FX.co ★ crystal66 | USD/CAD

USD/CAD, Friday, April 17, 2026

The major currency pair USDCAD yesterday appeared to still be swinging downwards, extending this week's bearish wave amid the strengthening of the USD Index. This morning on the H4 timeframe, candles are still swinging down towards the price level of 1.36997, moving away from the dynamic EMA200 orange resistance line crossing area with the blue EMA21 and purple EMA50. Meanwhile, the CCI14 indicator still seems to be swinging in the oversold area. In general, a trading plan to BUY USDCAD for today would be a profitable choice, by placing a stop loss around 1.36700 and a take profit target around the EMA200 area at the price of 1.37880.