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 30/05/2025

Fundamental analysis

30 May, 2025

In European trading, the US Dollar retreated against the Canadian Dollar, trading below 1.3900 levels.
The USD/CAD pair lost ground in the European session, as the US dollar lost in value following large and unpredictable trade policy uncertainties, which caused investors to sour on the US dollar. In Canada, Q1 Annualised GDP data (1.7% exp) will be released (13:30 GMT+1). In the US, YoY Core PCE Price Index data for April (2.5% expected) will be posted (13:30 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 30/05/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 30/05/2025

Support & Resistance Level Explanation
Resistance 2 1.3878 Daily R2
Resistance 1 1.3851 Daily R1
Support 1 1.3779 Daily S1
Support 2 1.3752 Daily S2

USDCAD Indicator Table - 30/05/2025

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

USDCAD Indicator / Period Table - 30/05/2025

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

USDCAD 30/05/2025 - Reference Price : 1.3817

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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US Dollar - Canadian Dollar Chart
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