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 07/10/2025

Fundamental analysis

07 October, 2025

In European trading, the US Dollar rose against the Canadian Dollar, trading above 1.3900 levels.
The USD/CAD currency pair rose in the European session, following slightly higher odds of an interest rate cut by the Bank of Canada at the end of the month. In Canada, Ivey PMI for September (51.2 exp) will be released (15:00 GMT+1). In the US Trade Balance data for August (-61.20 bln expected) will be posted (13:30 GMT+1).*
*Most US Government data will not be published (or will be delayed) because of a government shutdown. Non government US data will be released as normal.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 07/10/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 07/10/2025

Support & Resistance Level Explanation
Resistance 2 1.3984 Daily R2
Resistance 1 1.3972 Daily R1
Support 1 1.3940 Daily S1
Support 2 1.3928 Daily S2

USDCAD Indicator Table - 07/10/2025

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 - 07/10/2025

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

USDCAD 07/10/2025 - Reference Price : 1.3956

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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