Home USD/CAD Technical Analysis: Greenback bulls holding the market above 1.3200 figure ahead of Fed’s Powell speech
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USD/CAD Technical Analysis: Greenback bulls holding the market above 1.3200 figure ahead of Fed’s Powell speech

USD/CAD Daily chart

  • USD/CAD is trading in a bull trend above  the 200 SMA.
  • USD/CAD is consolidating the recent losses above 1.3200 and the 100 SMA.
  • Fed’s Powell speech today at 17.00 GMT can lead to high volatility.

USD/CAD 4-hour chart

  • USD/CAD is trading well below its main SMAs.

USD/CAD 30-minute chart

  • On lower time-frames USD bulls managed to regain the 50 SMA and are at work trying to break above the 100 SMA.  
  • As the main trend is bullish targets to the upside can be located near the 1.3300 and 1.3360 levels.  

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3241
       Today Daily change:  25  pips
       Today Daily change %:  0.189%
       Today Daily Open:  1.3216
Trends:
       Previous Daily SMA20:  1.3514
       Previous Daily SMA50:  1.335
       Previous Daily SMA100:  1.3183
       Previous Daily SMA200:  1.3082
Levels:
       Previous Daily High:  1.3284
       Previous Daily Low:  1.318
       Previous Weekly High:  1.3666
       Previous Weekly Low:  1.338
       Previous Monthly High:  1.4134
       Previous Monthly Low:  1.316
       Previous Daily Fibonacci 38.2%:  1.3219
       Previous Daily Fibonacci 61.8%:  1.3244
       Previous Daily Pivot Point S1:  1.3169
       Previous Daily Pivot Point S2:  1.3123
       Previous Daily Pivot Point S3:  1.3066
       Previous Daily Pivot Point R1:  1.3273
       Previous Daily Pivot Point R2:  1.333
       Previous Daily Pivot Point R3:  1.3376

 

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