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 19/08/2024

Fundamental analysis

19 August, 2024

In Asian trading, the US Dollar fell against the Canadian Dollar, trading below 1.3700 levels.

In Canada there will be no economic data posted today. In the United States Fed member Waller will speak this afternoon.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 19/08/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 19/08/2024

Support & Resistance Level Explanation
Resistance 2 1.36960 Daily R2
Resistance 1 1.36833 Daily R1
Support 1 1.36495 Daily S1
Support 2 1.36368 Daily S2

USDCAD Indicator Table - 19/08/2024

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 - 19/08/2024

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

USDCAD 19/08/2024 - Reference Price : 1.36664

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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US Dollar - Canadian Dollar Chart
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