What is USD/CAD?

USD/CAD is the forex ticker that represents the US Dollar-Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chart, shows traders how many Canadian Dollars are required to buy one US Dollar. Follow the USD/CAD chart for live prices and stay up to date with the latest USD/CAD news, forecasts and analysis.

Is cadchf trading in a rectangular channel?

CADCHF RECTANGLE CHANNEL CADCHF is currently trading within a rectangular channel, marked by boundaries of support and resistance levels. The Upper Trend Line Breakout is at 0.68317, and the Lower Trend Line Breakout is at 0.64586.

Why is CAD considered a commodity currency?

The CAD is considered to be a commodity currency because of its exporting of natural resources which makes it sensitive to investors' outlooks on global economic growth. CADCHF LOGS Broke out of consolidation / break of downward trendline Tapped back into the demand zone to retest and grabbed the liquidity from the initial break.

Is cadchf in a bullish trend?

CAD CHF-Bullish Trend After bearish trend, CADCHF is in bullish trend. The pair is marking HH and HL.After bearish trend, CADCHF is in bullish trend. The pair is marking HH and HL. CADCHF - Triangle Pattern Possible breakout after non-directional ranging activity.