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 dollar fell from an 11-month high versus a basket of major peers on Friday as traders took profits after the currency’s recent rally, whi...
The dollar was stable versus a basket of major currencies on Wednesday, as risks triggered by worries over a worsening trade relations between the ...
The dollar dropped versus the safe haven yen and Swiss franc on Tuesday after U.S. President Donald Trump’s intentions to impose additional t...
The dollar climbed towards a seven-month top on Monday as traders bet the United States and China would avoid a full-fledged trade war, although te...
The euro was on course for its worst weekly decline in 19 months following cautious European Central Bank's approach to roll back its easy-mone...
The dollar traded a three-week peak versus the yen and was stable against the euro on Wednesday, with the U.S. central bank virtually guaranteed to...
The dollar climbed to almost a three-week peak versus the yen on Tuesday after U.S. President Donald Trump and North Korean leader Kim Jong Un held...
The euro inched up on Monday as investors awaited the European Central Bank’s policy meeting on Thursday for when and how it would end asset ...
Brokers' Analytics
The USD faltered slightly today, but not against other American currencies as it surged yet again against the CAD to extend for the 4th day in a row. US data today was a mixed bag wi...
The USD has surged against all the major currencies today on the back of robust economic data following yesterdays interest rate rise. US retail sales m/m came in strong at 0.8% (0.4...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7549; the instrument is moving below Ichimoku Cloud, which means that it may continue falling. The markets ...
Today FX traders are waiting with bated breath for the Fed's interest rate decision, statements, and economic projections. The USD is gaining momentum, and on few instruments, th...
13.06.2018USDJPY, “US Dollar vs. Japanese Yen”In the H4 chart, USDJPY is expected to test the resistance at the 8/8 level, rebound from it, and then resume falling to rea...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7573; the instrument is moving below Ichimoku Cloud, which means that it may continue falling. The markets ...
Today, we should receive very reliable trading signals for three setups, yet we are still awaiting breakouts. The USDCAD pair is locked inside an ascending triangle pattern, so we ar...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7613; the instrument is moving above Ichimoku Cloud, which means that it may continue growing. The markets ...
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.