Chart of the day - USDCAD (19.09.2022)

US dollar rally continues but will be put to a big test this week. Fed will announce its monetary policy decision this week on Wednesday, 7:00 pm BST. Expectations got more hawkish following CPI reading for August but have since eased somewhat and a 75 basis point rate hike looks to be the base case scenario. There is no key data ahead of the meeting that could tilt expectations more hawkish. However, there is always scope for a surprise and decision as well as Powell's press conference at 7:30 pm BST will surely be source of volatility on the FX market. Apart from that Fed will also publish a new set of economic forecasts along with the dot plot.

USDCAD launch new week with a strong upward move and tests a key 1.3300.13350 area. This zone is marked with the upper limit of the upward channel, 50% retracement of post-pandemic drop and previous price reactions from the 2018-2020 period. Break above would result in painting a new 2-year high on the pair and hawkish Fed could provide fuel for it. CAD traders should also keep the Canadian CPI report for August on watch (Tuesday, 1:30 pm BST) as it may trigger some volatility as well. Two levels to watch in case of a break or pullback are marked with 38.2% retracement (support, 1.3050 area) and 61.8% retracement (resistance, 1.3600-1.3650).

USDCAD. W1 interval. Source: xStation5

4 November 2025, 6:53 AM

Economic calendar: Speeches by central bankers; quarterly results from Ferrari, AMD, and Pfizer (04.11.2025)

3 November 2025, 9:04 AM

BREAKING: PMI data from European countries came in line with expectations 🔎

3 November 2025, 7:38 AM

BREAKING: Swiss inflation slows again 📉

31 October 2025, 3:15 PM

⏬EURUSD the lowest in 3 months

forex

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

Chart of the day - USDCAD (19.09.2022)

Join over 2 000 000 XTB Group Clients from around the world