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. 70.91% 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 15/07/2021

Fundamental analysis

15 July, 2021

The USD/CAD pair rolled up and down and is unchanged at lunchtime in Europe. It is now 1.25155. Canada will report its ADP Nonfarm Employment Change for the past month later today. The United States will report Initial Jobless Claims for the past week and the Philadelphia Fed Manufacturing Index for July later today.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 15/07/2021
Time Frame: 1 hour

USDCAD Support & Resistance Table - 15/07/2021

Support & Resistance Level Explanation
Resistance 2 1.2575 Daily R2
Resistance 1 1.2546 Daily R1
Support 1 1.2467 Daily S1
Support 2 1.2438 Daily S2

USDCAD Indicator Table - 15/07/2021

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 - 15/07/2021

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

USDCAD 15/07/2021 - Reference Price : 1.2522

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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