News

USD/CAD Technical Analysis: Bearish pressure below 1.3410 resistance

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above its main simple moving averages (SMAs).

USD/CAD 4-hour chart

  • USD/CAD is trading above its main SMAs suggesting a bullish momentum in the medium-term.

USD/CAD 30-minute chart

  • USD/CAD is trading below its main SMAs suggesting bearish momentum in the short-term.
  • The break below 1.3410 can lead to 1.3300 figure.
  • Resistance is at 1.3410 and 1.3460 level.

 

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3376
    Today Daily change: -18 pips
    Today Daily change %: -0.13%
    Today Daily Open: 1.3394
Trends:
    Daily SMA20: 1.3268
    Daily SMA50: 1.3278
    Daily SMA100: 1.3292
    Daily SMA200: 1.3179
Levels:
    Previous Daily High: 1.344
    Previous Daily Low: 1.3392
    Previous Weekly High: 1.3469
    Previous Weekly Low: 1.3275
    Previous Monthly High: 1.3341
    Previous Monthly Low: 1.3069
    Daily Fibonacci 38.2%: 1.3411
    Daily Fibonacci 61.8%: 1.3422
    Daily Pivot Point S1: 1.3377
    Daily Pivot Point S2: 1.3361
    Daily Pivot Point S3: 1.3329
    Daily Pivot Point R1: 1.3425
    Daily Pivot Point R2: 1.3457
    Daily Pivot Point R3: 1.3473

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.