- USD/CAD is trading in a bull trend above its 200-period simple moving average (SMA) on the 4-hour chart.
- USD/CAD bulls are trying to retake the 1.3100 figure. The move up might be limited as the SMAs are flattening and the technical indicators are decelerating.
- Targets to the downside are likely located near 1.3053 (October 15 high) and 1.3000 figure.
USD/CAD 4-hour chart
Main trend: Bullish
Short-term trend: Bearish
Resistance 1: 1.3108, September 7 low
Resistance 2: 1.3161 October 26 high
Resistance 3: 1.3200 figure
Resistance 4: 1.3300 figure
Support 1: 1.3083 September 27 swing high
Support 2: 1.3053 October 15 high
Support 3: 1.3000 figure
Support 4: 1.2950-59 multi-month key level and August 7 low
Additional key levels at a glance:
USD/CAD
Overview:
Last Price: 1.3112
Daily change: 26 pips
Daily change: 0.199%
Daily Open: 1.3086
Trends:
Daily SMA20: 1.3051
Daily SMA50: 1.3018
Daily SMA100: 1.3077
Daily SMA200: 1.2923
Levels:
Daily High: 1.317
Daily Low: 1.3068
Weekly High: 1.316
Weekly Low: 1.2968
Monthly High: 1.3172
Monthly Low: 1.2783
Daily Fibonacci 38.2%: 1.3107
Daily Fibonacci 61.8%: 1.3132
Daily Pivot Point S1: 1.3046
Daily Pivot Point S2: 1.3006
Daily Pivot Point S3: 1.2944
Daily Pivot Point R1: 1.3148
Daily Pivot Point R2: 1.321
Daily Pivot Point R3: 1.325