CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Dollar - Canadian Dollar Analysis

US Session Analysis for CFD Instruments 21/05/2021

Fundamental analysis

21 May, 2021

The USD/CAD pair was broadly unchanged on Friday. It is currently 1.2062. The Loonie has been under pressure due to lower oil prices. This afternoon Canadian Core Retail Sales is likely to have an impact upon the Canadian currency. In the US the main economic event is Existing Home Sales to be revealed later this afternoon.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 21/05/2021
Time Frame: 1 hour

USDCAD Support & Resistance Table - 21/05/2021

Support & Resistance Level Explanation
Resistance 2 1.2104 Daily R2
Resistance 1 1.2079 Daily R1
Support 1 1.2010 Daily S1
Support 2 1.1985 Daily S2

USDCAD Indicator Table - 21/05/2021

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

USDCAD Indicator / Period Table - 21/05/2021

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

USDCAD 21/05/2021 - Reference Price : 1.2041

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (2)
Share It With Your Network
US Dollar - Canadian Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now