USDCAD

USDCAD STATISTICS & RESEARCH

USDCAD is a Forex pair correlated to the oil price, as the Canadian economy exports oil to the US. Historically, there is 0.75-0.80 positive correlation between CADUSD and oil prices. USDCAD is also correlated to CADJPY. Read more about the Crude Oil and USDCAD, CADJPY Correlation.

 

◘ USDCAD CHART

The following chart shows the average performance of USDCAD throughout the calendar year. The data includes January 2000 to August 2017.

Chart: USDCAD Average Monthly Returns

USDCAD Chart

Chart Source: ForexExperts (c)

 

(↑) BEST MONTHS FOR LONG USDCAD TRADES

The Best Months to go Long on USDCAD are:

→ January, +0.68% average returns {Times: 11and 7↓)

→ October, +0.61% average returns {Times: 10and 7↓)

 

(↓) BEST MONTHS FOR SHORT USDCAD TRADES

The Best Months to go Short on USDCAD are:

→ April, -1.16% average returns {Times: 5and 13↓)

 

 

USDCAD Statistics

◘ DETAILED USDCAD STATISTICS 2000-2017

USDCAD statistics covering the period starting January 2000 and ending September 2017.

SEMESTER RETURN TIMES (↑) TIMES (↓) VOLATILITY
A' SEMESTER -1.31% 9 9 0.73%
B' SEMESTER 1.20% 10 7 0.75%
MONTH RETURN TIMES (↑) TIMES (↓) VOLATILITY
JANUARY 0.68% 11 7 0.77%
FEBRUARY -0.02% 7 10 0.71%
MARCH -0.31% 8 10 0.71%
APRIL -1.16% 5 13 0.67%
MAY -0.23% 8 10 0.74%
JUNE -0.26% 6 12 0.76%
JULY 0.10% 10 8 0.70%
AUGUST 0.07% 7 11 0.72%
SEPTEMBER -0.29% 8 9 0.72%
OCTOBER 0.61% 10 7 0.84%
NOVEMBER 0.13% 9 8 0.80%
DECEMBER 0.13% 9 8 0.72%
QUARTER RETURN TIMES (↑) TIMES (↓) VOLATILITY
A' QUARTER 0.35% 11 7 0.73%
B' QUARTER -1.65% 6 12 0.72%
C' QUARTER -0.12% 10 8 0.71%
D' QUARTER 0.87% 9 8 0.79%
SEASON RETURN TIMES (↑) TIMES (↓) VOLATILITY
AUTUMN 0.45% 11 6 0.79%
WINTER 0.79% 9 9 0.74%
SPRING -1.69% 9 9 0.71%
SUMMER -0.09% 12 6 0.72%

Source: ForexExperts.net

 

◘ COMPARE USDCAD BROKERS

Comparison between regulated USDCAD Forex Brokers

USDCAD BROKER

ICMARKETS

XM

HOTFOREX

SPREAD (min)

  • 0.1 pip (EUR/USD)
  • 0.5 pip (GBP/USD)
  • 0.3 pip (USD/JPY)
  • 1.6 pip (EUR/USD)
  • 2.2 pip (GBP/USD)
  • 2.2 pip (USD/JPY)
  • 0.3 pip (EUR/USD)
  • 1.1 pip (GBP/USD)
  • 0.6 pip (USD/JPY)

COMMISSIONS

$7.0

/ full round lot

NO

$10.0

/ full round lot

LEVERAGE (max)

500:1

888:1

1,000:1

PLATFORMS

MT4, MT5, cTrader, cAlgo, PAMM, API

  • Free VPS under Policy
  • Trade servers NY4 (New York) and LD5 IBX Equinix Data Centres
MT4, MT5, WebTrader

MT4, MT5, WebTrader, PAMM, API

  • Free VPS under Policy

LIQUIDITY

  • 37 Banks

{Morgan Stanley, Deutsche Bank, JP Morgan, BNP Paribas, HSBC, UBS, and more}

  • Multiple Liquidity Providers
  • CurreneX

REGULATION

ASIC (#335692)

CySEC (#120/10), MiFID

CySEC (#183/12), MiFID

FUNDING

Min Deposit: 200 USD

Bank Wire, Credit Card, Skrill, Webmoney, and Neteller

(*) Withdraw via the same methods

Min Deposit: 10 USD

Bank Wire, Credit Card, Skrill, Webmoney, FasaPay, Neteller, and more

(*) Withdraw via the same methods

Min Deposit: 10 USD

Cards, Bank Wire, CashU, Neteller, Skrill, WebMoney, and more

(*) Withdraw via the same methods

INFORMATION

» ICMarkets Review

» ICMarkets Rating

» XM Review

» XM Rating

» HotForex Review

» HotForex Rating

 

ECN BROKER

» ICMarkets

STP BROKER

» Visit XM

STP BROKER

» Visit HotForex


MORE FOREX PAIRS

MAJOR: ► EURUSD | ► GBPUSD | ► USDJPY | ► USDCHF | ► USDCAD | ► AUDUSD | ► NZDUSD

CROSSES: ► EURGBP | ► EURJPY | ► EURCHF | ► EURAUD | ► EURNZD | ► EURCAD | ► GBPJPY

 

USDCAD Statistics, (Updated: September 2017)

Giorgos Protonotarios, Copyright © ForexExperts.net

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■ THE MAJOR PAIRS

 EURUSD |  GBPUSD |  USDJPY |  USDCHF

AUDUSD |  NZDUSD |  USDCAD

■ KEY FOREX CROSSES

EURGBP |  EURJPY |  EURCHF |  EURCAD

EURAUD |  EURNZD |  GBPJPY

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