USD/CAD Technical Analysis: Bearish pressure below 1.3410 resistance

Flavio Tosti Independent Analyst

USD/CAD daily chart

USD/CAD is trading in a bull trend above its main simple moving averages (SMAs).

USD/CAD 4-hour chart

USD/CAD is trading above its main SMAs suggesting a bullish momentum in the medium-term.

USD/CAD 30-minute chart

USD/CAD is trading below its main SMAs suggesting bearish momentum in the short-term.
The break below 1.3410 can lead to 1.3300 figure.
Resistance is at 1.3410 and 1.3460 level.

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3376
    Today Daily change: -18 pips
    Today Daily change %: -0.13%
    Today Daily Open: 1.3394
Trends:
    Daily SMA20: 1.3268
    Daily SMA50: 1.3278
    Daily SMA100: 1.3292
    Daily SMA200: 1.3179
Levels:
    Previous Daily High: 1.344
    Previous Daily Low: 1.3392
    Previous Weekly High: 1.3469
    Previous Weekly Low: 1.3275
    Previous Monthly High: 1.3341
    Previous Monthly Low: 1.3069
    Daily Fibonacci 38.2%: 1.3411
    Daily Fibonacci 61.8%: 1.3422
    Daily Pivot Point S1: 1.3377
    Daily Pivot Point S2: 1.3361
    Daily Pivot Point S3: 1.3329
    Daily Pivot Point R1: 1.3425
    Daily Pivot Point R2: 1.3457
    Daily Pivot Point R3: 1.3473

Author

Flavio Tosti

Independent Analyst

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