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 03/09/2025

Fundamental analysis

03 September, 2025

In Asian trading, the US Dollar climbed against the Canadian Dollar, trading above 1.3700 levels.
The USD/CAD pair was higher for the third day in a row with market expectations pricing in a likely interest rate cut from the Bank of Canada this month. In Canada, Labor Productivity for Q2 (-0.2% exp) will be posted (13:30 GMT+1). In the US, JOLTS Job Openings for July (7.390 mln exp) will be released (15:00 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 03/09/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 03/09/2025

Support & Resistance Level Explanation
Resistance 2 1.38320 Daily R2
Resistance 1 1.38156 Daily R1
Support 1 1.37716 Daily S1
Support 2 1.37552 Daily S2

USDCAD Indicator Table - 03/09/2025

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

USDCAD Indicator / Period Table - 03/09/2025

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

USDCAD 03/09/2025 - Reference Price : 1.37936

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