USD/CAD Technical Analysis: DXY bulls en route to the 1.3300 figure against CAD

Flavio Tosti Independent Analyst

USD/CAD daily chart

USD/CAD is trading in a bull trend above the 200 SMA.
USD/CAD is consolidating the recent losses above 1.3200 and the 100 SMA.
Earlier this Friday, the US CPI (Consumer Producer Index) matched analysts expectations at 2.2% for December y/y.

USD/CAD 4-hour chart

USD/CAD is trading below its main SMAs.

USD/CAD 30-minute chart

USD/CAD bulls are gaining ground as they reclaimed the main SMAs. They are now most likely en route to the 1.3300 figure and 1.3360 level if they gather enough steam.

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.327
    Today Daily change: 33 pips
    Today Daily change %: 0.249%
    Today Daily Open: 1.3237
Trends:
    Previous Daily SMA20: 1.3509
    Previous Daily SMA50: 1.3353
    Previous Daily SMA100: 1.3185
    Previous Daily SMA200: 1.3084
Levels:
    Previous Daily High: 1.326
    Previous Daily Low: 1.3202
    Previous Weekly High: 1.3666
    Previous Weekly Low: 1.338
    Previous Monthly High: 1.4134
    Previous Monthly Low: 1.316
    Previous Daily Fibonacci 38.2%: 1.3238
    Previous Daily Fibonacci 61.8%: 1.3224
    Previous Daily Pivot Point S1: 1.3205
    Previous Daily Pivot Point S2: 1.3174
    Previous Daily Pivot Point S3: 1.3146
    Previous Daily Pivot Point R1: 1.3264
    Previous Daily Pivot Point R2: 1.3292
    Previous Daily Pivot Point R3: 1.3323

Author

Flavio Tosti

Independent Analyst

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