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. 70.91% 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 07/04/2025

Fundamental analysis

07 April, 2025

In Asian trading, the US Dollar inched lower against the Canadian Dollar, trading below 1.4300 levels.

The USD/CAD currency pair was slightly lower but the Loonie remains under pressure from the recent steep decline in oil prices, even if Canada managed to avoid additional announced tariffs on Friday. In Canada, the Bank of Canada Business Outlook Survey will be released (15:30 GMT+1). In the US, CB Employment Trend Index data for March (108.56 last month) will be posted (15:00 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 07/04/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 07/04/2025

Support & Resistance Level Explanation
Resistance 2 1.43274 Daily R2
Resistance 1 1.42787 Daily R1
Support 1 1.41485 Daily S1
Support 2 1.40998 Daily S2

USDCAD Indicator Table - 07/04/2025

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

USDCAD Indicator / Period Table - 07/04/2025

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

USDCAD 07/04/2025 - Reference Price : 1.42136

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (2)Sell (1)
Share It With Your Network
US Dollar - Canadian Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now