USD/CAD Range
Open → High
Comprehensive analysis of how far USD/CAD trades above the daily open on bullish sessions. Based on 5,474 bullish days spanning 24 years.
Open–High Range Distribution
| Range (Pips) | Days | % of Total | Distribution | Rolling % |
|---|
Rolling % = cumulative probability of reaching at least that pip bucket on a bullish day.
Cumulative Distribution
Range Distribution Histogram
400–500 pip range dominates at 14.45% — prime upside momentum zone for USD/CAD.
Key Trading Insights
41% exceed 400 pips — oil rally!
Over 41% of bullish days extend 400+ pips from open, driven by crude oil correlation (WTI ~ -0.71).
14.45% — momentum zone
Highest density bucket (400-500 pips). Ideal for trailing stops or partial profit targets.
Trend-friendly
Over 92.6% of bullish days stay within 1500 pips. Strong trending environment without excessive tail risk.
4.13% over 1500 pips
Only 4.13% exceed 1500 pips — rare macro spikes, mostly linked to Fed/BoC divergence.
Trading Application
Ride crude rallies and US macro strength. USD/CAD bullish days offer steady upside.
600–1200 pips
Over 50% of bullish days hit this band. Align with crude breakouts.
500 & 900 pips
Partial profit at 500 pips (first high-density zone) and 900 pips before tail risk increases.
WTI + USD/CAD correlation
Enter on WTI breakouts; USD/CAD typically follows with 300–700 pip extensions.
Explore Our USD/CAD Datasets
Dive deeper into specific aspects of USD/CAD price action.
Bullish Day Open – Close Range Frequency
How far from the daily open price closes on bullish days — range percentile distributions.
Bullish Day Open – Low Range Frequency
Drawdown distribution from daily open to session low on bullish days — key for stop placement.
Consecutive Higher High Streaks
Frequency and success rate of consecutive daily higher highs forming across tracked history.
USD/CHF Bullish Open – High Range
Compare bullish open-high range distributions on USD/CHF — a highly correlated USD pair.
USD/JPY Bullish Open – High Range
Compare bullish open-high range distributions on USD/JPY — the direct EUR strength cross.
USD/CAD Data Hub
The full USD/CAD dataset library — streaks, ranges, calendars, and key statistics in one place.