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 12/09/2024

Fundamental analysis

12 September, 2024

In European trading, the US Dollar traded declined against the Canadian Dollar, trading below 1.3600 levels.

In Canada, there are no major data releases today. In the United States, Initial Jobless Claims and Producer Price Index data will be posted this afternoon.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 12/09/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 12/09/2024

Support & Resistance Level Explanation
Resistance 2 1.36103 Daily R2
Resistance 1 1.35932 Daily R1
Support 1 1.35478 Daily S1
Support 2 1.35307 Daily S2

USDCAD Indicator Table - 12/09/2024

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

USDCAD Indicator / Period Table - 12/09/2024

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

USDCAD 12/09/2024 - Reference Price : 1.35705

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