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Canadian Dollar to US Dollar (CAD/USD) Forecast for 2023 – 2026. Sell or Buy?

Updated: June 7, 2023 3:20

Reverse forecast: USD to CAD

Canadian Dollar / Dollar price online today

How much will the CAD/USD currency pair cost in 2023, 2024, 2025, 2026 and 2027? What is the forecast for the CAD/USD currency pair? What is the target price of the Canadian Dollar / Dollar currency pair for 2023 - 2027?

Will the Canadian Dollar rise or fall against the Dollar?

We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.

The results of forecasts of the Canadian Dollar/Dollar currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2023, 2024, 2025, 2026 and 2027).

Forecasts are adjusted once a day taking into account the price change of the previous day.

Historical and forecast chart of the Canadian Dollar/Dollar currency pair

The chart below shows the historical quotes of the CAD/USD pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Canadian Dollar/Dollar rate can be found in the table below.

Long-term forecasts by years.

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Canadian Dollar / Dollar Daily Forecast for a Month

Date	Target	Pes.	Opt.	Vol., %
Jun 09	0.7515	0.7498	0.7542	0.59 %
Jun 10	0.7515	0.7479	0.7549	0.93 %
Jun 11	0.7555	0.7532	0.7600	0.91 %
Jun 12	0.7602	0.7563	0.7618	0.73 %
Jun 13	0.7623	0.7578	0.7639	0.80 %
Jun 14	0.7635	0.7589	0.7663	0.97 %
Jun 15	0.7644	0.7598	0.7680	1.08 %
Jun 16	0.7666	0.7622	0.7685	0.83 %
Jun 17	0.7686	0.7659	0.7707	0.63 %
Jun 18	0.7662	0.7621	0.7689	0.90 %
Jun 19	0.7684	0.7649	0.7711	0.81 %
Jun 20	0.7666	0.7631	0.7692	0.80 %
Jun 21	0.7620	0.7603	0.7635	0.42 %
Jun 22	0.7595	0.7549	0.7639	1.19 %
Jun 23	0.7549	0.7529	0.7588	0.79 %
Jun 24	0.7551	0.7537	0.7579	0.56 %
Jun 25	0.7494	0.7446	0.7524	1.04 %
Jun 26	0.7513	0.7498	0.7552	0.72 %
Jun 27	0.7526	0.7504	0.7572	0.91 %
Jun 28	0.7519	0.7476	0.7541	0.87 %
Jun 29	0.7489	0.7458	0.7505	0.63 %
Jun 30	0.7517	0.7478	0.7547	0.92 %
Jul 01	0.7491	0.7467	0.7527	0.80 %
Jul 02	0.7438	0.7393	0.7466	0.99 %
Jul 03	0.7385	0.7338	0.7432	1.28 %
Jul 04	0.7377	0.7338	0.7407	0.94 %
Jul 05	0.7391	0.7364	0.7435	0.96 %
Jul 06	0.7383	0.7358	0.7397	0.53 %
Jul 07	0.7422	0.7397	0.7458	0.82 %
Jul 08	0.7432	0.7407	0.7455	0.65 %

Target daily price CAD/USD

Target values of the CAD/USD currency pair as of 06-09-2023.

The weighted average target price of the Canadian Dollar/Dollar currency pair as of 06-09-2023: 0.7515. A positive trend is expected with a possible volatility of 0.583%.

Optimistic target level: 0.7542

Pessimistic target level: 0.7498

Target values of the CAD/USD currency pair as of 06-10-2023.

The weighted average target price of the Canadian Dollar/Dollar currency pair as of 06-10-2023: 0.7515. A negative trend is expected with a possible volatility of 0.924%.

Optimistic target level: 0.7549

Pessimistic target level: 0.7479

Target values of the CAD/USD currency pair as of 06-11-2023.

The weighted average target price of the Canadian Dollar/Dollar currency pair as of 06-11-2023: 0.7555. A positive trend is expected with a possible volatility of 0.901%.

Optimistic target level: 0.7600

Pessimistic target level: 0.7532

Target values of the CAD/USD currency pair as of 06-12-2023.

The weighted average target price of the Canadian Dollar/Dollar currency pair as of 06-12-2023: 0.7602. A positive trend is expected with a possible volatility of 0.724%.

Optimistic target level: 0.7618

Pessimistic target level: 0.7563

Target values of the CAD/USD currency pair as of 06-13-2023.

The weighted average target price of the Canadian Dollar/Dollar currency pair as of 06-13-2023: 0.7623. A positive trend is expected with a possible volatility of 0.795%.

Optimistic target level: 0.7639

Pessimistic target level: 0.7578

Canadian Dollar / Dollar (CAD / USD) Forecast 2023 Monthly

Month	Target	Pes.	Opt.	Vol., %
Jul	0.7360	0.7230	0.7613	5.04 %
Aug	0.7387	0.7199	0.7574	4.96 %
Sep	0.7400	0.7228	0.7633	5.32 %
Oct	0.7705	0.7562	0.7911	4.42 %
Nov	0.7839	0.7738	0.7914	2.22 %
Dec	0.7514	0.7362	0.7659	3.88 %

Full forecast for 2023

CAD/USD forecast for this year

Forecast of the CAD / USD pair for Jul 2023

A bearish trend is forecast this month with an optimal target level of 0.735996.

Forecast of the CAD / USD pair for Aug 2023

A bullish trend is forecast this month with an optimal target level of 0.738655.

Forecast of the CAD / USD pair for Sep 2023

A bullish trend is forecast this month with an optimal target level of 0.739987.

Forecast of the CAD / USD pair for Oct 2023

A bullish trend is forecast this month with an optimal target level of 0.770499.

Forecast of the CAD / USD pair for Nov 2023

A bullish trend is forecast this month with an optimal target level of 0.783904.

Forecast of the CAD / USD pair for Dec 2023

A bearish trend is forecast this month with an optimal target level of 0.751441.

Canadian Dollar / Dollar (CAD / USD) Forecast 2024 Monthly

Month	Target	Pes.	Opt.	Vol., %
Jan	0.7269	0.7069	0.7492	5.64 %
Feb	0.7272	0.7207	0.7389	2.45 %
Mar	0.7179	0.7074	0.7371	4.04 %
Apr	0.7398	0.7284	0.7513	3.06 %
May	0.7628	0.7402	0.7855	5.76 %
Jun	0.7902	0.7776	0.8182	4.96 %
Jul	0.8010	0.7925	0.8109	2.27 %
Aug	0.8139	0.7932	0.8250	3.86 %
Sep	0.8019	0.7751	0.8189	5.35 %
Oct	0.7697	0.7528	0.7849	4.09 %
Nov	0.7849	0.7704	0.8082	4.68 %
Dec	0.8000	0.7743	0.8192	5.49 %

Full forecast for 2024

Canadian Dollar / Dollar (CAD / USD) Forecast 2025 Monthly

Month	Target	Pes.	Opt.	Vol., %
Jan	0.7915	0.7778	0.8180	4.91 %
Feb	0.7936	0.7779	0.8097	3.93 %
Mar	0.8198	0.7990	0.8406	4.96 %
Apr	0.8310	0.8120	0.8510	4.57 %
May	0.8322	0.8075	0.8541	5.46 %
Jun	0.8490	0.8292	0.8598	3.56 %
Jul	0.8252	0.8106	0.8411	3.62 %
Aug	0.8160	0.7974	0.8352	4.53 %
Sep	0.8179	0.7946	0.8457	6.03 %
Oct	0.8052	0.7969	0.8353	4.59 %
Nov	0.8192	0.8061	0.8412	4.16 %
Dec	0.8327	0.8045	0.8570	6.13 %

Full forecast for 2025

Canadian Dollar / Dollar (CAD / USD) Forecast 2026 Monthly

Month	Target	Pes.	Opt.	Vol., %
Jan	0.8223	0.7948	0.8514	6.65 %
Feb	0.7972	0.7901	0.8243	4.15 %
Mar	0.7780	0.7532	0.7919	4.88 %
Apr	0.7598	0.7428	0.7827	5.10 %
May	0.7399	0.7277	0.7514	3.14 %
Jun	0.7409	0.7278	0.7490	2.83 %
Jul	0.7579	0.7512	0.7683	2.23 %
Aug	0.7532	0.7292	0.7656	4.75 %
Sep	0.7350	0.7141	0.7568	5.64 %
Oct	0.7471	0.7249	0.7735	6.29 %
Nov	0.7552	0.7455	0.7680	2.93 %
Dec	0.7429	0.7304	0.7593	3.80 %

Full forecast for 2026

Canadian Dollar / Dollar (CAD / USD) Forecast 2027 Monthly

Month	Target	Pes.	Opt.	Vol., %
Jan	0.7330	0.7075	0.7593	6.82 %
Feb	0.7403	0.7196	0.7651	5.95 %
Mar	0.7528	0.7299	0.7773	6.11 %
Apr	0.7491	0.7298	0.7646	4.56 %
May	0.7326	0.7191	0.7572	5.03 %
Jun	0.7093	0.6999	0.7345	4.71 %
Jul	0.7106	0.6892	0.7270	5.19 %
Aug	0.7253	0.7157	0.7513	4.75 %
Sep	0.7007	0.6781	0.7093	4.40 %
Oct	0.7310	0.7219	0.7410	2.58 %
Nov	0.7323	0.7190	0.7526	4.46 %
Dec	0.7346	0.7264	0.7471	2.76 %

Full forecast for 2027

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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.

<img class="img_30" style="margin: 0; " src="/images/currency/CAD.svg"> <img class="img_30" src="/images/currency/USD.svg"> Canadian Dollar to US Dollar (CAD/USD) Forecast for 2023 – 2026. Sell or Buy?