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. 70.41% 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 10/04/2024

Fundamental analysis

10 April, 2024

In Asian trading, the US Dollar was stable against the Canadian Dollar, trading around 1.3500 levels.

Canada will be reporting its interest rate decision. Today, it is expected that the United States will release CPI Inflation data.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 10/04/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 10/04/2024

Support & Resistance Level Explanation
Resistance 2 1.3618 Daily R2
Resistance 1 1.3596 Daily R1
Support 1 1.3538 Daily S1
Support 2 1.3516 Daily S2

USDCAD Indicator Table - 10/04/2024

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

USDCAD Indicator / Period Table - 10/04/2024

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

USDCAD 10/04/2024 - Reference Price : 1.3569

Sell
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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US Dollar - Canadian Dollar Chart
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