🇺🇸🇨🇦

USDCAD

As of 2026-07-21

+4Neutral

What smart money is doing

Comparing the latest COT report with the previous two. When large speculators keep adding shorts the bias is bearish; when they keep adding longs it is bullish. For a pair, the base and quote currencies pull the bias in opposite directions.

🇺🇸US Dollar (USD)

+13,269→+13,173→+15,614

Adding longs · bullish

🇨🇦Canadian Dollar (CAD)

−173,126→−176,279→−174,448

Adding shorts · bearish

🇺🇸

US Dollar (USD)

Net+15,614+2,441

Long33,270+1,629

Short17,656−812

🇨🇦

Canadian Dollar (CAD)

Net−174,448+1,831

Long27,007−2,705

Short201,455−4,536

Signal components

COT positioning trend (last 3 reports)weight 1.00

The bias tracks the trend in COT positioning over the last three reports. Further inputs (seasonality and others) will appear here as they are added, each contributing to the composite bias by weight.