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 25/04/2025

Fundamental analysis

25 April, 2025

In Asian trading, the US Dollar climbed against the Canadian Dollar, trading above 1.3800 levels.

The USD/CAD currency pair strengthened in the Asian session supported by optimism around potential US trade deals after reports suggested progress with South Korea and Japan. In Canada, Retail Sales for February (-0.4 exp) will be released (13:30 GMT+1). In the US, Michigan Consumer Sentiment for April (50.8 exp) and Michigan 1-Year Inflation Expectations for April (6.7% exp) will be posted (15:00 GMT+1).

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 25/04/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 25/04/2025

Support & Resistance Level Explanation
Resistance 2 1.39270 Daily R2
Resistance 1 1.39066 Daily R1
Support 1 1.38520 Daily S1
Support 2 1.38316 Daily S2

USDCAD Indicator Table - 25/04/2025

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

USDCAD Indicator / Period Table - 25/04/2025

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

USDCAD 25/04/2025 - Reference Price : 1.38793

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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US Dollar - Canadian Dollar Chart
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