What is USD/CAD?

USD/CAD is the forex ticker that represents the US Dollar-Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chart, shows traders how many Canadian Dollars are required to buy one US Dollar. Follow the USD/CAD chart for live prices and stay up to date with the latest USD/CAD news, forecasts and analysis.

What is a stock price chart?

The price chart is an easy-to-read historical account of a security's price movement over a period of time. Charts are much easier to read than a table of numbers. On most stock charts, volume bars are displayed at the bottom. With this historical picture, it is easy to identify the following: Reactions prior to and after important events.

Is USD/CAD IG a net long?

USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Sep 29, 2023 when USD/CAD traded near 1.36. Why do CAD and oil move together?

Why is USDCAD considered a commodity currency?

The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors. The USDCAD is one of the most traded currency pairs in the world. USDCAD → Retest of volume density and key resistance FX:USDCAD is in the phase of trend change.