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 05/02/2026

Fundamental analysis

05 February, 2026

In European trading, the US Dollar maintained its gains against the Canadian Dollar, trading above 1.3600 levels.
The USD/CAD currency pair maintained its morning gains in the European trading session as the greenback gained ground against most of its rivals after traders considered whether a slower pace of interest rate cuts by the Fed is possible. In Canada, BoC Governor Macklem will speak (17:25 GMT). In the US, Initial Jobless Claims (212k exp) will be released (13:30 GMT).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 05/02/2026
Time Frame: 1 hour

USDCAD Support & Resistance Table - 05/02/2026

Support & Resistance Level Explanation
Resistance 2 1.3758 Daily R2
Resistance 1 1.3733 Daily R1
Support 1 1.3663 Daily S1
Support 2 1.3638 Daily S2

USDCAD Indicator Table - 05/02/2026

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

USDCAD Indicator / Period Table - 05/02/2026

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

USDCAD 05/02/2026 - Reference Price : 1.3696

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