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 05/01/2022

Fundamental analysis

05 January, 2022

The USD/CAD pair meandered sideways in a tight range on Wednesday. It is 1.27219 at midday in Europe. Canada will report Building Permits and Housing Prices for Novemberlater today. The United States will release the ADP Nonfarm Payroll Change for December this afternoon.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 05/01/2022
Time Frame: 1 hour

USDCAD Support & Resistance Table - 05/01/2022

Support & Resistance Level Explanation
Resistance 2 1.2792 Daily R2
Resistance 1 1.2763 Daily R1
Support 1 1.2683 Daily S1
Support 2 1.2654 Daily S2

USDCAD Indicator Table - 05/01/2022

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

USDCAD Indicator / Period Table - 05/01/2022

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

USDCAD 05/01/2022 - Reference Price : 1.2724

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