Explore short-term USD to CAD forecast for today, tomorrow, this week, and next week as well as long-term US Dollar vs Canadian Dollar prediction for 2024, 2025 to 2030 and beyond
5-Day Prediction
$ 1.357111
1-Month Prediction
$ 1.34888
3-Month Prediction
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6-Month Prediction
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1-Year Prediction
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2025 Prediction
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2030 Prediction
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| Current Rate | $ 1.359342 |
|---|---|
| Forecast | $ 1.357111 |
| Green Days | 15/30 (50.00%) |
| Sentiment | Neutral |
| Volatility | 0.55% |
| 50-Day SMA | $ 1.366482 |
| 200-Day SMA | $ 1.365036 |
| 14-Day RSI | 50.42 |
The USD to CAD exchange rate is forecasted to decrease by
Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsem*nt, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
USD to CAD Forecast for Today
The USD to CAD forecast for today is currently predicting the USD/CAD exchange rate to drop to $ 1.356813 in the next 24 hours, representing a
USD to CAD Forecast for Tomorrow
The USD to CAD forecast for tomorrow is currently predicting the USD/CAD exchange rate to drop to $ 1.355968 in the next 24 hours, representing a
USD to CAD Forecast for This Week
At this moment, the prediction is that the USD to CAD rate could reach $ 1.355968 at the end of the week, falling down by
USD to CAD Forecast for Next Week
Today's USD to CAD forecast for next week suggests the USD to CAD rate might fall to $ 1.350583 in the next 7 days, a
USD to CAD for Next 10 Days
The USD/CAD forecast for the next 10 days hints that the USD to CAD rate could go up to $ 1.342548 in the next 10 days, showing a
Long-Term US Dollar to Canadian Dollar forecast for 2024, 2025 and beyond
Here are the current predictions for the US Dollar to Canadian Dollar exchange rate for longer time frames.
| Year | Yearly Low | Yearly High |
|---|---|---|
| 2024 | $ 1.330989 | $ 1.373166 |
| 2025 | $ 1.314956 | $ 1.404708 |
| 2026 | $ 1.402339 | $ 1.68391 |
| 2027 | $ 1.507414 | $ 1.765605 |
| 2028 | $ 1.457919 | $ 1.66099 |
| 2029 | $ 1.479604 | $ 1.644726 |
| 2030 | $ 1.565047 | $ 1.644229 |
USD to CAD for the next 6 months
The USD to CAD forecast for the next 6 months is that the USD to CAD rate will decrease by
USD to CAD Forecast for the next 1 year
The USD to CAD forecast for the next 1 year suggests that the USD to CAD exchange rate will see a
USD to CAD Forecast for the next 5 years
The USD to CAD forecast for the next 5 year indicates that the USD/CAD exchange rate will be $ 1.643564 5 years from now. This would be a
USD to CAD Forecast for Tomorrow, This Week, and Next Week
Here are the USD to CAD rate forecasts for shorter timeframes.
| Date | Daily High | Daily Low |
|---|---|---|
| Sep 13, 2024 | $ 1.356813 | $ 1.356813 |
| Sep 14, 2024 | $ 1.356704 | $ 1.355652 |
| Sep 15, 2024 | $ 1.359372 | $ 1.355688 |
| Sep 16, 2024 | $ 1.360587 | $ 1.358595 |
| Sep 17, 2024 | $ 1.35903 | $ 1.357066 |
| Sep 18, 2024 | $ 1.358024 | $ 1.355021 |
| Sep 19, 2024 | $ 1.355074 | $ 1.353527 |
| Sep 20, 2024 | $ 1.353196 | $ 1.350583 |
| Sep 21, 2024 | $ 1.3525 | $ 1.349637 |
| Sep 22, 2024 | $ 1.351334 | $ 1.342474 |
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USD to CAD Sentiment and Technical Analysis
Currently, the sentiment in the USD/CAD market is estimated as bullish. The 14-day RSI reading is 50.42, suggesting neutral conditions. In the last 30 days, the volatility of the USD to USD has been 0.55%.
The current USD to CAD exchange rate is below the 50-day SMA, which is currently sitting at $ 1.366482. The current rate is below the 200-day simple moving average, which is positioned at $ 1.365036.
USD to CAD Forecast FAQ
Is Canadian Dollar expected to rise against the Canadian Dollar?
Today, Canadian Dollar is expected to fall against the US Dollar, as the forecast expects the USD/CAD exchange rate to move to $ 1.356813 from the current rate of $ 1.359342. In the next 7 days, Canadian Dollar is predicted to increase compared to the US Dollar by $ 1.350583.
Is USD to CAD a buy or sell?
USD/CAD is currently a sell as the exchange rate is forecasted to decrease by
Will Canadian Dollar get stronger against US Dollar in 2024?
Canadian Dollar is expected to drop by
What is the Canadian Dollar to US Dollar forecast for 2025?
The Canadian Dollar to US Dollar forecast for 2025 is currently $ 1.400605. This would represent a
What is the forecast for USD to CAD in 2030?
The forecast for CAD to USD in 2030 is that the exchange rate will be $ 1.566274 6 years from now. This would be
How to read and forecast USD to CAD price movements?
Forex traders use a variety of tools to make predictions on which way the market is likely to head next. The two main tools that forex traders use are technical analysis and fundamental analysis.
Technical analysis involves analyzing indicators, chart patterns, and support and resistance levels. Meanwhile, fundamental analysis involves analyzing macroeconomic and political events that have an influence on forex markets.
Forex technical indicators
Moving averages are among the most popular forex prediction tools. As the name suggests, a moving average provides the average closing price for a forex pair over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average is a sum of the closing prices over the last 12 days which is then divided by 12.
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
5-day, 10-day and 20-day moving averages are among the most commonly used indicators in the market to identify important resistance and support levels from a short term perspective. Meanwhile, the 50-day, 100-day and 200-day moving averages are often used to identify long-term support and resistance levels.
If the pair’s price moves above any of these averages, it is generally seen as a bullish sign for stock. Conversely, a drop below an important moving average is usually interpreted as a negative forecast for the market.
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the exchange rate.
Another way of analyzing forex prices is through candlestick chart analysis. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
How to read stock charts and forecast price movements?
Here are some of the most commonly followed bullish candlestick patterns:
Here are some common bearish candlestick patterns:
- Hammer
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man
Forex fundamental indicators
Macroeconomical and political events play an important role in the forex markets, as they can have a significant influence on exchange rates. In order to be successful in the forex market, traders need to have a solid understanding of the bond market, balance of trade between nations, the political landscape, a nation’s economic health, purchasing power and other key concepts.
DISCLAIMER: Not Investment Advice
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsem*nt or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
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