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.
Related currencies
USDCAD MULTI TIMEFRAME ANALYSIS Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest yo
Part 6 Learn Institutional TradingWhat Is Premium?
Premium is the cost of buying an option.
It depends on multiple factors:
Underlying price
Strike price
Time to expiry
Volatility (IV)
Interest rates
Market demand and supply
If implied volatility is high, premium rises.
If expiry date is near, premium decays faster.
Part 6 Learn Institutional TradingTypes of Options Strategies
Option strategies are divided into two broad categories:
- Directional Strategies
Used when you expect the market to move strongly in one direction.
1. Long Call
Profit from big upward moves.
2. Long Put
Profit from major downward moves.
3. Bull Call Spread
Buy c
USD/CAD (3H timeframe) chart...USD/CAD (3H timeframe) chart 👇
🧭 Chart Overview:
Current price: ≈ 1.3979
Trend: Bearish breakdown from support and trendline.
Price has cleanly broken below both the ascending trendline and Ichimoku cloud, confirming a downside continuation.
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🔍 Key Technical Details:
The previous support
technical analysis of your chart for USD/CAD (15-minute timeframMarket Structure
The pair is moving within an ascending channel, indicating short-term bullish momentum.
Higher highs and higher lows confirm the ongoing uptrend structure.
🟦 Key Zone
Support Level: 1.3985 – 1.3990
This shaded zone represents a demand area where price previously found strong buy
USDCAD (3H chart) setup ...USDCAD (3H chart) setup — here’s what can be seen and the likely target analysis based on my chart:
🔍 Chart Observations:
The pair has broken out of a descending channel (marked by the two slanting lines).
Price is currently around 1.3999 and testing the upper boundary of the breakout.
The chart
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
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.









