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 19/05/2025

Fundamental analysis

19 May, 2025

In European trading, the US Dollar retreated against the Canadian Dollar, trading below 1.4000 levels.
The USD/CAD pair lost ground in the European session as investors were cautious towards the US dollar following Moody’s downgrade of US sovereign debt. In Canada, a holiday is celebrated today - Victoria Day. In the US, Fed Members Bostic and Williams will speak (13:30 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 19/05/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 19/05/2025

Support & Resistance Level Explanation
Resistance 2 1.4000 Daily R2
Resistance 1 1.3977 Daily R1
Support 1 1.3915 Daily S1
Support 2 1.3892 Daily S2

USDCAD Indicator Table - 19/05/2025

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

USDCAD Indicator / Period Table - 19/05/2025

Indicator / Period Day - SellWeek - SellMonth - Buy
MACD( 12;26;9) Buy SellBuy
RSI (14) Sell SellNeutral
SMA 20 Sell SellBuy

USDCAD 19/05/2025 - Reference Price : 1.3944

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