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.
View More

USDCAD chart

USDCAD chart by TradingView

IGCS: IG Client Sentiment data provided by IG


Last Week
-3.74
Current
---
Chg. Open Interest
-17.1%
Outlook
Bullish

Pivot Points data provided by IG

Support & Resistance

USD/CAD
S11.3339 W R31.3661 S
S21.3241 M R21.3521 M
S31.3101 S R11.3402 W
Trend
down
Advertisement

News


Weekly Trade Levels for DXY, EUR/USD, NZD/USD, Gold, Crude & More

Webinar highlighting setups we’re tracking across the US Dollar Majors. Here are the updated targets & invalidation levels that matter heading into the Fed this week.
Continue Reading


FX Week Ahead: UK & Canadian CPI; FOMC, BOJ, & BOE Meetings


Charts for Next Week – EUR/USD, USD/CAD, Crude Oil & More


FX Price Action Setups in EUR/USD, GBP/USD, USD/CHF and NZD/USD


US Dollar Losses Ground as November US CPI Weakens Fed Narrative


Real Time News


Analyst Picks

Tyler Yell, CMT

Tyler Yell, CMT Forex Trading Instructor

My Picks: Bullish USD/CAD
Expertise: Technical Analysis, Intermarket Analysis, Fixed Income, Derivatives
Average Time Frame of Trades: 2-10 Weeks

Advertisement

Get Your Free USD Forecast

Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please select a country

I’d like to receive information from DailyFX and IG about trading opportunities and their products and services via email.

Please fill out this field.

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

Your forecast is headed to your inbox

DailyFX.com – the news, research and analysis website provided by IG – is one of the world's leading sources for news and analysis across currencies, commodities and indices.

Discover our extensive calendar of free educational webinars and test your trading skills, risk-free, with an IG demo account.

Read more articles on DailyFX

An error occurred submitting your form.
Please try again later.

Advertisement

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.

Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous