Today's HKD to CAD Price Update

robot
Abstract generation in progress

Summary

This report provides the real-time exchange rate between the Hong Kong Dollar (HKD) and Canadian Dollar (CAD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Hong Kong Dollar (HKD) is a major fiat currency pegged to the U.S. Dollar, while the Canadian Dollar (CAD) is a commodity-linked currency influenced by oil prices and economic conditions. The exchange rate between them reflects market sentiment regarding relative economic strength and currency stability between Hong Kong and Canada.

Today’s Price

  • 1 HKD = 0.178 CAD
  • 24h High: 0.1785 CAD
  • 24h Low: 0.17793 CAD

Market Analysis

Recent HKD/CAD price movement has exhibited mixed technical signals. The currency pair is currently facing downward pressure with several negative indicators emerging.

  • Technical levels: Key support observed around 5.5813 HKD (in CAD/HKD terms), with resistance levels requiring close monitoring
  • Technical indicators: The 14-day RSI stands at 44.108, suggesting a Sell signal. The MACD reading of 0.001 indicates a Buy signal, reflecting conflicting technical momentum
  • Risk note: The CAD/HKD pair was downgraded to a Sell Candidate as of January 9, 2026, with both short and long-term Moving Averages displaying negative signals. Analysts project a potential decline of -1.61% in March
  • Trading opportunities: Monitor support levels closely for potential reversal points; watch for continued weakness in the near term

Conclusion

Continue to monitor the HKD/CAD pair closely, integrating technical indicators with short-term forecasts. Given the current bearish bias from moving averages and recent downgrade to Sell Candidate status, traders should exercise caution and focus on risk management in the coming weeks.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)