USDCAD chart by TradingView


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, CAD/JPY in Spotlight Today - Watch Crude Oil Prices
S11.3053 W R31.3309 S
S21.2856 M R21.3240 M
S31.2822 S R11.3118 W


USD/CAD, CAD/JPY in Spotlight Today - Watch Crude Oil Prices

But first, let's parse the details and timing of the recent FOMC minutes.
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USD/CAD Signs of Life from Support

Resilient Core Retail Sales to Curb Canadian Dollar Weakness

USD/CAD Constructive Above 1.3070 Ahead of Canada Retail Sales

USD/CAD Pending Daily Breakout

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Analyst Picks

Walker England   

Forex Trading Instructor

My Picks: USD/CAD Pending Breakout
Expertise: Technical Analysis
Average Time Frame of Trades: 1Day-1Week

Pivot Points

Forex Economic Calendar

A: Actual   F: Forecast    P: Previous