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 04/02/2026

Fundamental analysis

04 February, 2026

In Asian trading, the US Dollar declined against the Canadian Dollar, trading below 1.3700 levels.
The USD/CAD currency pair drifted slightly lower in the Asian session despite another leg up for oil prices, which underpins the commodity linked Canadian currency. In Canada, Services PMI for January (46.50 last month) will be released (14:30 GMT). In the US, S&P Global Services for January (52.5 exp) and ISM Non Manufacturing PMI for January (53.5) will be released at 14:45 and 15:00 GMT respectively.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 04/02/2026
Time Frame: 1 hour

USDCAD Support & Resistance Table - 04/02/2026

Support & Resistance Level Explanation
Resistance 2 1.36957 Daily R2
Resistance 1 1.36684 Daily R1
Support 1 1.35954 Daily S1
Support 2 1.35681 Daily S2

USDCAD Indicator Table - 04/02/2026

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

USDCAD Indicator / Period Table - 04/02/2026

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

USDCAD 04/02/2026 - Reference Price : 1.36319

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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