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 17/09/2024

Fundamental analysis

17 September, 2024

In Asian trading, the US Dollar edged higher against the Canadian Dollar, trading below 1.3600 levels.

In Canada, there are no major data releases today. In the United States, Retail Sales data will be posted this afternoon.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 17/09/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 17/09/2024

Support & Resistance Level Explanation
Resistance 2 1.36255 Daily R2
Resistance 1 1.36120 Daily R1
Support 1 1.35760 Daily S1
Support 2 1.35625 Daily S2

USDCAD Indicator Table - 17/09/2024

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

USDCAD Indicator / Period Table - 17/09/2024

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

USDCAD 17/09/2024 - Reference Price : 1.35940

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