USD/CAD

The US Dollar v/s the Canadian Dollar is a popular currency pair due to the large amount of cross-border trading activity that takes place between The United States and Canada. The Canadian Dollar is often called 'The Loonie' because of the picture depicting a loon on the Canadian $1 coin. The Canadian Dollar is often considered a 'Commodity Currency' due to the large deposits of natural resources, especially Oil that is mined and exported from Canada; particularly with their neighbor to the south.


Support & Resistance

USD/CAD
USD/CAD Drops into 55 Day Average
S11.3481 W R31.3838 S
S21.3312 M R21.3457 M
S31.3265 S R11.3412 W
Trend
neutral
Volatility
16%
Advertisement

News


USD/CAD Drops into 55 Day Average

Continue Reading


USD Weakness Persist Ahead of NFP Even as ISM Hits 2016 High


Steller Canada GDP Report to Propel USD/CAD Pullback


Technical Focus: USD/CAD Analysis into OPEC


Scenarios for Oil and USD/CAD Traders Heading Into OPEC Meeting


Real Time News


Analyst Picks

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in AUD/NZD, USD/CAD, AUD/USD, &EUR/GBP
Expertise: Short-term Technicals
Average Time Frame of Trades: 1-2 Days

Advertisement

Pivot Points

Advertisement

Forex Economic Calendar

A: Actual   F: Forecast    P: Previous