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 26/05/2023

Fundamental analysis

26 May, 2023

During Asian trading, the US dollar strengthened against the Canadian dollar. Today at 14:30 in the USA, the personal consumption index (PCE) will be published, while at the same time data on durable goods orders will be published, which may be reflected in the exchange rate of this currency pair. During trading so far, the US dollar is being exchanged for 1.35611 Canadian dollars.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 26/05/2023
Time Frame: 1 hour

USDCAD Support & Resistance Table - 26/05/2023

Support & Resistance Level Explanation
Resistance 2 1.3678 Daily R2
Resistance 1 1.3658 Daily R1
Support 1 1.3604 Daily S1
Support 2 1.3584 Daily S2

USDCAD Indicator Table - 26/05/2023

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

USDCAD Indicator / Period Table - 26/05/2023

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

USDCAD 26/05/2023 - Reference Price : 1.3636

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