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 strong BUY signal with 81.5% confidence based on technical and fundamental analysis.
Confidence: 81.5%
Entry
1.3834
Stop Loss
1.3733
Take Profit
1.3985
Risk/Reward
1:1.5
Price Analysis
Momentum
Moving Averages
Volatility
Trend Direction
Market Sentiment
Price Statistics
Live Price
1.3834
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24h Change
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7d Change
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30d Change
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Last Candle
1.3834
Closed --
High/Low Statistics
Today
This Week
This Month
Signal Analysis
Why This Signal?
• MACD histogram positive - bullish momentum
• MACD above signal line
• Price above 200 SMA - long-term uptrend
• Volume confirms move (1.51x avg volume)
• No high-impact news risk in near term
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.
President Trump speech
Today - USD
20-Year Bond Auction
Today - USD
4-Week Bill Auction
Tomorrow - USD
10-year TIPS Auction
Tomorrow - USD
Redbook Index (YoY)
Jan 23 - USD
API Weekly Crude Oil Stock
Jan 23 - USD
Baker Hughes US Oil Rig Count
Jan 23 - USD
CFTC Gold NC Net Positions
Jan 23 - USD
CFTC Oil NC Net Positions
Jan 23 - USD
CFTC S&P 500 NC Net Positions
Jan 23 - USD
3-Month Bill Auction
Jan 26 - USD
6-Month Bill Auction
Jan 26 - USD
2-Year Note Auction
Jan 26 - USD
5-Year Note Auction
Jan 27 - USD
Core Personal Consumption Expenditures (QoQ)
Jul 1 - 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.