Home USD/CAD Technical Analysis: Greenback dips below 1.3200 on Canadian Retail Sales
FXStreet News

USD/CAD Technical Analysis: Greenback dips below 1.3200 on Canadian Retail Sales

USD/CAD 30-minute chart

  • USD/CAD lost about 25 pips following the release of the Canadian Retail Sales (Month-on-Month for December ) which came in better-than-anticipated at -0.1% versus -0.3% forecast by analysts.
  • USD/CAD is trading between the 50 and 100 SMA suggesting a sideways market in the short-term.
  • Support is seen at 1.3180 and 1.3150 level. To the upside, resistance is at 1.3230 and 1.3300 figure.

Additional key levels:

USD/CAD

Overview:
       Today Last Price:  1.3202
       Today Daily change:  -19  pips
       Today Daily change %:  -0.14%
       Today Daily Open:  1.3221
Trends:
       Daily SMA20:  1.3216
       Daily SMA50:  1.335
       Daily SMA100:  1.3259
       Daily SMA200:  1.3156
Levels:
       Previous Daily High:  1.3234
       Previous Daily Low:  1.3162
       Previous Weekly High:  1.3341
       Previous Weekly Low:  1.3196
       Previous Monthly High:  1.3664
       Previous Monthly Low:  1.3118
       Daily Fibonacci 38.2%:  1.3206
       Daily Fibonacci 61.8%:  1.3189
       Daily Pivot Point S1:  1.3178
       Daily Pivot Point S2:  1.3134
       Daily Pivot Point S3:  1.3106
       Daily Pivot Point R1:  1.3249
       Daily Pivot Point R2:  1.3277
       Daily Pivot Point R3:  1.3321

 

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.