OANDA’s AUD/CAD chart offers real-time tracking of price movements for the AUD/CAD currency pair. You can adjust the time tracking periods to monitor the price over an hour, a day, a week, or a month. Tracking the AUD-to-CAD rate over these periods could help you spot potential trends. However, you should keep in mind that this isn’t a guarantee or prediction of future performance and shouldn’t be considered an AUD to CAD forecast for forex trading.

The AUD to CAD currency pair reflects the foreign exchange rate between the Australian dollar and the Canadian dollar. It’s sometimes informally referred to as the Aussie Loonie.

The AUD to CAD in forex is the currency pair that indicates the exchange rate of the Australian dollar to the Canadian dollar. The AUD is the base currency and the CAD is the quote currency.

The AUD/CAD pair is a minor, or cross, currency pair, that offers high liquidity, with moderately volatile characteristics.

Since the Sydney and New York sessions do not overlap, trading AUD/CAD requires targeting specific windows of high liquidity and fundamental impact:

• The Asian Session (7:00 PM – 2:00 AM EST): This is the peak for AUD liquidity. It is typically the best time to trade based on Australian economic data (RBA decisions, employment stats) and often establishes the pair's daily trend.
• The London-New York Overlap (8:00 AM – 12:00 PM EST): This is the most volatile window for the pair. While Sydney is closed, CAD volatility peaks due to North American data releases and heavy trading in Crude Oil and Gold, which strongly impact these "commodity currencies."

Spreads typically tighten and technical moves often stabilize during the late Asian session leading into the London open. This "sweet spot" offers sufficient liquidity with less of the initial Sydney session's erratic price swings.

The maximum leverage for the AUD/CAD currency pair at OANDA is 33.3:1. Learn more about different currency pair leverage ratios.

You can trade the AUD/CAD currency pair with a 33.3:1 leverage ratio. For example, if you have $100, leverage allows you to make a trade worth $3,330. Remember that your exposure increases with leverage, with both positive and negative price movements being amplified. To avoid significant losses, it is important to exercise caution when using leverage.

A range of factors can affect the AUD/CAD exchange rate. Here are the factors to keep in mind when doing fundamental analysis:

• Monetary policy: Policy changes or announcements by the Reserve Bank of Australia (RBA) and the Bank of Canada (BoC) can affect the exchange rate of this currency pair. For example, differences in interest rates will affect the AUD/CAD.
• Economic health: Updates regarding the economic performance of the Australian and Canadian economies, such as the release of GDP, inflation, and unemployment data, can affect the associated currency and the currency pair.
• Commodity prices: Australia and Canada’s economies are significantly affected by exports, with iron ore as Australia's primary export and crude petroleum as Canada's primary export. Shifts in the prices of these commodities, as well as other important exports, can impact the Australian and Canadian dollar.
• Global geopolitical events: Global events, such as the outbreak of armed conflict, natural disasters, pandemics, and supply chain issues, also play a role in the exchange rate of this currency pair.

Yes, despite being a minor currency pair, AUD/CAD offers high liquidity.

You can trade the AUD/CAD and 67 major and minor currency pairs with OANDA. Depending on your online trading requirements, you can choose between our standard or Elite Trader accounts. You can also select your preferred trading solution from a range of online trading platforms, including OANDA Mobile, OANDA Web, and MetaTrader 4. To start trading AUD/CAD with OANDA, simply create a trading account or a demo trading account.