USDCAD chart by TradingView

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
US Tax Plan Doesn’t Win New Dollar or SPX Highs, ECB and BoJ Ahead
S11.3530 W R31.3838 S
S21.3528 M R21.3753 M
S31.3415 S R11.3647 W
Trend
down
Volatility
16%

News


US Tax Plan Doesn’t Win New Dollar or SPX Highs, ECB and BoJ Ahead

The Dollar was conspicuously unmoved two days after its technically-decisive 'neckline' break Monday. The motivation for this move was distinctively a fundamental cross wind without a built-in drive.
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USD/CAD Unfazed by Weak Canada Retail Sales; RSI Divergence Emerges


USD/CAD Breakout Valid While above 1.3409


USD/CAD Technical Analysis: A Case Study On Not Fighting Breakouts


Canadian Dollar Wilts as US Slaps Tariffs on Softwood Lumber


Real Time News


Analyst Picks

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in AUDJPY, AUDUSD, USDCAD & GBPUSD
Expertise: Short-term Technicals
Average Time Frame of Trades: 1-3Days


Pivot Points

Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous