USDCAD - 2HUSDCAD has been in a clean bullish structure, but price has now made a sharp bearish displacement from the recent high into the marked lower demand zone. This looks like a possible liquidity grab or mitigation move after the strong upswing, so the next reaction around the zone will be important.
U.S. Dollar / Canadian Dollar
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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.
Related currencies
USD/CAD Strengthens Quite Well for the Medium TermUSD/CAD recorded significant gains for the third consecutive day, successfully building momentum following a breakout of the critical resistance barrier in the 1.3810-1.3815 range.
The spot price surged to the 1.3870 region during the Asian session, marking a new high since April 13th, supported by
USDCAD: H4 Bearish CRT Retracement PlayThe displacement already happened.
Now the market is deciding whether this is reaccumulation… or redistribution.
USDCAD printed a clear H4 Bearish CRT, shifting the short-term narrative and establishing a defined dealing range between the candle’s high and low. Right now, price is rotating lower af
USD/CAD Could Move Towards Strong Resistance AreaUSD/CAD moved with a slight negative bias around 1.3660 during today's trading session.
The market is stuck in an observation phase as investors balance hopes for peace in the Middle East with falling oil prices, while preparing for the release of crucial economic data tonight.
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USDCAD: Premium Rejection Setting Up Sell-Side RaidUSDCAD delivered a sharp displacement lower, then retraced straight back into a premium supply zone and prior inefficiency. Now price is stalling exactly where it should if the bearish narrative is still intact.
This is the key:
The market already showed aggressive selling intent.
Retracements afte
USDCAD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARDUSDCAD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the marke
USD/ACD Potential to Weaken FurtherUSD/CAD moved within a narrow range around 1.3620 during today's Asian session.
The pair is caught between two major forces: surging oil prices, which are strengthening the Loonie (CAD), and a strengthening US Dollar (USD), driven by safe-haven sentiment and expectations of hawkish Federal Reserve
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current rate of USDCAD is 1.39402 CAD — it has increased by 0.21% in the past 24 hours. See more of USDCAD rate dynamics on the detailed chart.
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.
The term volatility describes the risk related to the changes in an asset's value. USDCAD has the volatility rating of 0.61%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDCAD showed a 1.13% rise over the past week, the month change is a 2.25% rise, and over the last year it has increased by 1.93%. Track live rate changes on the USDCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
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.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with USDCAD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDCAD shows the buy signal, and 1 month rating is strong buy. See more of USDCAD technicals for a more comprehensive analysis.









