CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 70.88% 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 02/02/2026

Fundamental analysis

02 February, 2026

In European trading, the US Dollar increased against the Canadian Dollar, trading above 1.3600 levels.
The USD/CAD advanced in the European session as the US dollar recovered from more than a year low in the pair. In Canada, Global Manufacturing data for January (48.6 last month) will be released (14:30 GMT). In the US, Global Manufacturing PMI data for January (51.9 exp) will be posted (14:45 GMT) and ISM Manufacturing PMI for January (47.9 exp) will be released (15:00 GMT).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 02/02/2026
Time Frame: 1 hour

USDCAD Support & Resistance Table - 02/02/2026

Support & Resistance Level Explanation
Resistance 2 1.3715 Daily R2
Resistance 1 1.3682 Daily R1
Support 1 1.3596 Daily S1
Support 2 1.3563 Daily S2

USDCAD Indicator Table - 02/02/2026

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

USDCAD Indicator / Period Table - 02/02/2026

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

USDCAD 02/02/2026 - Reference Price : 1.3638

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