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 in Focus as Crude Oil Prices Edge Lower, Inventories Data Ahead
S11.2869 W R31.3307 S
S21.2753 M R21.3253 M
S31.2653 S R11.2967 W
Trend
neutral
Volatility
15%
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News


USD/CAD in Focus as Crude Oil Prices Edge Lower, Inventories Data Ahead

The USD/CAD is trading near 1.29 while Crude Oil prices edge lower as we look ahead to the EIA inventory data later today
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USD/CAD Testing Recent Wedge Barrier From Below


Canadian Dollar Split on Weak Data and Crude Oil’s Bull Market


Canadian Dollar Split on Weak Data and Crude Oil’s Bull Market


USD/CAD Extends Gains After Canadian CPI and Retail Sales Data Miss


Real Time News


Analyst Picks

John Kicklighter   

Chief Currency Strategist

My Picks: Long: USD/JPY; Short: NZD/CAD; Pending: USD/CAD, GBP/NZD, AUD/CAD
Expertise: Fundamentals and Technicals
Average Time Frame of Trades: 2 Days to 1 Week

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