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 as of February 27, 2026.

Definition

The U.S. Dollar (USD) is the world’s primary reserve currency, while the Canadian Dollar (CAD) is a major commodity-linked fiat currency. The exchange rate between them reflects not only the relative economic strength of both nations but also investor sentiment regarding commodity prices, particularly crude oil, which significantly influences Canadian economic performance.

Today’s Price

• 1 USD = 1.37 CAD
• 24h High: 1.3688 CAD
• 24h Low: 1.3665 CAD

Market Analysis

Recently, USD/CAD has been influenced by Canadian inflation data and oil price sensitivity, with the pair showing strength within an ascending channel structure.

• Technical levels: Key resistance at 1.3722–1.3733 CAD, with support at 1.3566 CAD
• Chart patterns: USD/CAD is trading within an ascending pitchfork formation; a close above 1.3733 would signal continuation of the uptrend
• Risk note: The pair is testing pivotal resistance levels; failure to break above 1.3733 could trigger a pullback toward 1.35
• Trading opportunities: Monitor reactions at the 1.37 critical pivot point; breakout above resistance could target 1.39, while a breakdown may see the pair retreat to 1.35

Conclusion

Continue to monitor USD/CAD closely, integrating technical pivot levels with oil market dynamics and macroeconomic data releases. Risk management is essential given the pair’s sensitivity to both economic events and commodity price fluctuations.