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 15/12/2021

Fundamental analysis

15 December, 2021

The USD/CAD pair climbed slightly higher on Wednesday. It is 1.28765 at lunchtime in Europe. Canada will release its November CPI figures later today. The United States will post November Retail Sales this afternoon. The U.S. Federal Reserve will announce their latest interest rate decision and hold a press conference in the early European evening.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 15/12/2021
Time Frame: 1 hour

USDCAD Support & Resistance Table - 15/12/2021

Support & Resistance Level Explanation
Resistance 2 1.2928 Daily R2
Resistance 1 1.2906 Daily R1
Support 1 1.2846 Daily S1
Support 2 1.2823 Daily S2

USDCAD Indicator Table - 15/12/2021

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

USDCAD Indicator / Period Table - 15/12/2021

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

USDCAD 15/12/2021 - Reference Price : 1.2880

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