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 28/05/2025

Fundamental analysis

28 May, 2025

In Asian trading, the US Dollar increased against the Canadian Dollar, trading above 1.3800 levels.
The USD/CAD currency pair advanced for the third successive day during the Asian session as traders look towards this evening’s minutes from the last Fed meeting. In Canada, there are no data releases scheduled today. In the US, Fed Member Williams will speak (14:00 GMT+1) and Fed Meeting Minutes will be released (19:00 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 28/05/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 28/05/2025

Support & Resistance Level Explanation
Resistance 2 1.3898 Daily R2
Resistance 1 1.3870 Daily R1
Support 1 1.3797 Daily S1
Support 2 1.3770 Daily S2

USDCAD Indicator Table - 28/05/2025

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

USDCAD Indicator / Period Table - 28/05/2025

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

USDCAD 28/05/2025 - Reference Price : 1.3828

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