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Canadian Dollar Forecast: USD/CAD Advances Toward Yearly Open – Breakout Risk Builds

USD/CAD is pushing higher after finding footing along long-term slope support, carrying price back toward the yearly open — a level that has repeatedly served as a structural pivot. The recovery has been orderly, but it remains confined within the broader downtrend framework.
Date: 18.02.2026  |  Source: forex.com
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Quotes

Instrument Price Change (%)
EURUSD 1.178540 -0.57535%
GBPUSD 1.349870 -0.48289%
USDJPY 154.831000 +1.03297%
XAUUSD 4980.230000 +2.09877%
USDCAD 1.369580 +0.44075%
NZDUSD 0.596720 -1.30987%
USDCHF 0.772870 +0.37925%
AUDUSD 0.704290 -0.59842%
EURGBP 0.873000 -0.065249%
EURJPY 182.472000 +0.46026%
GBPJPY 209.002000 +0.53877%
AUDJPY 109.048000 +0.45877%
CADJPY 113.051000 +0.62484%
CHFJPY 200.311000 +0.67701%
NZDJPY 92.364000 -0.32483%
GBPCHF 1.043320 -0.049816%
EURCHF 0.910900 -0.18956%
USDMXN 17.204050 +0.53792%
USDZAR 16.061970 +0.22257%
USDTRY 43.752620 +0.0894%
USDRUB 76.741400 +0.51856%
USDSEK 9.034300 +0.87867%
USDCNY 6.907500 +0%

Upcoming Important Events

Time Country Event Forecast Previous
19.02.2026
23:30 🇯🇵 Inflation Rate YoY (Jan) 1.9 2.1
20.02.2026
07:00 🇬🇧 Retail Sales MoM (Jan) 0.2 0.4
08:30 🇩🇪 HCOB Manufacturing PMI (Feb) 49.8 49.1
09:30 🇬🇧 S&P Global Manufacturing PMI Flash (Feb) 51.9 51.8
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13:30 🇺🇸 Personal Income MoM (Dec) 0.1 0.3
13:30 🇺🇸 Personal Spending MoM (Dec) 0.4 0.5