About U.S. Dollar / Canadian Dollar
The US Dollar vs. the Canadian Dollar is a very popular currency pair due to the extremely large amount of cross border trading that occurs between the U.S. and Canada. The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors. The USDCAD is one of the most traded currency pairs in the world.
Related currencies
USDCAD: +400 Pips Selling Opportunity!Overview🧠
The USDCAD currency pair has reversed and a potential change in trend is occurring. Confirmation is required before a sell entry can be made. The only take profit is a swing move with a potential gain of approximately 400 pips. The stop loss can be placed above the higher high. Please lik
usdcad 4h🔹 Overall Outlook and Potential Price Movements
In the charts above, we have outlined the overall outlook and possible price movement paths.
As shown, each analysis highlights a key support or resistance zone near the current market price. The market’s reaction to these zones — whether a breakout
USDCAD: Bullish Momentum Strengthens Following NFP ReleaseUSDCAD: Bullish Momentum Strengthens Following NFP Release
Yesterday, after the US reported a rise in NPF data, USDCAD made a strong break through an area near 1.4060 that had held the price back for several weeks.
Comments from the FOMC minutes that they may not cut interest rates at the Decemb
USDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.30600 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.30600 support and resistance area.
Trade safe, Joe.
USDCAD BEARISH BREAKOUT|SHORT|
✅USDCAD broke below the supply zone with clean displacement, leaving a fresh imbalance that may act as a breaker on any pullback. Expect price to draw toward sell-side liquidity resting near the lower target area. Time Frame 3H.
SHORT🔥
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will USDCAD play out like this?expecting LONGS on USDCAD from the order block, targeting the buyside liquidity as full take profit
Market Analysis: USD/CAD Maintains Bullish StrengthMarket Analysis: USD/CAD Maintains Bullish Strength
USD/CAD is showing positive signs and might aim for more gains above 1.4130.
Important Takeaways for USD/CAD Analysis Today
- USD/CAD rallied above 1.4000 and 1.4050 before the bears appeared.
- There is a connecting bullish trend line formi
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of USDCAD is 1.39762 CAD — it has decreased by −0.07% in the past 24 hours. See more of USDCAD rate dynamics on the detailed chart.
The value of the USDCAD pair is quoted as 1 USD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 USD.
The term volatility describes the risk related to the changes in an asset's value. USDCAD has the volatility rating of 0.18%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDCAD showed a −0.94% fall over the past week, the month change is a −0.14% fall, and over the last year it has decreased by −0.28%. Track live rate changes on the USDCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
USDCAD is a major currency pair, i.e. a popular currency paired with USD.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade USDCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with USDCAD technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDCAD shows the buy signal, and 1 month rating is buy. See more of USDCAD technicals for a more comprehensive analysis.