USD/CAD daily chart
- USD/CAD is challenging the 200-day simple moving averages (SMAs). A break below the 200 SMA would be considered a bearish shift in the USD/CAD trend.
- FOMC keeps the target for fed funds rate unchanged at 2.25% – 2.5% range.
- As discussed, USD/CAD is now a few pips away from the 1.3110 target.
USD/CAD 4-hour chart
- USD/CAD is trading below its main SMAs suggesting a bearish bias also in the medium-term.
USD/CAD 30-minute chart
- A break below 1.3110 support should lead to a drop to 1.3030 level.
- Key resistance is seen at 1.3180.
Additional key levels
USD/CAD
Overview:
Today Last Price: 1.3126
Today Daily change: -154 pips
Today Daily change %: -1.16%
Today Daily Open: 1.328
Trends:
Daily SMA20: 1.3311
Daily SMA50: 1.338
Daily SMA100: 1.3215
Daily SMA200: 1.3125
Levels:
Previous Daily High: 1.3287
Previous Daily Low: 1.324
Previous Weekly High: 1.3378
Previous Weekly Low: 1.3224
Previous Monthly High: 1.4134
Previous Monthly Low: 1.316
Daily Fibonacci 38.2%: 1.3269
Daily Fibonacci 61.8%: 1.3258
Daily Pivot Point S1: 1.3251
Daily Pivot Point S2: 1.3222
Daily Pivot Point S3: 1.3205
Daily Pivot Point R1: 1.3298
Daily Pivot Point R2: 1.3315
Daily Pivot Point R3: 1.3344