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. 70.91% 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 11/01/2022

Fundamental analysis

11 January, 2022

The USD/CAD pair climbed this morning to trade at 1.2655. The pair rallied higher on Monday. A stronger Greenback and weaker oil prices helped drive the Loonie lower. Canada’s economic calendar was empty. In the United States, Wholesales Inventories for November climbed 1.4%, Month-over-Month. Analysts had expected an increase of only 1.2%. The CB Employment Trends Index for December came in at 116.63.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 11/01/2022
Time Frame: 1 hour

USDCAD Support & Resistance Table - 11/01/2022

Support & Resistance Level Explanation
Resistance 2 1.2723 Daily R2
Resistance 1 1.2695 Daily R1
Support 1 1.2620 Daily S1
Support 2 1.2592 Daily S2

USDCAD Indicator Table - 11/01/2022

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

USDCAD Indicator / Period Table - 11/01/2022

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

USDCAD 11/01/2022 - Reference Price : 1.2663

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
Share It With Your Network
US Dollar - Canadian Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now