USD/CAD Technical Analysis: US Dollar comes back above 1.3300 figure against CAD


USD/CAD daily chart

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


USD/CAD 4-hour chart

  • USD/CAD is trading above its main SMAs suggesting bullish momentum in the medium-term.


USD/CAD 30-minute chart

  • USD/CAD is trading above its main SMAs suggesting bullish momentum in the short-term.
  • The break above 1.3370 can lead to 1.3440 resistance.
  • Supports are at 1.3370 and 1.3300 figure.

 

Additional key levels

USD/CAD

Overview
Today last price 1.3385
Today Daily Change 0.0080
Today Daily Change % 0.60
Today daily open 1.3305
 
Trends
Daily SMA20 1.3299
Daily SMA50 1.3266
Daily SMA100 1.3308
Daily SMA200 1.3192
 
Levels
Previous Daily High 1.3349
Previous Daily Low 1.3257
Previous Weekly High 1.344
Previous Weekly Low 1.3287
Previous Monthly High 1.3341
Previous Monthly Low 1.3069
Daily Fibonacci 38.2% 1.3292
Daily Fibonacci 61.8% 1.3314
Daily Pivot Point S1 1.3259
Daily Pivot Point S2 1.3213
Daily Pivot Point S3 1.3168
Daily Pivot Point R1 1.335
Daily Pivot Point R2 1.3395
Daily Pivot Point R3 1.3441

 

Share: Feed news

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended content

Editors’ Picks

AUD/USD failed just ahead of the 200-day SMA

AUD/USD failed just ahead of the 200-day SMA

Finally, AUD/USD managed to break above the 0.6500 barrier on Wednesday, extending the weekly recovery, although its advance faltered just ahead of the 0.6530 region, where the key 200-day SMA sits.

AUD/USD News

EUR/USD met some decent resistance above 1.0700

EUR/USD met some decent resistance above 1.0700

EUR/USD remained unable to gather extra upside traction and surpass the 1.0700 hurdle in a convincing fashion on Wednesday, instead giving away part of the weekly gains against the backdrop of a decent bounce in the Dollar.

EUR/USD News

Gold keeps consolidating ahead of US first-tier figures

Gold keeps consolidating ahead of US first-tier figures

Gold finds it difficult to stage a rebound midweek following Monday's sharp decline but manages to hold above $2,300. The benchmark 10-year US Treasury bond yield stays in the green above 4.6% after US data, not allowing the pair to turn north.

Gold News

Bitcoin price could be primed for correction as bearish activity grows near $66K area

Bitcoin price could be primed for correction as bearish activity grows near $66K area

Bitcoin (BTC) price managed to maintain a northbound trajectory after the April 20 halving, despite bold assertions by analysts that the event would be a “sell the news” situation. However, after four days of strength, the tables could be turning as a dark cloud now hovers above BTC price.

Read more

Bank of Japan's predicament: The BOJ is trapped

Bank of Japan's predicament: The BOJ is trapped

In this special edition of TradeGATEHub Live Trading, we're joined by guest speaker Tavi @TaviCosta, who shares his insights on the Bank of Japan's current predicament, stating, 'The BOJ is Trapped.' 

Read more

Forex MAJORS

Cryptocurrencies

Signatures