Home USD/CAD technical analysis: Greeback climbs to daily highs against CAD, near 1.3100
FXStreet News

USD/CAD technical analysis: Greeback climbs to daily highs against CAD, near 1.3100

FX Street
Published date:
  • USD/CAD is challenging the daily high near 1.3090 resistance.
  • On a bullish scenario, the levels to beat for buyers are at 1.3110 and 1.3158.

USD/CAD daily chart

 

USD/CAD is trapped in a range near multi-month lows as the market remains capped below the 1.3100 handle and the main daily simple moving averages (DSMAs).  

USD/CAD 4-hour chart

 

USD/CAD is trading just above 1.3090 resistance as the market is trading above its 50 and 100 SMAs.


USD/CAD 30-minute chart

 
USD/CAD is trading near the daily highs challenging the 1.3090 resistance. USD bulls would need a daily close above that level to reach 1.3110 and 1.3158. Support are seen at 1.3076 and 1.3056, according to the Technical Confluences Indicator.


Additional key levels

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision.  The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. This website is free for you to use but we may receive a commission from the companies we feature on this site.

© forexcrunch.com All Rights Reserved 2017 – 2026