CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Dollar - Canadian Dollar Analysis

EU Session Analysis for CFD Instruments 25/04/2024

Fundamental analysis

25 April, 2024

In Asian trading, the US Dollar was incrementally lower against the Canadian Dollar, trading below 1.3700 levels.

Canada will not be reporting any major economic data today. Today, The United States is set to release Q1 2024 GDP data.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 25/04/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 25/04/2024

Support & Resistance Level Explanation
Resistance 2 1.3733 Daily R2
Resistance 1 1.3714 Daily R1
Support 1 1.3664 Daily S1
Support 2 1.3645 Daily S2

USDCAD Indicator Table - 25/04/2024

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

USDCAD Indicator / Period Table - 25/04/2024

Indicator / Period Day - SellWeek - BuyMonth - Buy
MACD( 12;26;9) Sell BuyBuy
RSI (14) Sell BuyBuy
SMA 20 Sell BuyBuy

USDCAD 25/04/2024 - Reference Price : 1.3690

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