Home USD/CAD Technical Analysis: Greenback at multi-month lows against CAD
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USD/CAD Technical Analysis: Greenback at multi-month lows against CAD

USD/CAD daily chart

  • USD/CAD is having a deep pullback near the 200-day simple moving averages (SMAs).

USD/CAD 4-hour chart

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

USD/CAD 30-minute chart

  • USD/CAD is having a small rebound this Monday, but bulls have a lot of work to do if they want to retake control of the market.  
  • The 1.3160 level along with the 200 SMA will be an interesting resistance to look at for a potential break above.  
  • On the flip slide, bears will try to break below 1.3110 in order to bring the market down to the 1.3030 level.  

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3128
       Today Daily change: 42  pips
       Today Daily change %:  0.32%
       Today Daily Open:  1.3086
Trends:
       Daily SMA20:  1.3257
       Daily SMA50:  1.3374
       Daily SMA100:  1.3218
       Daily SMA200:  1.3129
Levels:
       Previous Daily High:  1.316
       Previous Daily Low:  1.3069
       Previous Weekly High:  1.3287
       Previous Weekly Low:  1.3069
       Previous Monthly High:  1.3664
       Previous Monthly Low:  1.3118
       Daily Fibonacci 38.2%:  1.3104
       Daily Fibonacci 61.8%:  1.3125
       Daily Pivot Point S1:  1.305
       Daily Pivot Point S2:  1.3014
       Daily Pivot Point S3:  1.2958
       Daily Pivot Point R1:  1.3142
       Daily Pivot Point R2:  1.3197
       Daily Pivot Point R3:  1.3233

 

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