CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 06/05/2022

Fundamental analysis

06 May, 2022

The Canadian dollar was stronger against the US dollar today. It is currently trading at 1.28256. Canada will report Employment Change for April later today. The Unemployment Rate for April and the Ivey PMI for April is also expected later today. The United States will report the Unemployment Rate for April later today. ADP Nonfarm Payrolls for April will also print later today.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 06/05/2022
Time Frame: 1 hour

USDCAD Support & Resistance Table - 06/05/2022

Support & Resistance Level Explanation
Resistance 2 1.29020 Daily R2
Resistance 1 1.28686 Daily R1
Support 1 1.27798 Daily S1
Support 2 1.27464 Daily S2

USDCAD Indicator Table - 06/05/2022

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

USDCAD Indicator / Period Table - 06/05/2022

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

USDCAD 06/05/2022 - Reference Price : 1.28242

Buy
Simple Moving AverageBuy (3)Sell (0)
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