USD/CAD Technical Analysis: Greenback rises to 6-month’s high post-Bank of Canada

Flavio Tosti Independent Analyst

USD/CAD daily chart

USD/CAD is trading in a bull trend above the 200-day simple moving average (SMA).
USD/CAD spiked up as the Bank of Canada keeps the policy rate unchanged at 1.75%.

USD/CAD 4-hour chart

Bulls broke above the 1.3300 figure as the next target is the 1.3400 level.

USD/CAD 30-minute chart

The level to beat for bulls is 1.3400 figure.

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3392
    Today Daily change: 1.4e+2 pips
    Today Daily change %: 1.04%
    Today Daily Open: 1.3254
Trends:
    Previous Daily SMA20: 1.3227
    Previous Daily SMA50: 1.3106
    Previous Daily SMA100: 1.308
    Previous Daily SMA200: 1.3006
Levels:
    Previous Daily High: 1.3258
    Previous Daily Low: 1.3164
    Previous Weekly High: 1.336
    Previous Weekly Low: 1.3187
    Previous Monthly High: 1.336
    Previous Monthly Low: 1.3048
    Previous Daily Fibonacci 38.2%: 1.3222
    Previous Daily Fibonacci 61.8%: 1.32
    Previous Daily Pivot Point S1: 1.3192
    Previous Daily Pivot Point S2: 1.313
    Previous Daily Pivot Point S3: 1.3097
    Previous Daily Pivot Point R1: 1.3287
    Previous Daily Pivot Point R2: 1.332
    Previous Daily Pivot Point R3: 1.3382

Author

Flavio Tosti

Independent Analyst

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