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 20/05/2025

Fundamental analysis

20 May, 2025

In Asian trading, the US Dollar was broadly unchanged against the Canadian Dollar, trading above 1.3900 levels.
The USD/CAD currency pair was stable in the Asian session with a somewhat softer US dollar being offset by a Loonie under mild pressure from declining oil prices this morning. In Canada, CPI Inflation data for April (13:30 GMT+1) will be released (0.5% exp). In the US, Fed Members Barkin and Bostic will speak (14:00 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 20/05/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 20/05/2025

Support & Resistance Level Explanation
Resistance 2 1.4001 Daily R2
Resistance 1 1.3980 Daily R1
Support 1 1.3925 Daily S1
Support 2 1.3905 Daily S2

USDCAD Indicator Table - 20/05/2025

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

USDCAD Indicator / Period Table - 20/05/2025

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

USDCAD 20/05/2025 - Reference Price : 1.3950

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