CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 70.88% 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 03/02/2026

Fundamental analysis

03 February, 2026

In Asian trading, the US Dollar fell against the Canadian Dollar, trading below 1.3700 levels.
The USD/CAD currency pair declined after the US dollar lost ground after an expected vote today, which would confirm a funding package by the US administration, might face delays, causing a potential extension to the partial government shutdown which began yesterday. In Canada, there are no major data releases scheduled today. In the US, JOLTS Job Openings for December (7.210 mln exp) will be released (15:00 GMT).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 03/02/2026
Time Frame: 1 hour

USDCAD Support & Resistance Table - 03/02/2026

Support & Resistance Level Explanation
Resistance 2 1.37389 Daily R2
Resistance 1 1.37040 Daily R1
Support 1 1.36108 Daily S1
Support 2 1.35759 Daily S2

USDCAD Indicator Table - 03/02/2026

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

USDCAD Indicator / Period Table - 03/02/2026

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

USDCAD 03/02/2026 - Reference Price : 1.36574

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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