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

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Last Week
Chg. Open Interest

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Support & Resistance

S11.3401 W R31.3619 S
S21.3362 M R21.3533 M
S31.3176 S R11.3442 W

USD/CAD further reading


Canadian Dollar Price Outlook: USD/CAD Faces Data and Central Bank Risks

The latest look at Canadian inflation data today will help guide USD/CAD traders but with the today’s FOMC minutes and Fed Powell’s speech on Friday, the pair may be in for a rocky ride.
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USD Price Outlook: US Dollar Eyes FOMC Minutes & Jackson Hole

Canadian Dollar Price Forecast: USD/CAD Strength May Fade

Currency Volatility: Canadian Dollar at Risk as Canada CPI Eyed

USD/CAD Price: Canadian Dollar against USD – What Next After Correction?

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Analyst Picks

Peter Hanks

Peter Hanks Junior Analyst

My Picks: Bearish USD/CAD
Expertise: Fundamental and Technical
Average Time Frame of Trades: Sevel Days to Several Weeks


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

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