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 16/04/2024

Fundamental analysis

16 April, 2024

In European trading, the US Dollar edged slightly higher against the Canadian Dollar, trading above 1.3700 levels.

Canada will be reporting its CPI inflation data today. Today, in the United States, Federal Reserve Chairman Jerome Powell will deliver a speech.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 16/04/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 16/04/2024

Support & Resistance Level Explanation
Resistance 2 1.3859 Daily R2
Resistance 1 1.3832 Daily R1
Support 1 1.3763 Daily S1
Support 2 1.3736 Daily S2

USDCAD Indicator Table - 16/04/2024

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

USDCAD Indicator / Period Table - 16/04/2024

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

USDCAD 16/04/2024 - Reference Price : 1.3798

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
Share It With Your Network
US Dollar - Canadian Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now