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

EU Session Analysis for CFD Instruments 27/09/2022

Fundamental analysis

27 September, 2022

The US Canadian Dollar fell during the Asian Session. The pair traded at 1.3695 this morning. There are no major data releases In Canada there is no major economic data to be released. In the United States investors will be watching what Fed Chair Powell says at 12:30 while traders will also be taking note of US Core Durable Goods Orders and CB Consumer Confidence and New Homes Sales data for August later this afternoon.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 27/09/2022
Time Frame: 1 hour

USDCAD Support & Resistance Table - 27/09/2022

Support & Resistance Level Explanation
Resistance 2 1.3779 Daily R2
Resistance 1 1.3730 Daily R1
Support 1 1.3602 Daily S1
Support 2 1.3553 Daily S2

USDCAD Indicator Table - 27/09/2022

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

USDCAD Indicator / Period Table - 27/09/2022

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

USDCAD 27/09/2022 - Reference Price : 1.3642

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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