CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. 70.41% 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

EU Session Analysis for CFD Instruments 30/06/2021

Fundamental analysis

30 June, 2021

The USD/CAD pair edged lower this morning to trade at 1.2385 The pair rose on Tuesday. Canada’s economic calendar was empty. In the United States, home prices increased the most since April 2005. The Case-Shiller HPI-20 came in at 14.9%, year-over-Year. The CB Consumer Confidence for June was reported to ne 127.3. The consensus forecast was 119.0.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 30/06/2021
Time Frame: 1 hour

USDCAD Support & Resistance Table - 30/06/2021

Support & Resistance Level Explanation
Resistance 2 1.2432 Daily R2
Resistance 1 1.2413 Daily R1
Support 1 1.2362 Daily S1
Support 2 1.2342 Daily S2

USDCAD Indicator Table - 30/06/2021

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

USDCAD Indicator / Period Table - 30/06/2021

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

USDCAD 30/06/2021 - Reference Price : 1.2389

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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