USD/CAD Technical Analysis: Greenback bears eyeing 1.3200 figure against CAD
|USD/CAD daily chart
- On the daily time-frame, USD/CAD is trading between the 50 and the 100-day simple moving averages (SMAs) suggesting a sideways market.
- This Monday, US President’s Day, might offer limited moves in the financial markets.
USD/CAD 4-hour chart
- USD/CAD is trading between the 100 and 200 SMAs suggesting bearish momentum in the medium-term.
USD/CAD 30-minute chart
- USD/CAD is trading below its main SMAs suggesting a bear market in the short-term.
- Bears will likely try to reach 1.3200 figure to the downside.
- Resistance is seen at 1.3240 and 1.3270 level.
Additional key levels
USD/CAD
Overview:
Today Last Price: 1.3235
Today Daily change: -12 pips
Today Daily change %: -0.09%
Today Daily Open: 1.3247
Trends:
Daily SMA20: 1.3241
Daily SMA50: 1.3363
Daily SMA100: 1.3245
Daily SMA200: 1.3148
Levels:
Previous Daily High: 1.3314
Previous Daily Low: 1.3245
Previous Weekly High: 1.3341
Previous Weekly Low: 1.3196
Previous Monthly High: 1.3664
Previous Monthly Low: 1.3118
Daily Fibonacci 38.2%: 1.3272
Daily Fibonacci 61.8%: 1.3288
Daily Pivot Point S1: 1.3223
Daily Pivot Point S2: 1.32
Daily Pivot Point S3: 1.3154
Daily Pivot Point R1: 1.3292
Daily Pivot Point R2: 1.3338
Daily Pivot Point R3: 1.3362
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