Home USD/CAD Technical Analysis: Greenback collapsing more than 100 pips against CAD
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USD/CAD Technical Analysis: Greenback collapsing more than 100 pips against CAD

USD/CAD daily chart

  • USD/CAD is currently having a pullback down below the 50-day simple moving average.  

USD/CAD 4-hour chart

  • USD/CAD broke below its main SMAs suggesting bearish momentum in the medium-term.  

USD/CAD 30-minute chart

  • Greenback bulls capitulated as the market is collapsing more than a 100 pips this Friday.  
  • The momentum is bearish and support is seen at 1.3240 and 1.3185.
  • Resistance is seen at the 1.3280 level.

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3248
       Today Daily change:  -107  pips
       Today Daily change %:  -0.80%
       Today Daily Open:  1.3355
Trends:
       Daily SMA20:  1.3371
       Daily SMA50:  1.3378
       Daily SMA100:  1.3211
       Daily SMA200:  1.3116
Levels:
       Previous Daily High:  1.3378
       Previous Daily Low:  1.3305
       Previous Weekly High:  1.332
       Previous Weekly Low:  1.3226
       Previous Monthly High:  1.4134
       Previous Monthly Low:  1.316
       Daily Fibonacci 38.2%:  1.335
       Daily Fibonacci 61.8%:  1.3333
       Daily Pivot Point S1:  1.3315
       Daily Pivot Point S2:  1.3274
       Daily Pivot Point S3:  1.3243
       Daily Pivot Point R1:  1.3387
       Daily Pivot Point R2:  1.3418
       Daily Pivot Point R3:  1.3459

 

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