USD/CAD Technical Analysis: Greenback sidelined below 1.3200 figure

Flavio Tosti Independent Analyst

USD/CAD daily chart

On the daily time-frame, USD/CAD is trading between the 100 and the 200-day simple moving averages.

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 trading below the 1.3200 figure and the 100 and 200 SMAs.
USD/CAD is likely going to stay in a narrow range this Thursday. However, a break below 1.3160 support should lead to 1.3110 to the downside.
Resistance is seen at 1.3200 and 1.3240 level.

Additional key levels:

USD/CAD

Overview:
    Today Last Price: 1.3182
    Today Daily change: 5 pips
    Today Daily change %: 0.04%
    Today Daily Open: 1.3177
Trends:
    Daily SMA20: 1.3223
    Daily SMA50: 1.3352
    Daily SMA100: 1.3256
    Daily SMA200: 1.3154
Levels:
    Previous Daily High: 1.322
    Previous Daily Low: 1.315
    Previous Weekly High: 1.3341
    Previous Weekly Low: 1.3196
    Previous Monthly High: 1.3664
    Previous Monthly Low: 1.3118
    Daily Fibonacci 38.2%: 1.3177
    Daily Fibonacci 61.8%: 1.3194
    Daily Pivot Point S1: 1.3144
    Daily Pivot Point S2: 1.3112
    Daily Pivot Point S3: 1.3074
    Daily Pivot Point R1: 1.3215
    Daily Pivot Point R2: 1.3253
    Daily Pivot Point R3: 1.3285

Author

Flavio Tosti

Independent Analyst

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