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 08/06/2023

Fundamental analysis

08 June, 2023

During Asian trading, the US dollar inched lower against the Canadian dollar and is trading at 1.3356. Canada has no economic events scheduled to report. The United States will report Initial Jobless Claims later today.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 08/06/2023
Time Frame: 1 hour

USDCAD Support & Resistance Table - 08/06/2023

Support & Resistance Level Explanation
Resistance 2 1.3413 Daily R2
Resistance 1 1.3389 Daily R1
Support 1 1.3324 Daily S1
Support 2 1.3300 Daily S2

USDCAD Indicator Table - 08/06/2023

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

USDCAD Indicator / Period Table - 08/06/2023

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

USDCAD 08/06/2023 - Reference Price : 1.3359

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