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 18/04/2024

Fundamental analysis

18 April, 2024

In Asian trading, the US Dollar traded lower against the Canadian Dollar, trading below 1.3800 levels.

Canada will not be reporting major economic data today. Today, The United States is set to release Initial Jobless Claims data.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 18/04/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 18/04/2024

Support & Resistance Level Explanation
Resistance 2 1.3804 Daily R2
Resistance 1 1.3781 Daily R1
Support 1 1.3719 Daily S1
Support 2 1.3696 Daily S2

USDCAD Indicator Table - 18/04/2024

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

USDCAD Indicator / Period Table - 18/04/2024

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

USDCAD 18/04/2024 - Reference Price : 1.3753

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