USD/CAD Live Forex Pair Analysis

USD/CAD is currently showing a bearish dashboard bias with 55 pip ADR. This page combines price context, trend, volatility, rate differential, seasonality, correlations, calendar risk, and methodology links for repeat pair analysis.

1.37634
-0.20%
Score
-4
Daily Range
58 pips
ADR (14)
55 pips
USD/CAD Pair Snapshot
MARKET DATA:

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 Bearish, with Mixed trend alignment and New York session focus.

Live bid 1.37634 -0.20% session change
Dashboard bias Bearish Score -4/15
Volatility 58 pips ADR 55 pips
Strength spread -8.2 USD minus CAD strength
Rate delta 0.85% USD has the positive rate differential
Trend breadth 1 up / 1 down Across H1, H4, D, W, M
Best watch window New York Use session context before chasing moves
S/R state NO ACTIVE LEVEL TEST Dashboard support/resistance model
Pair class Major forex pair Educational market context only
Dashboard Support & Resistance
FROM DASHBOARD STRUCTURE MODEL
NO ACTIVE LEVEL TEST

No active support/resistance test is flagged. Current structure is between support at 1.36426 and resistance at 1.39288.

Support 1.36426 120.8 pips from current price
Resistance 1.39288 165.4 pips from current price
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Market Analysis & Outlook
UPDATED: Aug 21, 2026 12:11 PDT

Direct answer: USD / CAD is a Major forex pair where one USD is priced in CAD. The Forex Vitals dashboard currently reads Bearish with a continuation score of -4/15 and a server-side price snapshot of 1.37634.

Currency strength spread: USD is -8.2 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 58 pips against a 14-day ADR of 55 pips. Volatility is above its recent average.

Seasonality: Historically, August has been constructive for USD / CAD, with a 60% directional win rate and +0.37% average change.

How to Interpret USD/CAD

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: 58 pips today vs 55 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.

Macro Driver Checklist
  • 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.
About USD/CAD

US Dollar (USD)

Central Bank:
Nickname:
Greenback
Key Driver:
Fed policy, Treasury yields, CPI, PCE, jobs data, and risk appetite
Interest Rate:
3.1%
Strength:
-7.4

Canadian Dollar (CAD)

Central Bank:
Nickname:
Loonie
Key Driver:
BoC policy, crude oil, US demand, inflation, and jobs data
Interest Rate:
2.25%
Strength:
+0.9
Data Sources & Trust Notes
PAGE MODIFIED:
Dashboard pair row (score and S/R)
Live price cache
Volatility and ADR cache
Trend structure cache
Daily Fibonacci structure
Seasonality cache
Interest-rate cache
Correlation cache
Economic-calendar cache
News RSS cache
Editorial review Forex Vitals policy
Market data note: Exchange rates and derived analytics are sourced from third-party pricing data and processed by Forex Vitals. Rates are indicative, may be delayed or unavailable, and can differ from executable broker prices.
Quick Q&A
What is USD/CAD?
USD/CAD is the US Dollar versus the Canadian Dollar. The quote tells you how many CAD are needed to buy one USD.
What is the current Forex Vitals bias for USD/CAD?
The current Forex Vitals dashboard bias for USD/CAD is Bearish with a continuation score of -4/15. Treat it as market context, not a trade recommendation.
What is the daily volatility for USD/CAD?
Today's volatility range is 58 pips versus a 14-day ADR of 55 pips.
What are the key support and resistance levels for USD/CAD?
Dashboard resistance is at 1.39288 and dashboard support is at 1.36426. Current structure status: NO ACTIVE LEVEL TEST.
When is the best time to watch USD/CAD?
USD/CAD is most naturally watched during the New York session, with extra attention around overlapping global liquidity.
What should traders check before analyzing USD/CAD?
Check currency strength, multi-timeframe trend, ADR fill, major news, correlation risk, and position size before treating any USD/CAD setup as actionable.
Trend Matrix
H1
H4
D
W
M
ADR Projection Levels
Res 3
Res 2
Res 1
PIVOT1.37634
Sup 1
Sup 2
Sup 3
Projection levels calculated from current price and ADR. Dashboard support/resistance is shown above.
Daily Structure
Swing High1.41292
Swing Low1.40032
61.8% Retr.1.40513
Extension1.41635
Interest Rate Delta
USD (3.1%) CAD (2.25%)
Differential: 0.85%
Seasonality (AUG)
HISTORIC WIN RATE
60%
AVG RETURN
+0.37%
Top Correlations
GBP/NZD 0.73
EUR/NZD 0.71
AUD/NZD 0.66
USD/JPY 0.62
CHF/JPY 0.55