence. This represents a flip from yesterday's HOLD signal, with the confidence level holding steady. The price has remained at 1.3869 CAD since yesterday's signal. Despite the MACD indicating bearish momentum at -0.01 and the price trading below the EMA50 at 1.39, the immediate price action shows strength. The presence of a Bullish Marubozu candlestick pattern, coupled with the price holding above the EMA9 at 1.38 and moving towards the upper Bollinger Band, suggests renewed buying interest.
SUPPORT
1.37
RESISTANCE
1.39
TIMEFRAME BIAS
Short-term indicators suggest a bullish bias, while medium-term indicators point to a bearish outlook.
PATTERNS
Bullish Marubozu: Strong buying pressure, with the price closing at the high of the day, indicating conviction from buyers.