Today's CAD to USD Price Update

Summary

This report provides the real-time exchange rate between the Canadian Dollar (CAD) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Canadian Dollar (CAD) and U.S. Dollar (USD) represent two of North America’s major fiat currencies. The exchange rate between them reflects not only bilateral trade dynamics but also the relative economic health and monetary policy divergence between Canada and the United States. As a resource-based economy with oil as a leading export, Canada’s currency is particularly sensitive to commodity price fluctuations and U.S. consumption data.

Today’s Price

• 1 CAD = 0.73 USD
• 24h High: 0.7304 USD
• 24h Low: 0.72924 USD

Market Analysis

The CAD/USD pair has experienced recent volatility reflecting broader forex market dynamics and the sensitivity of the Canadian Dollar to commodity price movements.

• Technical levels: Key support identified around 1.3783–1.3820 CAD (USD/CAD inverse), with resistance levels requiring close monitoring
• Trend observation: Technical analysis indicates mixed short-term signals, with the bearish trend showing signs of consolidation while some bullish recovery attempts persist
• Risk note: Short-term volatility remains elevated; traders should monitor key support and resistance zones for potential reversals

Conclusion

Continue to monitor the CAD/USD pair closely, integrating technical support and resistance levels with broader macroeconomic factors affecting both currencies. Focus on key technical levels and market consolidation patterns to identify potential entry and exit points.