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 20/08/2024

Fundamental analysis

20 August, 2024

In European trading, the US Dollar fell against the Canadian Dollar, trading above 1.3600 levels.

In Canada there will be no economic data posted today. In the United States Fed member Bostic will speak this afternoon.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 20/08/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 20/08/2024

Support & Resistance Level Explanation
Resistance 2 1.3647 Daily R2
Resistance 1 1.3633 Daily R1
Support 1 1.3595 Daily S1
Support 2 1.3581 Daily S2

USDCAD Indicator Table - 20/08/2024

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

USDCAD Indicator / Period Table - 20/08/2024

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

USDCAD 20/08/2024 - Reference Price : 1.3612

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