CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. 70.41% 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 05/07/2021

Fundamental analysis

05 July, 2021

The USD/CAD pair inched higher and traded sideways on Monday. It is 1.23455 at lunchtime in Europe. Canada is not expected to post any significant economic data today. The United States is celebrating the Independence Day holiday so no economic data is expected. The United States’ economic calendar is empty today since it is a national holiday.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 05/07/2021
Time Frame: 1 hour

USDCAD Support & Resistance Table - 05/07/2021

Support & Resistance Level Explanation
Resistance 2 1.2404 Daily R2
Resistance 1 1.2378 Daily R1
Support 1 1.2311 Daily S1
Support 2 1.2286 Daily S2

USDCAD Indicator Table - 05/07/2021

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

USDCAD Indicator / Period Table - 05/07/2021

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

USDCAD 05/07/2021 - Reference Price : 1.2344

Sell
Simple Moving AverageBuy (1)Sell (2)
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