Home USD/CAD Technical Analysis: Greenback spikes above 1.3300 against the Loonie
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USD/CAD Technical Analysis: Greenback spikes above 1.3300 against the Loonie

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 200-day simple moving average.
  • USD/CAD is reaching levels not seen since June 2018.

USD/CAD 4-hour chart

  • Resistances are seen at 1.3350 and 1.1400 figure.  
  • The RSI and Stochastic are already in the overbought zone.  

USD/CAD 30-minute chart

  • USD/CAD had a strong bull leg on Tuesday.  
  • The RSI and Stochastic are overbought.  
  • There might be room for a potential extension to 1.3350 but it remains to be seen if bulls have enough fuel to break above that level.  

Additional key levels at a glance:

USD/CAD

Overview:
       Last Price:  1.3304
       Daily change:  1.3e+2  pips
       Daily change:  0.964%
       Daily Open:  1.3177
Trends:
       Daily SMA20:  1.3143
       Daily SMA50:  1.3045
       Daily SMA100:  1.3068
       Daily SMA200:  1.297
Levels:
       Daily High:  1.3202
       Daily Low:  1.3142
       Weekly High:  1.3264
       Weekly Low:  1.3127
       Monthly High:  1.3172
       Monthly Low:  1.2783
       Daily Fibonacci 38.2%:  1.3179
       Daily Fibonacci 61.8%:  1.3165
       Daily Pivot Point S1:  1.3145
       Daily Pivot Point S2:  1.3113
       Daily Pivot Point S3:  1.3084
       Daily Pivot Point R1:  1.3206
       Daily Pivot Point R2:  1.3235
       Daily Pivot Point R3:  1.3267

 

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