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 17/01/2022

Fundamental analysis

17 January, 2022

The USD/CAD pair inched lower this morning to trade at 1.2541. The pair rallied on Friday. Canada’s economic calendar was empty. In the United States, Retail Sales for December fell 1.9%, Month-over-Month. The consensus forecast was a drop of 0.1%. The Michigan Consumer Sentiment for January came in at 68.8. Analysts had expected 70.0.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 17/01/2022
Time Frame: 1 hour

USDCAD Support & Resistance Table - 17/01/2022

Support & Resistance Level Explanation
Resistance 2 1.2601 Daily R2
Resistance 1 1.2574 Daily R1
Support 1 1.2502 Daily S1
Support 2 1.2476 Daily S2

USDCAD Indicator Table - 17/01/2022

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

USDCAD Indicator / Period Table - 17/01/2022

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

USDCAD 17/01/2022 - Reference Price : 1.2539

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