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 28/04/2025

Fundamental analysis

28 April, 2025

In Asian trading, the US Dollar edged lower against the Canadian Dollar, trading below 1.3900 levels.
The USD/CAD currency pair fell in the Asian session after the commodity linked Loonie was underpinned by rising oil prices. In Canada, the Canadian Federal Election will be held. Also in Canada Wholesale Sales for March (0.3% last month) will be released (13:30 GMT+1). In the US, no major data will be released today.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 28/04/2025
Time Frame: 1 hour

USDCAD Support & Resistance Table - 28/04/2025

Support & Resistance Level Explanation
Resistance 2 1.39133 Daily R2
Resistance 1 1.38925 Daily R1
Support 1 1.38367 Daily S1
Support 2 1.38159 Daily S2

USDCAD Indicator Table - 28/04/2025

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 - 28/04/2025

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

USDCAD 28/04/2025 - Reference Price : 1.38646

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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