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 17/04/2024

Fundamental analysis

17 April, 2024

In European trading, the US Dollar was lower against the Canadian Dollar, trading below 1.3900 levels.

Canada will not be reporting major economic data today. Today, in the United States, no major economic data is expected to be released.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 17/04/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 17/04/2024

Support & Resistance Level Explanation
Resistance 2 1.3870 Daily R2
Resistance 1 1.3843 Daily R1
Support 1 1.3770 Daily S1
Support 2 1.3742 Daily S2

USDCAD Indicator Table - 17/04/2024

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

USDCAD Indicator / Period Table - 17/04/2024

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

USDCAD 17/04/2024 - Reference Price : 1.3808

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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US Dollar - Canadian Dollar Chart
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