CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Dollar - Canadian Dollar Analysis

US Session Analysis for CFD Instruments 22/04/2024

Fundamental analysis

22 April, 2024

In European trading, the US Dollar edged down against the Canadian Dollar, trading below 1.3800 levels.

Canada will not be reporting major economic data today. Today, The United States is not set to release any market moving data.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 22/04/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 22/04/2024

Support & Resistance Level Explanation
Resistance 2 1.3765 Daily R2
Resistance 1 1.3744 Daily R1
Support 1 1.3690 Daily S1
Support 2 1.3670 Daily S2

USDCAD Indicator Table - 22/04/2024

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

USDCAD Indicator / Period Table - 22/04/2024

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

USDCAD 22/04/2024 - Reference Price : 1.3721

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (0)Sell (2)
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US Dollar - Canadian Dollar Chart
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