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
1.08
Current
---
Chg. Open Interest
10.3%
Outlook
Bullish

Pivot Points data provided by IG

Support & Resistance

USD/CAD
S11.3401 W R31.3619 S
S21.3362 M R21.3533 M
S31.3176 S R11.3442 W
Trend
down
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USD/CAD further reading

News


US Dollar Primed for Weakness - When Will it Break? USD/CAD, GBP/USD

It's been a busy day for the US Dollar with a couple of key drivers coming out of the blue.
Continue Reading


US Dollar Whipsaws Around Fed Chair Powell’s Jackson Hole Speech


Crude Oil Prices Exit Triangle to the Downside - Implications for USD/CAD


USD, EURUSD, GBPUSD, USDCAD & More: Charts for Next Week


USD/CAD Price Outlook: Canadian Dollar Eyes Break Out


Real Time News


Analyst Picks

Michael Boutros

Michael Boutros Technical Strategist

My Picks: Near-term Trade Setups in USD/CAD, EUR/USD & GBP/USD
Expertise: Technical
Average Time Frame of Trades: 1-3 Days

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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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