How pip value is calculated for USD/CAD
USD/CAD is quoted in CAD, so one pip on a standard lot is worth 0.0001 × 100,000 = 10 CAD. To turn that into US dollars, divide by the USD/CAD rate itself: at 1.3550 that is $7.38. The USD pip value therefore moves with the price: it falls when USD/CAD rises and rises when it falls.
Worked example
Holding 1 standard lot of USD/CAD: Assumes USD/CAD at 1.3550, an example rate.
0.0001 × 100,000 ÷ 1.3550 = $7.38
One pip is worth $7.38. A 30-pip move is worth $221.40 on one lot, $22.14 on a mini lot and $2.21 on a micro lot.
These are the calculator's default inputs above, so its result matches.