CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 29/07/2025

Fundamental analysis

29 July, 2025

In European trading, the US Dollar rose against the Canadian Dollar, trading above 1.3700 levels.
The USD/CAD currency pair climbed to a 10 day high and prolonged its uptrend into a fourth day as slightly lower oil prices pressure the commodity linked Loonie. In Canada, there are no data releases today. In the US, CB Consumer Confidence for July (95.9 expected) and JOLTS Job Openings for June (7.490 mln exp) will be released (15:00 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 29/07/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 29/07/2025

Support & Resistance Level Explanation
Resistance 2 1.38005 Daily R2
Resistance 1 1.37790 Daily R1
Support 1 1.37218 Daily S1
Support 2 1.37004 Daily S2

USDCAD Indicator Table - 29/07/2025

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

USDCAD Indicator / Period Table - 29/07/2025

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

USDCAD 29/07/2025 - Reference Price : 1.37504

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