Canadian Dollar / US Dollar

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CADUSD Forex Chart

 

CADUSD

The Canadian dollar is the official currency of Canada. The Canadian dollar is symbolized by $, or C$, CA$ or CAD$. The Canadian dollar is the fifth most held currency in the world, at nearly US$119 billion.1) The currency code for the Canadian dollar is CAD, and the dollar itself is made up of 100 cents. The Canadian dollar is often considered a commodity currency due to the large deposits of natural resources, especially oil that is exported from Canada. The Canadian dollar is often nicknamed loonie, for the image of a loon on its one-dollar coins, and is controlled by the Central Bank of Canada.

Related Symbols

USDCAD
U.S. Dollar/Canadian Dollar
 
   
D61!
Canadian Dollar Futures
 
   
CXY
Canadian Dollar Currency Index
 
   
QCD1!
CANADIAN DOLLAR FUTURES
 
   
PR1!
Canadian Dollar
 
   

News

meszaros meszaros TOP CADUSD, D, Short ,
CADUSD: We are expecting CADUSD correction...
64 2 4
CADUSD, D Short
We are expecting CADUSD correction...

We are expecting CADUSD correction. We assume that before a big increase, a major correction will start in the exchange rate. If our strategy is correct, this level would turn around at a level close to 0.7964. The correction will take several days to reach 0.7535 levels. If the exchange rate rises with a strong momentum, that strategy is dropped.

Jamal92 Jamal92 PRO CADUSD, D, Long ,
CADUSD: CAD/USD - Upside opportunity. (1D)
23 0 1
CADUSD, D Long
CAD/USD - Upside opportunity. (1D)

I have left a horizontal support (Purple) for about a 2-3 months and you can see whenever its tested there was a rally to the upside. It has been tested again so a long order will be placed on my part in which I will close around the 38.2% or the 50% Range.

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