CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 05/08/2025

Fundamental analysis

05 August, 2025

In Asian trading, the US Dollar climbed against the Canadian Dollar, trading above 1.3700 levels.
The USD/CAD crept higher as the greenback rose against most of its rivals in the Asian session. In Canada, Trade Balance data for June (-62.60 bln exp) will be released (13:30 GMT+1). In the US, Services PMI data for July (55.2 exp) will be released (14:45 GMT+1) and ISM Non-Manufacturing PMI for July (51.5 exp) will be posted (15:00 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 05/08/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 05/08/2025

Support & Resistance Level Explanation
Resistance 2 1.38423 Daily R2
Resistance 1 1.38211 Daily R1
Support 1 1.37645 Daily S1
Support 2 1.37433 Daily S2

USDCAD Indicator Table - 05/08/2025

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

USDCAD Indicator / Period Table - 05/08/2025

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

USDCAD 05/08/2025 - Reference Price : 1.37928

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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US Dollar - Canadian Dollar Chart
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