USD/CAD Technical Analysis: Sidelined below 1.3300 figure awaiting next breakout


USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 200-day simple moving average (SMA). 

USD/CAD 4-hour chart

  • USD/CAD is trading between the 100 and 200 SMAs suggesting sideways trading in the medium-term.

USD/CAD 30-minute chart

  • The 50 SMA crossed below the 100 SMA suggesting a slowdown in the current bullish momentum.
  • USD/CAD bulls need to overcome the 1.3300 figure in order to resume the bull trend. 
  • Bears need to break 1.3270 to reach 1.3240 and 1.3180 to the downside. As the 100 SMA is capping prices bears might be in control in the short-term

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3287
    Today Daily change: 22 pips
    Today Daily change %: 0.17%
    Today Daily Open: 1.3265
Trends:
    Daily SMA20: 1.3242
    Daily SMA50: 1.3367
    Daily SMA100: 1.3231
    Daily SMA200: 1.3138
Levels:
    Previous Daily High: 1.333
    Previous Daily Low: 1.3232
    Previous Weekly High: 1.333
    Previous Weekly Low: 1.3084
    Previous Monthly High: 1.3664
    Previous Monthly Low: 1.3118
    Daily Fibonacci 38.2%: 1.327
    Daily Fibonacci 61.8%: 1.3293
    Daily Pivot Point S1: 1.3221
    Daily Pivot Point S2: 1.3177
    Daily Pivot Point S3: 1.3123
    Daily Pivot Point R1: 1.332
    Daily Pivot Point R2: 1.3374
    Daily Pivot Point R3: 1.3418

 

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