USDCAD
The US Dollar/Canadian Dollar, or "Loonie", is closely tied to oil prices due to Canada's oil exports. Popular for its correlation with commodity markets. Currently showing a moderate SELL signal with 67% confidence based on technical and fundamental analysis.
Confidence: 67%
Entry
1.3931
Stop Loss
1.3937
Take Profit
1.3923
Risk/Reward
1:1.5
Price Analysis
Momentum
Moving Averages
Volatility
Trend Direction
Market Sentiment
Price Statistics
Live Price
1.3931
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24h Change
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7d Change
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30d Change
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Last Candle
1.3931
Closed --
High/Low Statistics
Today
This Week
This Month
Signal Analysis
Why This Signal?
• RSI overbought at 73.83 - potential pullback
• MACD histogram positive - bullish momentum
• MACD above signal line
• Price above 200 SMA - long-term uptrend
• Price at upper Bollinger Band - overbought
Divergence Detected
BEARISH divergence detected - Bearish RSI divergence - potential reversal down
Risk Management
- • Always use stop loss to limit potential losses
- • Risk only 1-2% of your account per trade
- • Monitor economic events that may affect this pair
- • Consider reducing position size during high volatility periods
- • Review and adjust stop loss as price moves in your favor
Upcoming High-Impact Events
View Full CalendarEconomic events that may impact USD/CAD. Monitor these releases closely as they can cause significant price movements.
BoC Interest Rate Decision
Today - CAD
BoC Monetary Policy Statement
Today - CAD
BoC Press Conference
Today - CAD
Fed's Beige Book
Today - USD
UoM 1-year Consumer Inflation Expectations
Tomorrow - USD
Fed's Waller speech
Tomorrow - USD
4-Week Bill Auction
Tomorrow - USD
Fed's Hammack speech
Tomorrow - USD
Redbook Index (YoY)
Sep 4 - USD
API Weekly Crude Oil Stock
Sep 4 - USD
MBA Mortgage Applications
Sep 4 - USD
EIA Crude Oil Stocks Change
Sep 4 - USD
EIA Distillate Stocks Change
Sep 4 - USD
EIA Gasoline Stocks Change
Sep 4 - USD
EIA Heating Oil Stocks Change
Sep 4 - USD
Trading Information
Pair Characteristics
Key Factors to Monitor
- • Bank of Canada (BoC) interest rates
- • Oil prices (WTI crude)
- • Canadian employment data
- • US economic indicators
- • Canada-US trade relations
Signal History Timeline
Complete history of all trading signals for USD/CAD. See how signals have evolved over time - including repeated signals at the same price level, which can indicate strong market conviction. Use "Load more" to see older signals.
Trading Tools
Pip Value Calculator
Calculate pip value for any forex pair. Support for standard, mini, and micro lots. Handles JPY pairs correctly.
Position Size Calculator
Calculate optimal position size based on account balance, risk percentage, and stop loss. Essential for proper risk management.
Profit/Loss Calculator
Calculate profit or loss for forex trades. Support for long and short positions. Shows P&L in pips and currency.