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 29/08/2025

Fundamental analysis

29 August, 2025

In European trading, the US Dollar fell against the Canadian Dollar, trading below 1.3800 levels.
The USD/CAD currency pair retreated in the European Session ahead of important Canadian GDP data. In Canada, Q2 Current Account data (18.6 bln exp) will be posted (13:30 GMT+1). In Canada, Q2 YoY GDP data (2.31% exp) will be posted (13:30 GMT+1). In the US, Core PCE Price Index figures for July (2.9% exp) and Chicago PMI for August (46.6 exp) will be posted (14:45 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 29/08/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 29/08/2025

Support & Resistance Level Explanation
Resistance 2 1.3795 Daily R2
Resistance 1 1.3775 Daily R1
Support 1 1.3723 Daily S1
Support 2 1.3703 Daily S2

USDCAD Indicator Table - 29/08/2025

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

USDCAD Indicator / Period Table - 29/08/2025

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

USDCAD 29/08/2025 - Reference Price : 1.3754

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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US Dollar - Canadian Dollar Chart
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