USD/CAD Technical Analysis: Greenback ready for a correction to 1.3300 figure against Loonie
|USD/CAD daily chart
- USD/CAD is trading in a bull trend above the 200-day simple moving average (SMA).
- As forecast, USD/CAD regained the 1.3400 figure.
USD/CAD 4-hour chart
- 1.3450 is the level to beat for bulls.
USD/CAD 30-minute chart
- The bull run has likely run its course for the time being as the market is likely set to correct to 1.3300 figure
Additional key levels
USD/CAD
Overview:
Today Last Price: 1.3416
Today Daily change: 10 pips
Today Daily change %: 0.0746%
Today Daily Open: 1.3406
Trends:
Previous Daily SMA20: 1.3264
Previous Daily SMA50: 1.314
Previous Daily SMA100: 1.3087
Previous Daily SMA200: 1.3019
Levels:
Previous Daily High: 1.3418
Previous Daily Low: 1.3292
Previous Weekly High: 1.3445
Previous Weekly Low: 1.316
Previous Monthly High: 1.336
Previous Monthly Low: 1.3048
Previous Daily Fibonacci 38.2%: 1.337
Previous Daily Fibonacci 61.8%: 1.334
Previous Daily Pivot Point S1: 1.3327
Previous Daily Pivot Point S2: 1.3247
Previous Daily Pivot Point S3: 1.3202
Previous Daily Pivot Point R1: 1.3452
Previous Daily Pivot Point R2: 1.3497
Previous Daily Pivot Point R3: 1.3577
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.