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 20/08/2025

Fundamental analysis

20 August, 2025

In European trading, the US Dollar rose against the Canadian Dollar, trading above 1.3800 levels.
The USD/CAD currency pair advanced in the European Session as Canadian lower than expected inflation data increased the odds of further interest rate cuts by the Bank of Canada, creating negative pressure on the Canadian dollar. In Canada, New Housing Price Index (0.1% exp) will be released today (13:30 GMT+1). In the US, FED Governor Chrisopher Waller will speak (16:00 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 20/08/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 20/08/2025

Support & Resistance Level Explanation
Resistance 2 1.3910 Daily R2
Resistance 1 1.3894 Daily R1
Support 1 1.3854 Daily S1
Support 2 1.3838 Daily S2

USDCAD Indicator Table - 20/08/2025

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

USDCAD Indicator / Period Table - 20/08/2025

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy SellBuy
RSI (14) Neutral NeutralNeutral
SMA 20 Buy BuyBuy

USDCAD 20/08/2025 - Reference Price : 1.3875

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