Home USD/CAD Technical Analysis: Greenback ready for a correction to 1.3300 figure against Loonie
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USD/CAD Technical Analysis: Greenback ready for a correction to 1.3300 figure against Loonie

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 200-day simple moving average (SMA).
  • As forecast, USD/CAD regained the 1.3400 figure.

USD/CAD 4-hour chart

  • 1.3450 is the level to beat for bulls.  

USD/CAD 30-minute chart

  • The bull run has likely run its course for the time being as the market is likely set to correct to 1.3300 figure

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3416
       Today Daily change:  10  pips
       Today Daily change %:  0.0746%
       Today Daily Open:  1.3406
Trends:
       Previous Daily SMA20:  1.3264
       Previous Daily SMA50:  1.314
       Previous Daily SMA100:  1.3087
       Previous Daily SMA200:  1.3019
Levels:
       Previous Daily High:  1.3418
       Previous Daily Low:  1.3292
       Previous Weekly High:  1.3445
       Previous Weekly Low:  1.316
       Previous Monthly High:  1.336
       Previous Monthly Low:  1.3048
       Previous Daily Fibonacci 38.2%:  1.337
       Previous Daily Fibonacci 61.8%:  1.334
       Previous Daily Pivot Point S1:  1.3327
       Previous Daily Pivot Point S2:  1.3247
       Previous Daily Pivot Point S3:  1.3202
       Previous Daily Pivot Point R1:  1.3452
       Previous Daily Pivot Point R2:  1.3497
       Previous Daily Pivot Point R3:  1.3577

 

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