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.
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USDCAD chart

USDCAD chart by TradingView

IGCS: IG Client Sentiment data provided by IG


Last Week
-1.58
Current
---
Chg. Open Interest
-2.0%
Outlook
Bullish

Pivot Points data provided by IG

Support & Resistance

USD/CAD
S11.3019 W R31.3353 S
S21.2940 M R21.3215 M
S31.2803 S R11.3075 W
Trend
down
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News


USD/CAD Weekly Technical Outlook: Price at Key Resistance, BoC on Tap

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Analyst Picks

Justin McQueen

Justin McQueen Analyst

My Picks: Short USDCAD
Expertise: Fundamental Analysis
Average Time Frame of Trades: Few Weeks

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Market Datadata provided by IG

Symbol Bid Ask Spread
Market Data figures are provided for the trading day.
Symbol Bid Ask Spread
Market Data figures are provided for the trading day.

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