CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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. 76% 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 02/04/2024

Fundamental analysis

02 April, 2024

In European trading, the US Dollar was marginally lower against the Canadian Dollar, trading below 1.3600 levels.

Canada is not expected to release any major economic data today. Today, it is expected that the United States will unveil the JOLTs Job Opening data.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 02/04/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 02/04/2024

Support & Resistance Level Explanation
Resistance 2 1.3602 Daily R2
Resistance 1 1.3586 Daily R1
Support 1 1.3542 Daily S1
Support 2 1.3526 Daily S2

USDCAD Indicator Table - 02/04/2024

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

USDCAD Indicator / Period Table - 02/04/2024

Indicator / Period Day - SellWeek - BuyMonth - Buy
MACD( 12;26;9) Sell BuyBuy
RSI (14) Sell SellNeutral
SMA 20 Buy BuyBuy

USDCAD 02/04/2024 - Reference Price : 1.3562

Sell
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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US Dollar - Canadian Dollar Chart
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