USDCAD STATISTICS & RESEARCH
USD/CAD is a Forex pair correlated with oil prices, as the Canadian economy exports oil to the US. Historically, there is a 0.75–0.80 positive correlation between USD/CAD and oil prices. USD/CAD is also correlated with CAD/JPY. 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.
Chart: USDCAD Average Monthly Returns
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: 11↑ and 7↓)
→ October, +0.61% average returns {Times: 10↑ and 7↓)
(↓) BEST MONTHS FOR SHORT USDCAD TRADES
The Best Months to go Short on USDCAD are:
→ April, -1.16% average returns {Times: 5↑ and 13↓)
📊 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
Table: Comparison between regulated USDCAD Forex Brokers
|
USDCAD BROKER |
ROBOFOREX
|
ICMARKETS
|
TITAN FX
|
|
SPREAD |
|
|
|
|
COMMISSIONS |
$4.0
/ full round lot |
$7.0 / full round lot |
$7.0 / full round lot |
|
PLATFORMS |
MT4, MT5, RstocksTrader
|
MT4, MT5, cTrader, cAlgo
|
MT4, MT5, WebTrader
|
|
LIQUIDITY |
|
|
|
|
REGULATION |
|
|
|
|
FUNDING |
Min Deposit: 10 USD
|
Min Deposit: 200 USD
|
Min Deposit: 200 USD
|
|
INFORMATION |
» TitanFx Rating | ||
|
STP BROKER |
ECN BROKER |
ECN BROKER |
◘ USDCAD Statistics
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