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
Home prices in Canada declined in October for the first time for half of a year but still the positive development was maintained, according to the...
Canada’s main stock futures grew on Tuesday on the back of hopes for further progress signs from U.S. President regarding trade negotiations ...
Canada’s economy lagged to add new jobs in October, as employment market posted a stagnation, whereas jobless rate remained unchanged.
Concerns over global economic development were eased after U.S. Commerce representative said on Friday that the primary “phase one” tra...
Canada’s economic activity grew by 0.1 percent in August, after a halt, that was registered in the prior month amid a recovery in industrial ...
The Bank of Canada announced its decision on the interest rate by publishing fresh forecasts and giving the first public comments by represent...
The Swiss franc lost its weight against its main rivals, including U.S. dollar, extending its negative dynamics, while the Australian and Canadian ...
Expectations that Washington and Beijing were gaining ground to determine their exchange contest bolstered the greenback and trade-exposed Asian mo...
Brokers' Analytics
EURUSD, “Euro vs US Dollar”EURUSD is forming one more descending impulse towards 1.1047. After that, the instrument may start a new growth to reach 1.1072, thus forming a...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.6786; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency.
USDCAD recently broke though the resistance trendline from the end of May – which accelerated the active impulse wave C of the ABC correction 2.
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.6796; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency.
EURUSD, “Euro vs US Dollar”After finishing the second descending impulse towards 1.1050, EURUSD has completed the correction at 1.1077.
EURUSD, “Euro vs US Dollar”After reaching the closest correctional target at 1.1077, EURUSD is moving downwards to reach 1.1066.
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.6813; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency.
20.11.2019USDJPY, “US Dollar vs. Japanese Yen”As we can see in the H4 chart, USDJPY is moving above 5/8. In this case, the price is expected to break 6/8 and then continu...
GuruTrade users Blogs
One hears very often such terms as Forex, Forex business, earnings by Forex, he made a fortune by Forex, Forex traders, Forex market or FX-market! If you are one who is eager to find...
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...
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.