USD/CAD Technical Analysis: Greenback surges past 1.3160 level post-FOMC
|- USD/CAD is trading in a bull trend above its 200-period simple moving average (SMA) following the FOMC statement.
- USD/CAD jumped almost a 100 pips following the FOMC statement and broke to a new monthly high.
- USD/CAD is now less than 30 pips away from the 1.3200 level and there seems to be little in the way for the level to be reached.
USD/CAD-hour chart
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Main trend: Bullish
Resistance 1: 1.3200 figure
Resistance 2: 1.3300 figure
Resistance 3: 1.3400 figure
Support 1: 1.3161 October 26 high
Support 2: 1.3108, September 7 low
Support 3: 1.3083 September 27 swing high
Support 4: 1.3053 October 15 high
Support 5: 1.3000 figure
Support 6: 1.2950-59 multi-month key level and August 7 low
Additional key levels at a glance:
USD/CAD
Overview:
Last Price: 1.3182
Daily change: 69 pips
Daily change: 0.526%
Daily Open: 1.3113
Trends:
Daily SMA20: 1.3078
Daily SMA50: 1.3027
Daily SMA100: 1.3074
Daily SMA200: 1.2938
Levels:
Daily High: 1.316
Daily Low: 1.3056
Weekly High: 1.3172
Weekly Low: 1.3048
Monthly High: 1.3172
Monthly Low: 1.2783
Daily Fibonacci 38.2%: 1.3096
Daily Fibonacci 61.8%: 1.312
Daily Pivot Point S1: 1.306
Daily Pivot Point S2: 1.3006
Daily Pivot Point S3: 1.2956
Daily Pivot Point R1: 1.3163
Daily Pivot Point R2: 1.3213
Daily Pivot Point R3: 1.3266
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