News

USD/CAD Technical Analysis: Greenback regains some poise against the Loonie as 1.3240 is the next short-term bull target

USD/CAD daily chart

  • USD/CAD is trading in a bull trend below the 200-day simple moving average (SMA).
  • USD/CAD took deep dive to the 1.3150 level.

USD/CAD 4-hour chart

  • USD/CAD found some support at the 200 SMA.
  • Technical indicators are in bearish territories.

USD/CAD 30-minute chart

  • On smaller time-frames, the 1.3160 support is holding. 
  • Bulls are targeting the 1.3240 level.

Additional key levels 

USD/CAD

Overview:
    Today Last Price: 1.3188
    Today Daily change: -99 pips
    Today Daily change %: -0.745%
    Today Daily Open: 1.3287
Trends:
    Previous Daily SMA20: 1.3215
    Previous Daily SMA50: 1.3095
    Previous Daily SMA100: 1.3079
    Previous Daily SMA200: 1.3001
Levels:
    Previous Daily High: 1.3334
    Previous Daily Low: 1.3272
    Previous Weekly High: 1.336
    Previous Weekly Low: 1.3187
    Previous Monthly High: 1.336
    Previous Monthly Low: 1.3048
    Previous Daily Fibonacci 38.2%: 1.331
    Previous Daily Fibonacci 61.8%: 1.3296
    Previous Daily Pivot Point S1: 1.3262
    Previous Daily Pivot Point S2: 1.3237
    Previous Daily Pivot Point S3: 1.3201
    Previous Daily Pivot Point R1: 1.3323
    Previous Daily Pivot Point R2: 1.3359
    Previous Daily Pivot Point R3: 1.3384

 

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.