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USD/CAD Technical Analysis: Greenback sidelined below 1.3300 figure

USD/CAD daily chart

  • On the daily chart, USD/CAD is trading between the 50 and the 100-day simple moving averages (SMAs) suggesting a sideways market.

USD/CAD 4-hour chart

  • USD/CAD is trading above its main SMA suggesting a bullish bias in the medium-term.

USD/CAD 30-minute chart

  • USD/CAD is trading between the 50 and 200 SMAs suggesting a sideways market in the short-term.
  • Bears will likely try to reach 1.3270 to the downside.
  • Resistance is seen at 1.3300 and 1.3330 level.

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3292

    Today Daily change %: 0.01%
    Today Daily Open: 1.3291
Trends:
    Daily SMA20: 1.3243
    Daily SMA50: 1.3364
    Daily SMA100: 1.3242
    Daily SMA200: 1.3146
Levels:
    Previous Daily High: 1.3341
    Previous Daily Low: 1.3229
    Previous Weekly High: 1.333
    Previous Weekly Low: 1.3084
    Previous Monthly High: 1.3664
    Previous Monthly Low: 1.3118
    Daily Fibonacci 38.2%: 1.3298
    Daily Fibonacci 61.8%: 1.3272
    Daily Pivot Point S1: 1.3233
    Daily Pivot Point S2: 1.3175
    Daily Pivot Point S3: 1.3121
    Daily Pivot Point R1: 1.3345
    Daily Pivot Point R2: 1.3399
    Daily Pivot Point R3: 1.3456

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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