
USD/CAD
View indicative pricing and leverage information for USD/CAD.
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.
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When it comes to trading, it’s just as important to assess your own behaviours as well as the market’s. More than a modern-day trading journal, simply log into our trading platform and select the Performance Analytics tab for in-depth insights on your strengths and weaknesses.
USD/CAD overview
As a global currency, the US Dollar provides the benchmark for all major commodities and finances a huge portion of world trade. By comparison, the Canadian dollar has a much more modest role. However, the two countries enjoy a relatively stable relationship, with Canadians buying more than $320 billion of US goods and services each year, while Americans purchase over $307 billion of Canadian products in the same period.
| Margin from | 3.33 % |
| Min trade size | 1,000 |
| Long | 0.19 |
| Short | -0.69 |
| Min stop distance | 0.00018 Points |
| Guaranteed order minimum | 0.0006 Points |
| Spreads from | 0.0002 Points |
| 0 - 75,000,000 | 3.33 % |
| 75,000,000 + | 20.0 % |
| Spreads from | 0.0002 Points |
| 0 - 75,000,000 | 3.33 % |
| 75,000,000 + | 20.0 % |
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