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USDCAD

U.S. Dollar / Canadian Dollar

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Overview

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USDCAD chart

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Key data points

Volume

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Open

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Day's range

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About U.S. Dollar / Canadian Dollar

The US Dollar vs. the Canadian Dollar is a very popular currency pair due to the extremely large amount of cross border trading that occurs between the U.S. and Canada. The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors. The USDCAD is one of the most traded currency pairs in the world.

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USD/CAD News

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Ideas

Bearish reversal off pullback resistance?The Loonie (USD/CAD) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support. Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and

Short

by ICmarkets

USD_CAD RISKY LONG| ✅USD_CAD has retested a key support level of 1.4150 And as the pair is already making a bullish rebound A move up to retest the supply level above at 1.4300 is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅

Long

by ProSignalsFx

#USDCAD: Bearish Rally Continues USDCAD is likely to continue its downward trend following a retest of a previously broken support level. Additionally, a bearish flag pattern was formed with a breakout below a support line, further indicating a potential decrease in price. It is anticipated that the price will soon reach the 1.

Short

by linofx1

USDCAD Buy setup On USDCAD we are bearish for our next setup. Currently we are waiting for price to push till our areas of interest, where we will be looking to go long this particular pair. Follow for more updates.

Long

by Burntcandles_m

USDCAD: Local Bullish Reversal?!I have observed a positive uptrend in response to a significant daily support level on the 📈USDCAD chart. Following a test of the marked blue zone, the price began to consolidate and formed a horizontal range on the 4-hour timeframe. The resistance was broken, indicating strong buying activity.

Long

by linofx1

USDCAD SELL Targets @ 1.41 (TP2) - Huge 120 Pip Range Potential - 800m @ 1.4175 (TP1) - Entry at Break/FVG & 0.5

Short

by Floracle

USD/CAD Bulls to Dominate @1.4500 Handle US President Trump renewed his threats to impose tariffs on Canada, noting that the latest delay was only for ‘30 days’, and is set to come back into effect next week. the loonie is under pressure as policy concerns continue to weigh. that being said, I am expecting this week or early March for the

Long

by que

USDJPY:800+ PIPS Dropping Well Since Our First Idea!Dear Traders, Since we posted our idea when price was trading at 158 we told you that this will be a massive dropped and since then price has proven us right, now we think there is another big drop is on the way. Please use proper risk management while trading.

Short

by Setupsfx_

1414

Could the Loonie bounce from here?The price is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which is a pullback resistance. Pivot: 1.4140 1st Support: 1.4073 1st Resistance: 1.4245 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital

Long

by ICmarkets

USD/CAD trend at the beginning of the week - up or down?USD/CAD news: 🔆USD/CAD is currently at the resistance level of 1.4230 as the USD shows signs of rebounding in the US trading session. However, the outlook for the US dollar is weakening as the possibility of a Fed rate cut increases. The weakness of this pair is due to the weaker US dollar followi

Short

by FM-ForexMastermind

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Seasonals

Displays a symbol's price movements over previous years to identify recurring trends.

US Dollar and Canadian Dollar events

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Frequently Asked Questions

The value of the USDCAD pair is quoted as 1 USD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 USD.

USDCAD is a major currency pair, i.e. a popular currency paired with USD.

Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade USDCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.

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