CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 24/11/2022

Fundamental analysis

24 November, 2022

The US Canadian Dollar fell during the Asian Session. The pair is trading at 1.3392. Canada has no economic events scheduled to report. The United States printed Initial Jobless Claims at 240k. The consensus was 225k. New Home Sales Month-on-Month for October was reported at 632k vs 570k expected. Michigan Consumer Sentiment for November was reported at 56.8 vs 55.0 expected. Core Durable Goods Orders Month-on-Month for October printed 0.5% vs 0.1% expected.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 24/11/2022
Time Frame: 1 hour

USDCAD Support & Resistance Table - 24/11/2022

Support & Resistance Level Explanation
Resistance 2 1.3420 Daily R2
Resistance 1 1.3390 Daily R1
Support 1 1.3308 Daily S1
Support 2 1.3277 Daily S2

USDCAD Indicator Table - 24/11/2022

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

USDCAD Indicator / Period Table - 24/11/2022

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

USDCAD 24/11/2022 - Reference Price : 1.3346

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