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 23/09/2025

Fundamental analysis

23 September, 2025

In European trading, the US Dollar advanced against the Canadian Dollar, trading above 1.3800 levels.
The USD/CAD currency pair climbed to a ten day high in the European session before paring some gains but the commodity linked Loonie remained under pressure due to softer oil prices. In Canada, New Housing Price Index for August (0.0% exp) will be posted (13:30 GMT+1). In the US, Manufacturing PMI for September (51.8 exp) and Services PMI for September (53.8) will be released (14:45 GMT +1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 23/09/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 23/09/2025

Support & Resistance Level Explanation
Resistance 2 1.3862 Daily R2
Resistance 1 1.3846 Daily R1
Support 1 1.3806 Daily S1
Support 2 1.3790 Daily S2

USDCAD Indicator Table - 23/09/2025

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

USDCAD Indicator / Period Table - 23/09/2025

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

USDCAD 23/09/2025 - Reference Price : 1.3826

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