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 10/07/2024

Fundamental analysis

10 July, 2024

In European trading, the US Dollar edged down against the Canadian Dollar, trading below 1.3700 levels.

In Canada no significant economic data is expected today. In the United States, no significant data is expected.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 10/07/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 10/07/2024

Support & Resistance Level Explanation
Resistance 2 1.3658 Daily R2
Resistance 1 1.3647 Daily R1
Support 1 1.3616 Daily S1
Support 2 1.3604 Daily S2

USDCAD Indicator Table - 10/07/2024

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

USDCAD Indicator / Period Table - 10/07/2024

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

USDCAD 10/07/2024 - Reference Price : 1.3632

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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US Dollar - Canadian Dollar Chart
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