Home USD/CAD Technical Analysis: Sidelined below 1.3300 figure awaiting next breakout
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USD/CAD Technical Analysis: Sidelined below 1.3300 figure awaiting next breakout

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 200-day simple moving average (SMA).  

USD/CAD 4-hour chart

  • USD/CAD is trading between the 100 and 200 SMAs suggesting sideways trading in the medium-term.

USD/CAD 30-minute chart

  • The 50 SMA crossed below the 100 SMA suggesting a slowdown in the current bullish momentum.
  • USD/CAD bulls need to overcome the 1.3300 figure in order to resume the bull trend.  
  • Bears need to break 1.3270 to reach 1.3240 and 1.3180 to the downside. As the 100 SMA is capping prices bears might be in control in the short-term

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3287
       Today Daily change:  22  pips
       Today Daily change %:  0.17%
       Today Daily Open:  1.3265
Trends:
       Daily SMA20:  1.3242
       Daily SMA50:  1.3367
       Daily SMA100:  1.3231
       Daily SMA200:  1.3138
Levels:
       Previous Daily High:  1.333
       Previous Daily Low:  1.3232
       Previous Weekly High:  1.333
       Previous Weekly Low:  1.3084
       Previous Monthly High:  1.3664
       Previous Monthly Low:  1.3118
       Daily Fibonacci 38.2%:  1.327
       Daily Fibonacci 61.8%:  1.3293
       Daily Pivot Point S1:  1.3221
       Daily Pivot Point S2:  1.3177
       Daily Pivot Point S3:  1.3123
       Daily Pivot Point R1:  1.332
       Daily Pivot Point R2:  1.3374
       Daily Pivot Point R3:  1.3418

 

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