CAD
USD/CAD Live Forex Pair Analysis
USD/CAD is currently showing a bullish dashboard bias with 59 pip ADR. This page combines price context, trend, volatility, rate differential, seasonality, correlations, calendar risk, and methodology links for repeat pair analysis.
USD/CAD quotes the US Dollar against the Canadian Dollar. A rising USD/CAD rate means USD is strengthening versus CAD; a falling rate means CAD is gaining on USD. The current Forex Vitals read is Bullish, with Broad upside alignment and New York session focus.
No active support/resistance test is flagged. Current structure is between support at 1.38966 and resistance at 1.42486.
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Direct answer: USD / CAD is a Major forex pair where one USD is priced in CAD. The Forex Vitals dashboard currently reads Bullish with a continuation score of 4/15 and a server-side price snapshot of 1.42133.
Currency strength spread: USD is -3.3 points versus CAD on the Forex Vitals strength model. Positive spread favors the base currency; negative spread favors the quote currency.
Volatility: Today's range is 22 pips against a 14-day ADR of 59 pips. Volatility is inside its recent average range.
Seasonality: Historically, July has been constructive for USD / CAD, with a 65% directional win rate and +0.54% average change.
What moves USD/CAD?
USD/CAD is driven by the relative strength of the US Dollar and Canadian Dollar. Watch Federal Reserve versus Bank of Canada expectations, inflation surprises, labor data, commodity exposure, and broad risk sentiment.
How to read volatility
Current range context: 22 pips today vs 59 ADR. A high ADR reading can mean momentum is active, but it can also mean the pair is extended.
Session behavior
USD/CAD is most naturally watched during the New York session, with extra attention around overlapping global liquidity. Compare live moves with London, New York, Tokyo, and Sydney activity before judging follow-through.
Correlation risks
Check the correlation table before stacking trades. Highly correlated positions can turn several separate entries into one oversized currency or risk-sentiment bet.
- USD driver: Fed policy, Treasury yields, CPI, PCE, jobs data, and risk appetite
- CAD driver: BoC policy, crude oil, US demand, inflation, and jobs data
- Carry context: USD has the positive rate differential at the current cached policy-rate snapshot.
- Session context: USD/CAD is most naturally watched during the New York session, with extra attention around overlapping global liquidity.
- Risk control: Confirm stop distance, lot size, and correlation exposure before treating the pair context as a trade plan.
| TIME | CUR | EVENT | IMPACT | ACT / EST / PREV |
|---|---|---|---|---|
| Jul 7, 05:15 | USD | ADP Employment Change Weekly | HIGH | - / - / 30.75K |
| Jul 7, 05:30 | USD | Balance of Trade | MEDIUM | - / $-78.0B / $-55.9B |
| Jul 7, 05:30 | USD | Imports | MEDIUM | - / $394.0B / $383.0B |
| Jul 7, 05:30 | USD | Exports | MEDIUM | - / $314.0B / $327.1B |
| Jul 7, 05:30 | CAD | Balance of Trade | MEDIUM | - / C$2.7B / C$2.72B |
| Jul 7, 07:00 | CAD | Ivey PMI s.a | HIGH | - / 59.1 / 58.2 |
| Jul 7, 13:30 | USD | API Crude Oil Stock Change | MEDIUM | - / - / -6.072M |
US Dollar (USD)
Canadian Dollar (CAD)
| Res 3 | 1.42723 |
| Res 2 | 1.42498 |
| Res 1 | 1.42358 |
| PIVOT | 1.42133 |
| Sup 1 | 1.41908 |
| Sup 2 | 1.41768 |
| Sup 3 | 1.41543 |
| Swing High | 1.39670 |
| Swing Low | 1.35501 |
| 61.8% Retr. | 1.38077 |
| Extension | 1.34367 |