USDCAD Canadian Dollar weakens to one-week low as oil falls

CURRENCY INVESTORS Canadian Dollar Closed Higher on Monday July 17

Canadian Dollar | Data | Chart | Calendar | Forecast | News

CURRENCY INVESTORS Canadian Dollar Closed The USDCAD increased 0.0048 or 0.38% to 1.2688 on Monday July 17 from 1.2640 in the previous trading session. Historically, the Canadian Dollar reached an all time high of 1.61 in January of 2002 and a record low of 0.92 in November of 2007.

USD/CAD remains on the downside for the moment. Current decline is expected to target a test on 1.2460 low. On the upside, above 1.2770 minor resistance will turn bias neutral and bring consolidation before staging another decline.

In the bigger picture, price actions from 1.4689 medium term top are seen as a correction pattern. Fall from 1.3793 is seen as the third leg and should target 50% retracement of 0.9406 to 1.4869 at 1.2048. At this point, we’d look for strong support from there to contain downside and bring rebound. However, firm break there will target 100% projection of 1.4689 to 1.2460 from 1.3793 at 1.1564.

Canadian Dollar Closed

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Canadian Dollar

The USDCAD spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the CAD. While the USDCAD spot exchange rate is quoted and exchanged in the same day, the USDCAD forward rate is quoted today but for delivery and payment on a specific future date. This page provides – Canadian Dollar – actual values, historical data, forecast, chart, statistics, economic calendar and news. Canadian Dollar – actual data, historical chart and calendar of releases – was last updated on July of 2017.


Actual Previous Highest Lowest Dates Unit Frequency
1.27 1.26 1.61 0.92 1972 – 2017 Daily

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)

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