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. 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

EU Session Analysis for CFD Instruments 13/02/2024

Fundamental analysis

13 February, 2024

During Asian trading, the US Dollar edged upwards against the Canadian Dollar and is trading at 1.3457. There is no major data from Canada today. The United States will release crucial CPI Inflation data this afternoon that could have a major bearing on when the Fed will decide to cut interest rates.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 13/02/2024
Time Frame: 1 hour

USDCAD Support & Resistance Table - 13/02/2024

Support & Resistance Level Explanation
Resistance 2 1.3491 Daily R2
Resistance 1 1.3475 Daily R1
Support 1 1.3433 Daily S1
Support 2 1.3417 Daily S2

USDCAD Indicator Table - 13/02/2024

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

USDCAD Indicator / Period Table - 13/02/2024

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

USDCAD 13/02/2024 - Reference Price : 1.3452

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