USD/CAD Technical Analysis: Greenback stable near 1.3300 against CAD


  • USD/CAD is holding its ground despite broad-based USD weakness. 
  • The level to beat for buyers is the 1.3341/1.3354 resistance zone. 
 

USD/CAD daily chart

 
The loonie on the daily chart is hanging near the November highs while trading above the main daily simple moving averages (DMAs). The currency pair remains currently immune to the USD weakness. 
 

USD/CAD four-hour chart

 
USD/CAD is trading above the main SMAs, suggesting a bullish bias in the medium term. A break above 1.3341/1.3354 resistance zone is necessary for the market to appreciate towards 1.3437 in the medium term, according to the Technical Confluences Indicator. 
 

USD/CAD 30-minute chart

 
USD/CAD is trading above the main SMAs, suggesting a bullish momentum in the near term. Support is seen at the 1.3271 and 1.3230 price levels, according to the Technical Confluences Indicator. 
 

Additional key levels

USD/CAD

Overview
Today last price 1.3299
Today Daily Change 0.0017
Today Daily Change % 0.13
Today daily open 1.3282
 
Trends
Daily SMA20 1.3244
Daily SMA50 1.3219
Daily SMA100 1.322
Daily SMA200 1.3279
 
Levels
Previous Daily High 1.3316
Previous Daily Low 1.3272
Previous Weekly High 1.332
Previous Weekly Low 1.3234
Previous Monthly High 1.3328
Previous Monthly Low 1.3114
Daily Fibonacci 38.2% 1.3299
Daily Fibonacci 61.8% 1.3289
Daily Pivot Point S1 1.3265
Daily Pivot Point S2 1.3247
Daily Pivot Point S3 1.3221
Daily Pivot Point R1 1.3308
Daily Pivot Point R2 1.3333
Daily Pivot Point R3 1.3351

 

 

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