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 29/08/2025

Fundamental analysis

29 August, 2025

In Asian trading, the US Dollar fell against the Canadian Dollar, trading below 1.3800 levels.
The USD/CAD pair declined and hit a more than two week low in the Asian session despite stronger than expected US GDP data posted yesterday. In Canada, Q2 YoY GDP data (2.31% exp) will be posted (13:30 GMT+1). In the US, Core PCE Price Index figures for July (2.9% exp) and Chicago PMI for August (46.6 exp) will be posted (14:45 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 29/08/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 29/08/2025

Support & Resistance Level Explanation
Resistance 2 1.37995 Daily R2
Resistance 1 1.37799 Daily R1
Support 1 1.37277 Daily S1
Support 2 1.37081 Daily S2

USDCAD Indicator Table - 29/08/2025

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

USDCAD Indicator / Period Table - 29/08/2025

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

USDCAD 29/08/2025 - Reference Price : 1.37538

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