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USD/CAD Technical Analysis: Greenback bulls climbing back up and nearing the 1.3300 figure against CAD

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 100 and 200-day simple moving averages (SMAs).

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 currently finding resistance near the 100 SMA below the 1.3300 figure. 
  • Bulls reclaimed the 50 SMA and will need to break 1.3300 figure in order to reach the 1.3330 and the 1.3360 levels to the upside. 
  • Supports are seen at the 1.3270 and the 1.3240 levels.

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3282
    Today Daily change: 56 pips
    Today Daily change %: 0.42%
    Today Daily Open: 1.3226
Trends:
    Daily SMA20: 1.3349
    Daily SMA50: 1.3379
    Daily SMA100: 1.3212
    Daily SMA200: 1.3119
Levels:
    Previous Daily High: 1.3364
    Previous Daily Low: 1.3224
    Previous Weekly High: 1.3378
    Previous Weekly Low: 1.3224
    Previous Monthly High: 1.4134
    Previous Monthly Low: 1.316
    Daily Fibonacci 38.2%: 1.3277
    Daily Fibonacci 61.8%: 1.331
    Daily Pivot Point S1: 1.3178
    Daily Pivot Point S2: 1.3131
    Daily Pivot Point S3: 1.3038
    Daily Pivot Point R1: 1.3318
    Daily Pivot Point R2: 1.3411
    Daily Pivot Point R3: 1.3458

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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