Is the Canadian Dollar going to weaken furtherThe CAD futures are indicating that it may correct into a weekly demand zone. If price retraces at that weekly demand zone there will be opportunities to trade the USDCAD shorts in the days to come.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The current price of Canadian Dollar Futures (Jan 2025) is 0.73980 USD — it has risen 0.13% in the past 24 hours. Watch Canadian Dollar Futures (Jan 2025) price in more detail on the chart.
Track more important stats on the Canadian Dollar Futures (Jan 2025) chart.
The nearest expiration date for Canadian Dollar Futures (Jan 2025) is Jan 14, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Canadian Dollar Futures (Jan 2025) before Jan 14, 2025.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Canadian Dollar Futures (Jan 2025). Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Canadian Dollar Futures (Jan 2025) technicals for a more comprehensive analysis.