CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Dollar - Canadian Dollar Analysis

US Session Analysis for CFD Instruments 24/04/2024

Fundamental analysis

24 April, 2024

In European trading, the US Dollar was higher against the Canadian Dollar, trading above 1.3600 levels.

Canada will be reporting Retail Sales data today. Today, The United States is set to release Durable Goods Orders data.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 24/04/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 24/04/2024

Support & Resistance Level Explanation
Resistance 2 1.3730 Daily R2
Resistance 1 1.3711 Daily R1
Support 1 1.3660 Daily S1
Support 2 1.3641 Daily S2

USDCAD Indicator Table - 24/04/2024

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

USDCAD Indicator / Period Table - 24/04/2024

Indicator / Period Day - SellWeek - BuyMonth - Buy
MACD( 12;26;9) Sell BuyBuy
RSI (14) Buy BuyBuy
SMA 20 Sell BuyBuy

USDCAD 24/04/2024 - Reference Price : 1.3684

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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US Dollar - Canadian Dollar Chart
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