Currency pair USDCAD includes two currencies: US dollar and Canadian dollar. This pair is included in the top ten pairs in the Forex market. USD is the most known world currency, which is subject to the comprehensive influence of various factors, keep track of which is not the easiest task. Therefore, it is necessary to use Forex calendar more precisely to predict changes of dollar price. CAD is a commodity currency, which is subjected to a great influence of oil. Therefore, to foresee a change of this currency rate rather simply. Usually, this couple is chosen by traders who trade on the news and have the opportunity to learn how the oil prices change timely.
The U.S. dollar weakened on Wednesday, erasing two days of gains, as investors trimmed positions in anticipation of an expected third consecutive i...
The dollar eased on Monday, ahead of a week packed with central bank meetings and headlined by the U.S. Federal Reserve, where an interest rate cut...
The U.S. dollar was steady on Friday, but still on course for a modest weekly gain against major rivals, as investors braced for delayed inflation ...
Shares indices rose in Asia on Monday as the revival of trade talks between the United States and Canada helped risk sentiment, while the...
The dollar was softer in choppy trading on Monday, as investors monitored the fighting between Israel and Iran for signs that it could escalat...
The U.S. dollar fell against other major currencies on Monday, giving up some of the previous week's gains, as markets weighed the outlook for ...
The dollar made a steady start on Monday as investors waited warily on news of U.S. trade policy and braced for a week packed with economic data th...
The dollar firmed a touch and other currencies held in tight ranges on Wednesday as traders anxiously awaited details of U.S. President Donald...
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 18 June 2025. EURUSD forecast On the H4 chart, EUR...
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 17 June 2025. EURUSD forecast On the H4 chart, EUR...
EURUSD forecast On the H4 chart, EURUSD broke out of the consolidation range upwards and, having received support at 1.1400, completed a growth wave to 1.1530. Today, 21 April 2...
USDCAD is falling sharply, with the pair trading at 1.3791. Full breakdown in our forecast for 21 April 2025. USDCAD forecast: key trading points Expansive t...
EURUSD forecast On the H4 chart, EURUSD continues to develop a consolidation range in the form of a Triangle. Today, 18 April 2025, the price may decline towards the lower bound...
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD...
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD...
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 13 January 2025. EURUSD forecast On the EURU...
Using a currency pair USDCAD in trading, it will be useful for a trader to watch the behavior of such trading instruments as EURUSD, GBPUSD and USDJPY. As it is possible to call these trading instruments, indicators of USDCAD pair price movement as their change influences the national currency rate of Canada.
Trading this currency pair, it is worth paying attention to already accurately created levels, which are a reference point for traders when carrying out the analysis. Similar historical levels serve the trader as the good help for determination of points of the opening of an order. It should be noted that active rate movement on this currency pair is reached at the American trading session, it is caused by that Canada and the United States of America live practically on one time and between them are established rather close commercial ties.