Today's USD to CAD Price Update

Summary

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

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Canadian Dollar (CAD) is a major commodity-linked currency. The exchange rate between them reflects not only market sentiment toward the Canadian economy but also the relative strength of the U.S. Dollar and commodity price fluctuations, particularly oil prices given Canada’s status as a major oil producer.

Today’s Price

• 1 USD = 1.39 CAD
• 24h High: 1.387 CAD
• 24h Low: 1.3855 CAD

Market Analysis

Recently, USD/CAD has been influenced by Federal Reserve and Bank of Canada policy dynamics, as well as commodity price fluctuations, particularly oil. The pair is currently trading near critical technical levels with mixed momentum.

• Technical levels: Key support at 1.38134, resistance zone at 1.394–1.389 CAD. Sustained trading above the 55-day EMA (currently at 1.3859) could pave the way to the 1.4139 resistance level
• Risk note: Volatility may persist as market participants reassess Fed-BoC policy divergence. A break below 1.3789 minor support could trigger further downside pressure
• Trading opportunities: Monitor the 1.389–1.394 CAD resistance zone for potential breakout trades. Watch for support confirmation near 1.3850 level for potential buy entries

Conclusion

Continue to monitor USD/CAD closely through January 2026, integrating technical support and resistance levels with macroeconomic policy expectations. For traders, focus on the interaction between key technical zones and commodity-driven sentiment shifts to identify optimal entry and exit points.