CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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. 73.43% 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

US Session Analysis for CFD Instruments 13/03/2025

Fundamental analysis

13 March, 2025

In European trading, the US Dollar fell against the Canadian Dollar, trading below 1.4500 levels.

The USD/CAD currency pair has moved lower since yesterday following lower than expected US CPI inflation data which weakened the US dollar. In Canada, Building Permits data for January (5.3% exp) will be posted (12:30 GMT). In the US, Initial Jobless Claims (226k exp) and Year on Year PPI Inflation data for February (3.3% exp) will be released (12:30 GMT).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 13/03/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 13/03/2025

Support & Resistance Level Explanation
Resistance 2 1.4468 Daily R2
Resistance 1 1.4427 Daily R1
Support 1 1.4319 Daily S1
Support 2 1.4278 Daily S2

USDCAD Indicator Table - 13/03/2025

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

USDCAD Indicator / Period Table - 13/03/2025

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

USDCAD 13/03/2025 - Reference Price : 1.4382

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