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 18/10/2024

Fundamental analysis

18 October, 2024

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

The USD/CAD pair traded in a tight range near the resistance level of 1.3800 in Friday’s European session. In Canada no data will be posted today. In the United States, Building Permits data for September (1.45 mln exp) will be posted (13:30) and Fed Members Bostic and Kashkari will speak (14:30 and 15:00 respectively).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 18/10/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 18/10/2024

Support & Resistance Level Explanation
Resistance 2 1.3832 Daily R2
Resistance 1 1.3816 Daily R1
Support 1 1.3774 Daily S1
Support 2 1.3758 Daily S2

USDCAD Indicator Table - 18/10/2024

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

USDCAD Indicator / Period Table - 18/10/2024

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

USDCAD 18/10/2024 - Reference Price : 1.3795

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
Share It With Your Network
US Dollar - Canadian Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now