During European trading, the US dollar strengthened against the Canadian dollar. Today at 16:05, the US Treasury Secretary, Janet Yellen, will address the public, while at 20:00 the Federal Reserve will release minutes of the meeting, which may affect the US dollar. Today, the US dollar is being exchanged for 1.3555 Canadian dollars.
Dollar - Canadian Dollar Analysis
US Session Analysis for CFD Instruments 25/05/2023
Technical analysis
Time Frame: 1 hour
USDCAD Support & Resistance Table - 25/05/2023
Support & Resistance | Level | Explanation |
Resistance 2 | 1.3636 | Daily R2 |
Resistance 1 | 1.3617 | Daily R1 |
Support 1 | 1.3565 | Daily S1 |
Support 2 | 1.3546 | Daily S2 |
USDCAD Indicator Table - 25/05/2023
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 - 25/05/2023
Indicator / Period | Day - Buy | Week - Buy | Month - Buy |
MACD( 12;26;9) | Buy | Buy | Buy |
RSI (14) | Sell | Neutral | Buy |
SMA 20 | Buy | Buy | Buy |
USDCAD 25/05/2023 - Reference Price : 1.3590
Buy |
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