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 25/11/2024

Fundamental analysis

25 November, 2024

In European trading, the US Dollar rose against the Canadian Dollar, trading just below 1.4000 levels.

After jumping in this morning’s session, the currency pair is continuing to climb upward. In Canada delayed Manufacturing Sales data for October (-0.8% exp) will be released (13:30). In the United States, Chicago Fed National Activity for October (-0.28 exp) will be published (13:30 GMT).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 25/11/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 25/11/2024

Support & Resistance Level Explanation
Resistance 2 1.40313 Daily R2
Resistance 1 1.40094 Daily R1
Support 1 1.39512 Daily S1
Support 2 1.39293 Daily S2

USDCAD Indicator Table - 25/11/2024

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

USDCAD Indicator / Period Table - 25/11/2024

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

USDCAD 25/11/2024 - Reference Price : 1.39803

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