CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 31/10/2024

Fundamental analysis

31 October, 2024

In European trading, the US Dollar increased against the Canadian Dollar, trading above 1.3900 levels.

The USD/CAD pair moved slightly higher in the European session but remained some distance from yesterday’s three-month high. In Canada GDP data for August (0.1% exp) will be released (12:30). In the United States, Core PCE Price Index for September (0.3% exp) will be released (12:30 GMT) and Initial Jobless Claims figures (229k exp) will be revealed (12:30 GMT).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 31/10/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 31/10/2024

Support & Resistance Level Explanation
Resistance 2 1.39460 Daily R2
Resistance 1 1.39370 Daily R1
Support 1 1.39130 Daily S1
Support 2 1.39040 Daily S2

USDCAD Indicator Table - 31/10/2024

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 - 31/10/2024

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

USDCAD 31/10/2024 - Reference Price : 1.39217

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