What does AUD/CAD mean?

The AUD/CAD pair is the abbreviated term used for the Australian dollar and the Canadian dollar, nicknamed as “Aussie Loonie”. Before we get into the particulars, what exactly does AUD/CAD rate mean? The exchange rate tells you how many Canadian dollars (quote currency) are required to purchase one Australian dollar (base currency).

Where can I find the latest technical analysis of AUD/USD?

You may find the analysis on a daily basis with forecasts for the global daily trend. You may also find live updates around the clock if any major changes occur in the currency pair. Economies.com provides the latest technical analysis of the AUD/USD (Australian Dollar/Dollar or Aussie) with a forecast.

What is AUD currency?

This currency pair is also known as the "Aussie". Together with the New Zealand Dollar and the Canadian Dollar, the AUD is a commodity currency, that is a currency whose country's exports are largely comprised of raw materials (precious metals, oil, agriculture, etc.).

What is the current trend of AUD/CAD?

The current trend of AUD/CAD is bullish, meaning that the Australian Dollar is appreciating in value relative to the Canadian Dollar. This means that if you were to convert AUD into CAD right now, you would get more CAD than what you had initially in AUD.