CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Dollar - Canadian Dollar Analysis

US Session Analysis for CFD Instruments 06/01/2026

Fundamental analysis

06 January, 2026

In the European session, the US Dollar is easing against the Canadian Dollar, trading below the 1.3770 level.
The Canadian dollar is gaining ground, as the US dollar is weakening following lower than expected US manufacturing data and expected interest rate cuts by the FED in 2026. In Canada, Services PMI data for December (44.30 last month) will be released (14:30 GMT). In the US, S&P Global Services PMI data for December (52.9 exp) will be posted (14:45 GMT).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 06/01/2026
Time Frame: 1 hour

USDCAD Support & Resistance Table - 06/01/2026

Support & Resistance Level Explanation
Resistance 2 1.37954 Daily R2
Resistance 1 1.37839 Daily R1
Support 1 1.37533 Daily S1
Support 2 1.37418 Daily S2

USDCAD Indicator Table - 06/01/2026

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Buy
Stochastic ( 9;6;3) Buy

USDCAD Indicator / Period Table - 06/01/2026

Indicator / Period Day - BuyWeek - BuyMonth - Sell
MACD( 12;26;9) Buy SellBuy
RSI (14) Buy BuySell
SMA 20 Buy BuySell

USDCAD 06/01/2026 - Reference Price : 1.37686

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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US Dollar - Canadian Dollar Chart
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