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 30/11/2021

Fundamental analysis

30 November, 2021

The USD/CAD pair climbed higher on Tuesday, partly due to lower oil prices. It is 1.27732 at midday in Europe. Canada will report its 3rd Quarter GDP as well as its monthly GDP for September later today. The United States will report the Conference Board Consumer Confidence for November Index later today. U.S. Fed Chairman Powell and Treasury Secretary Yellen are scheduled to testify before the Senate Banking Committee today.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 30/11/2021
Time Frame: 1 hour

USDCAD Support & Resistance Table - 30/11/2021

Support & Resistance Level Explanation
Resistance 2 1.2823 Daily R2
Resistance 1 1.2800 Daily R1
Support 1 1.2737 Daily S1
Support 2 1.2713 Daily S2

USDCAD Indicator Table - 30/11/2021

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

USDCAD Indicator / Period Table - 30/11/2021

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

USDCAD 30/11/2021 - Reference Price : 1.2772

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