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. 67.52% 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 02/10/2025

Fundamental analysis

02 October, 2025

In European trading, the US Dollar remained stable against the Canadian Dollar, trading above 1.3900 levels.
The USD/CAD currency pair traded in a band in the European session as lower crude oil prices are exerting negative pressures on the loonie. In Canada, there are no data releases scheduled today. In the US, Initial Jobless Claims data (225k exp) is scheduled to be released (13:30 GMT+1). *
*US data may not be published / delayed because of a government shutdown.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 02/10/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 02/10/2025

Support & Resistance Level Explanation
Resistance 2 1.3968 Daily R2
Resistance 1 1.3955 Daily R1
Support 1 1.3921 Daily S1
Support 2 1.3908 Daily S2

USDCAD Indicator Table - 02/10/2025

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 - 02/10/2025

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

USDCAD 02/10/2025 - Reference Price : 1.3936

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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