News

USD/CAD Technical Analysis: Greenback sidelined below 1.3200 figure

USD/CAD daily chart

  • On the daily time-frame, USD/CAD is trading between the 100 and the 200-day simple moving averages.

USD/CAD 4-hour chart

  • USD/CAD is trading below its main SMAs suggesting bearish momentum in the medium-term.

USD/CAD 30-minute chart

  • USD/CAD is trading below the 1.3200 figure and the 100 and 200 SMAs.
  • USD/CAD is likely going to stay in a narrow range this Thursday. However, a break below 1.3160 support should lead to 1.3110 to the downside.
  • Resistance is seen at 1.3200 and 1.3240 level.

 

Additional key levels:

USD/CAD

Overview:
    Today Last Price: 1.3182
    Today Daily change: 5 pips
    Today Daily change %: 0.04%
    Today Daily Open: 1.3177
Trends:
    Daily SMA20: 1.3223
    Daily SMA50: 1.3352
    Daily SMA100: 1.3256
    Daily SMA200: 1.3154
Levels:
    Previous Daily High: 1.322
    Previous Daily Low: 1.315
    Previous Weekly High: 1.3341
    Previous Weekly Low: 1.3196
    Previous Monthly High: 1.3664
    Previous Monthly Low: 1.3118
    Daily Fibonacci 38.2%: 1.3177
    Daily Fibonacci 61.8%: 1.3194
    Daily Pivot Point S1: 1.3144
    Daily Pivot Point S2: 1.3112
    Daily Pivot Point S3: 1.3074
    Daily Pivot Point R1: 1.3215
    Daily Pivot Point R2: 1.3253
    Daily Pivot Point R3: 1.3285

 

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.