Chart of price change USD/CAD
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.
Economic news
The U.S. dollar retreated from a 16-month peak on Wednesday as traders took profits amid surge in the euro and the pound.
The dollar climbed against its major rivals on Friday as the U.S. Federal Reserve held interest rates unchanged but confirmed its monetary tighteni...
The euro and sterling were stable versus the dollar on Monday as traders cautiously waited for news on Brexit talks as well as Italy’s budget...
The dollar was steady versus major currencies on Thursday after minutes of the U.S. Federal Reserve’s last policy meeting showed policymakers...
The U.S. dollar dipped to its lowest level in October versus its major counterparts on Friday as sliding U.S. treasury yields and further declines ...
The U.S. dollar fell unexpectedly on Thursday after frightened investors drove U.S. stocks to their worst drop in almost eight months.
The Canadian dollar jumped half a percent versus its U.S. peer on Monday as traders hurried to buy riskier assets after the U.S. and Canada have re...
The dollar dropped on Wednesday as media reported Canada was ready to make a concession to the U.S. to find a solution in their negotiations over u...
Brokers' Analytics
AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, AUDUSD is still being corrected to the upside after finishing the previous long-term downtrend and ...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7290; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets cou...
07.11.2018USDJPY, “US Dollar vs. Japanese Yen”As we can see in the H4 chart, USDJPY is no longer trading inside the “oversold zone”. In this case, the price i...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7032; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets cou...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7123; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets coul...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7081; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets cou...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7196; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets cou...
USD/JPY On H4, the USDJPY is in the overbought territory, but still may rise to the resistance at +2/8. Going short may only be valid once 8/8 gets broken out.On M15, the upper Volty...
GuruTrade users Blogs
The highest number of financial reports of U.S. companies for the first quarter are due to be published this week. Such tech giants as Facebook, Amazon and Google are going to post...
This week, investors will remain cautious amid geopolitical uncertainty and trade tensions - traders will assess the situation in Syria and trade conflict between the U.S. and China.
Many of us have heard about the cryptocurrency market capitalization. Also, many of you probably paid attention to the news headlines from the category "Bitcoin lost 10% of the...
Bitcoin trading, taking profits on price changes. Currency symbol: BTC. Due to the exotic character of ...
The foreign exchange market is the world’s biggest and most liquid market. And for today, the already intensive forex market expands to yet another direction, offering...
The U.S. Dollar Index (often marked as DXY or USDX) is widely used in Forex. The U.S. dollar index is an indicator of the U.S. currency's strength.
The interest rates issue often appears on the agenda of various media outlets and many people are already aware that this is closely related to the global economy and finance and...
In Forex trading the main factor in choosing of the trade direction is a trend.
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.