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 25/08/2022

Fundamental analysis

25 August, 2022

The US Canadian Dollar fell slightly during the Asian Session. The pair is trading at 1.2944. Canada had no economic events scheduled to report. The United States reported Pending Home Sales Month-on-Month for July at -1.0%. The consensus was -4.0%. Core Durable Goods Orders Month-on-Month for July printed 0.3% vs 0.2% expected.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 25/08/2022
Time Frame: 1 hour

USDCAD Support & Resistance Table - 25/08/2022

Support & Resistance Level Explanation
Resistance 2 1.2998 Daily R2
Resistance 1 1.2972 Daily R1
Support 1 1.2903 Daily S1
Support 2 1.2877 Daily S2

USDCAD Indicator Table - 25/08/2022

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

USDCAD Indicator / Period Table - 25/08/2022

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

USDCAD 25/08/2022 - Reference Price : 1.2942

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