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USD/CAD

View indicative pricing and leverage information for USD/CAD.

USD/CAD price chart

USD/CAD market insights

Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.

If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.

Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.

Economic calendar

USD/CAD overview

USD/CAD is the live price of the US dollar against the Canadian dollar. CAD is the quote currency in the pair, so the USD/CAD price represents how many Canadian dollars it takes to buy a single US dollar (the base currency).

The US and Canadian economies are closely linked, which makes the pair popular among traders. The Canadian dollar is also a leading example of a ‘commodity’ currency, with a value that is often closely tied to the price of crude oil.

USD/CAD is referred to as the ‘loonie’, after a nickname for the Canadian dollar.

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