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.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of USD/CAD EXCHANGE RATE FUTURES is 1.3962 CAD — it has risen 0.22% in the past 24 hours. Watch USD/CAD EXCHANGE RATE FUTURES price in more detail on the chart.
Track more important stats on the USD/CAD EXCHANGE RATE FUTURES chart.
The nearest expiration date for USD/CAD EXCHANGE RATE FUTURES is Mar 20, 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 USD/CAD EXCHANGE RATE FUTURES before Mar 20, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For USD/CAD EXCHANGE RATE FUTURES this number is 0.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for USD/CAD EXCHANGE RATE FUTURES shows that traders are closing their positions, which means a weakening trend.
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 USD/CAD EXCHANGE RATE FUTURES. 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 USD/CAD EXCHANGE RATE FUTURES technicals for a more comprehensive analysis.