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 22/04/2025

Fundamental analysis

22 April, 2025

In European trading, the US Dollar fell back against the Canadian Dollar, trading below 1.3900 levels.

The USD/CAD currency pair is declining as a dispute between the US President Donald Trump and FED Chair Jerome Powell is creating negative pressure on the US dollar. In Canada, RMPI for March (0.3 last month) will be released (13:30 GMT+1). In the US, Fed Member Harker will speak (14:30 GMT+1.)

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 22/04/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 22/04/2025

Support & Resistance Level Explanation
Resistance 2 1.3897 Daily R2
Resistance 1 1.3872 Daily R1
Support 1 1.3804 Daily S1
Support 2 1.3779 Daily S2

USDCAD Indicator Table - 22/04/2025

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

USDCAD Indicator / Period Table - 22/04/2025

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

USDCAD 22/04/2025 - Reference Price : 1.3834

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (1)
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US Dollar - Canadian Dollar Chart
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