« Back
Loading…
News Image

Canadian Dollar Technical Outlook: USD/CAD Rally Vulnerable

Canadian dollar volatility is accelerating as inflation expectations, labor market data, and geopolitical headlines reshape USD/CAD positioning. Michael Boutros, FOREX.com Senior Market Analyst, breaks down key resistance levels, macro catalysts, and multi-timeframe trading structures driving the North American currency pair.
Date: 28.05.2026  |  Source: forex.com
Read Full Story

Stay Informed!

Follow us on social media so you don't miss important news:

Get smart forecasts, analytics, and valuable insights — install our mobile app for even more power!

Quotes

Instrument Price Change (%)
EURUSD 1.165660 +0.26493%
GBPUSD 1.344380 +0.13034%
USDJPY 159.176000 -0.14053%
XAUUSD 4507.675000 +1.15695%
USDCAD 1.379450 -0.32228%
NZDUSD 0.593060 +0.50331%
USDCHF 0.783730 -0.30022%
AUDUSD 0.716530 +0.34029%
EURGBP 0.867030 +0.16752%
EURJPY 185.540000 +0.12898%
GBPJPY 213.983000 -0.042509%
AUDJPY 114.053000 +0.26197%
CADJPY 115.398000 +0.17187%
CHFJPY 203.091000 +0.1756%
NZDJPY 94.385000 +0.37007%
GBPCHF 1.053590 -0.23389%
EURCHF 0.913520 -0.068916%
USDMXN 17.319350 -0.18069%
USDZAR 16.227100 -0.88444%
USDTRY 45.879500 -0.03105%
USDRUB 71.090000 +0.28312%
USDSEK 9.245850 -0.4431%
USDCNY 6.779100 +0.011802%

Upcoming Important Events

Time Country Event Forecast Previous
29.05.2026
05:00 🇯🇵 Consumer Confidence (May) 32 32.2
06:45 🇫🇷 Inflation Rate YoY (May) 2.5 2.2
09:00 Inflation Rate YoY (May) 3.2 2.7
10:30 GDP Growth Rate YoY (Q1) 7.8 7.8
12:00 🇩🇪 CPI MoM (May) 0.1 0.6
12:00 🇩🇪 Inflation Rate YoY (May) 2.9 2.9
12:30 🇨🇦 GDP Growth Annualized (Q1) 1.5 -0.6
12:30 🇨🇦 GDP Growth Rate QoQ (Q1) 0.1 -0.2
31.05.2026
01:30 NBS Manufacturing PMI (May) 50.5 50.3
01.06.2026
01:45 S&P Global Manufacturing PMI (May) 51.9 52.2