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 11/11/2024

Fundamental analysis

11 November, 2024

In Asian trading, the US Dollar increased against the Canadian Dollar, trading above 1.3900 levels.

After the drop on Friday the pair recovered during Monday’s Asian trading reaching levels above 1.3900 levels. In Canada no new economic data will be published today. In the United States, no new economic data will be published today.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 11/11/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 11/11/2024

Support & Resistance Level Explanation
Resistance 2 1.39707 Daily R2
Resistance 1 1.39450 Daily R1
Support 1 1.38764 Daily S1
Support 2 1.38507 Daily S2

USDCAD Indicator Table - 11/11/2024

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

USDCAD Indicator / Period Table - 11/11/2024

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

USDCAD 11/11/2024 - Reference Price : 1.39107

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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US Dollar - Canadian Dollar Chart
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