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.
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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 Bearish Structure After Double Top Pattern”USDCAD has completed a Double Top Pattern after failing to break above the 1.4100 region twice. Price has now broken below the neckline, indicating a potential shift toward a bearish continuation.
Flag Pattern Breakout – Earlier bullish momentum ended after the flag breakout, but the structure lat
Trendline Breakdown Signals Potential Bearish ReversalUSDCAD Technical Analysis
Price action has broken below the established upward trendline, indicating a potential shift in market structure. At this stage, a corrective pullback toward the broken trendline is anticipated. A confirmed retest of this level will provide a higher-probability entry oppo
will USDCAD play out like this?expecting LONGS on USDCAD from the order block, targeting the buyside liquidity as full take profit
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.
Possibility of downtrend A trend change is expected to form at the current resistance level and we will see the start of a correction. As long as the price does not consolidate above the previous ceiling level, a correction is likely.
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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 1.39515 CAD — it has decreased by −0.04% 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 0.10%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDCAD showed a −0.54% fall over the past week, the month change is a −1.07% fall, and over the last year it has decreased by −0.81%. 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.