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Canadian Dollar Short-term Outlook: USD/CAD Plunges to Key Support– Breakdown Risk Builds
USD/CAD has turned sharply lower after failing to sustain gains near recent highs, with the pair now testing a critical support zone. The pullback follows a strong advance but comes amid growing signs of exhaustion, shifting the focus to whether this decline marks a corrective move or the start of a broader reversal.
Date:
15.04.2026 |
Source:
forex.com
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Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.179940 | +0.028823% |
| GBPUSD | 1.355200 | -0.10099% |
| USDJPY | 158.967000 | +0.11273% |
| XAUUSD | 4790.940000 | -1.04962% |
| USDCAD | 1.373620 | -0.21285% |
| NZDUSD | 0.590640 | +0.11866% |
| USDCHF | 0.782440 | +0.22801% |
| AUDUSD | 0.716140 | +0.50382% |
| EURGBP | 0.869660 | +0.08286% |
| EURJPY | 187.619000 | +0.1992% |
| GBPJPY | 215.614000 | +0.10028% |
| AUDJPY | 113.949000 | +0.74265% |
| CADJPY | 115.726000 | +0.33814% |
| CHFJPY | 203.180000 | -0.13703% |
| NZDJPY | 94.016000 | +0.37045% |
| GBPCHF | 1.061000 | +0.21819% |
| EURCHF | 0.923160 | +0.28026% |
| USDMXN | 17.247000 | -0.081111% |
| USDZAR | 16.364100 | +0.18919% |
| USDTRY | 44.730600 | +0.006037% |
| USDRUB | 75.990000 | +0.819% |
| USDSEK | 9.146000 | -0.24813% |
| USDCNY | 6.817500 | +0.035216% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 16.04.2026 | ||||
| 01:30 | 🇦🇺 | Employment Change (Mar) | 20 | 48.9 |
| 01:30 | 🇦🇺 | Unemployment Rate (Mar) | 4.3 | 4.3 |
| 02:00 | GDP Growth Rate YoY (Q1) | 4.8 | 4.5 | |
| 02:00 | Gross Domestic Product YoY (Q1) | 4.8 | 4.5 | |
| 02:00 | Industrial Production YoY (Mar) | 5.5 | 6.3 | |
| 02:00 | Retail Sales YoY (Mar) | 2.3 | 2.8 | |
| 02:00 | Unemployment Rate (Mar) | 5.2 | 5.3 | |
| 06:00 | 🇬🇧 | Goods Trade Balance (Feb) | -20.2 | -14.45 |
| 06:00 | 🇬🇧 | Goods Trade Balance Non-EU (Feb) | -9.2 | -3.46 |
| 06:00 | 🇬🇧 | Gross Domestic Product MoM (Feb) | 0.1 | 0 |