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 15/05/2025

Fundamental analysis

15 May, 2025

In Asian trading, the US Dollar inched lower against the Canadian Dollar, trading below 1.4000 levels.
The USD/CAD currency pair was barely changed in the Asian session with sliding oil prices undermining the commodity linked Loonie, despite a weakening Greenback. In Canada, Housing Starts for March (234k exp) will be released (13:30 GMT+1). In the US, MoM Retail Sales for April (0.0% exp), YoY PPI for April (2.5%), Initial Jobless Claims (229k exp) and Philadelphia Fed Manufacturing for May (-9.9 exp) will be posted (13:30 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 15/05/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 15/05/2025

Support & Resistance Level Explanation
Resistance 2 1.4041 Daily R2
Resistance 1 1.4015 Daily R1
Support 1 1.3945 Daily S1
Support 2 1.3920 Daily S2

USDCAD Indicator Table - 15/05/2025

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

USDCAD Indicator / Period Table - 15/05/2025

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

USDCAD 15/05/2025 - Reference Price : 1.3978

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