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 26/11/2024

Fundamental analysis

26 November, 2024

In Asian trading, the US Dollar edged higher against the Canadian Dollar, trading above 1.4100 levels.

The currency pair rose to a four year high in the Asian session after reports suggested that the Trump administration will impose a 25% tariff on Canadian goods. In Canada Wholesale Sales data for October (0.9% exp) will be released (13:30). In the United States, New Homes Sales for October (724k expected) and CB Consumer Confidence for November (112.0 exp) will be published (15:00 GMT). Later this evening Fed Meeting Minutes will be published (19:00 GMT)

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 26/11/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 26/11/2024

Support & Resistance Level Explanation
Resistance 2 1.41668 Daily R2
Resistance 1 1.41393 Daily R1
Support 1 1.40659 Daily S1
Support 2 1.40384 Daily S2

USDCAD Indicator Table - 26/11/2024

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 - 26/11/2024

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

USDCAD 26/11/2024 - Reference Price : 1.41026

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
Share It With Your Network
US Dollar - Canadian Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now