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USD/CAD Technical Analysis: Mission Accomplished as Greenback bulls hit the 1.3300 figure

USD/CAD daily chart

USD/CAD 4-hour chart

  • USD/CAD is trading below its main SMAs.

USD/CAD 30-minute chart

  • USD/CAD is trading above its main 100 and 200 SMAs. 
  • USD/CAD might have entered a consolidation with support seen at the 1.3240 level. 
  • If bulls manage to break the 1.3300 resistance then traders should expect a run to 1.3360 target. 

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3264
    Today Daily change: -7.0 pips
    Today Daily change %: -0.0527%
    Today Daily Open: 1.3271
Trends:
    Previous Daily SMA20: 1.3503
    Previous Daily SMA50: 1.3356
    Previous Daily SMA100: 1.3187
    Previous Daily SMA200: 1.3086
Levels:
    Previous Daily High: 1.328
    Previous Daily Low: 1.3182
    Previous Weekly High: 1.339
    Previous Weekly Low: 1.318
    Previous Monthly High: 1.4134
    Previous Monthly Low: 1.316
    Previous Daily Fibonacci 38.2%: 1.3242
    Previous Daily Fibonacci 61.8%: 1.322
    Previous Daily Pivot Point S1: 1.3209
    Previous Daily Pivot Point S2: 1.3147
    Previous Daily Pivot Point S3: 1.3112
    Previous Daily Pivot Point R1: 1.3306
    Previous Daily Pivot Point R2: 1.3341
    Previous Daily Pivot Point R3: 1.3403

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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