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. 70.41% 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 08/07/2025

Fundamental analysis

08 July, 2025

In European trading, the US Dollar fell against the Canadian Dollar, trading below 1.3660 levels.
The USD/CAD currency pair traded down in the European session as the trade negotiations progress between the US and Canada is creating positive pressures on the Canadian dollar. In Canada, there are no data releases scheduled today. In the US, Consumer Inflation Expectations (3.2% last month) will be published (16:00 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 08/07/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 08/07/2025

Support & Resistance Level Explanation
Resistance 2 1.3711 Daily R2
Resistance 1 1.3683 Daily R1
Support 1 1.3611 Daily S1
Support 2 1.3583 Daily S2

USDCAD Indicator Table - 08/07/2025

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

USDCAD Indicator / Period Table - 08/07/2025

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

USDCAD 08/07/2025 - Reference Price : 1.3651

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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