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 16/07/2025

Fundamental analysis

16 July, 2025

In Asian trading, the US Dollar was flat against the Canadian Dollar, trading above 1.3700 levels.
The USD/CAD was flat, but remained close to its two week high after both US and Canadian inflation data showed that tariff pressures are making an impact. In Canada, Housing Starts figures for June (262.5k exp) will be posted (14:00 GMT+1). In the US, PPI Inflation data for June (0.3% exp) will be posted (13:30 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 16/07/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 16/07/2025

Support & Resistance Level Explanation
Resistance 2 1.37524 Daily R2
Resistance 1 1.37349 Daily R1
Support 1 1.36883 Daily S1
Support 2 1.36708 Daily S2

USDCAD Indicator Table - 16/07/2025

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

USDCAD Indicator / Period Table - 16/07/2025

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

USDCAD 16/07/2025 - Reference Price : 1.37116

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