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 11/08/2023

Fundamental analysis

11 August, 2023

During Asian trading, the US dollar fell against the Canadian dollar and is trading at 1.3442. Canada has no economic events scheduled to report. The United States will report PPI Month-on-Month for July later today. Michigan Consumer Sentiment and Consumer Expectations for July are set to report later today.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 11/08/2023
Time Frame: 1 hour

USDCAD Support & Resistance Table - 11/08/2023

Support & Resistance Level Explanation
Resistance 2 1.3495 Daily R2
Resistance 1 1.3472 Daily R1
Support 1 1.3412 Daily S1
Support 2 1.3389 Daily S2

USDCAD Indicator Table - 11/08/2023

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

USDCAD Indicator / Period Table - 11/08/2023

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy SellBuy
RSI (14) Neutral NeutralNeutral
SMA 20 Buy BuyBuy

USDCAD 11/08/2023 - Reference Price : 1.3440

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