What does USDCAD Mean?

USDCAD is a currency pair and the quotation of this currency pair USDCAD is the relative value of a unit of the first currency against the unit of another currency in the Forex market.

When is The Best Time to Trade USDCAD Currency?

The best time to trade USDCAD is from 1300 to 1700 GMT. This is the time when both London Market and New York Market are open and transactions from both markets means USDCAD spreads are normally tightest during this time because there is a lot of market liquidity for online Forex transactions.

USDCAD Forex exchange rate of USDCAD

What's the Best Time to Trade FX Currencies?

Most traders should trade currencies including USDCAD during the Europe and US Session Overlaps.

Best Times To Trade Currencies - What is the best time to trade USDCAD?

Hence to come up with the best hours using based on these two forex market sessions as illustrated below:

Market Hours and Overlaps - USDCAD Trading

The Best Times to Trade the Forex Markets - USDCAD Trading