“¢ The pair’s Asian session recovery move faced rejection at 200-hour SMA, with surging oil prices exerting some additional downward pressure through the European session on Monday. USD/CAD 1-hourly chart “¢ A decisive breakthrough 1-1/2-month-old ascending trend-channel and a subsequent fall below the 1.3200 handle as seen as a key trigger for bearish traders and a slide to 2-week lows. Daily chart “¢ Technical indicators on hourly charts have been drifting into bearish territory and have also started losing positive momentum on the daily chart, pointing to an extension of the downfall. “¢ Hence, any attempted rebound seems more likely to confront some fresh supply near the ascending trend-channel support break-point, now turned resistance, currently near the 1.3225 region. USD/CAD Overview: Today Last Price: 1.3193 Today Daily change: -94 pips Today Daily change %: -0.707% Today Daily Open: 1.3287 Trends: Previous Daily SMA20: 1.3215 Previous Daily SMA50: 1.3095 Previous Daily SMA100: 1.3079 Previous Daily SMA200: 1.3001 Levels: Previous Daily High: 1.3334 Previous Daily Low: 1.3272 Previous Weekly High: 1.336 Previous Weekly Low: 1.3187 Previous Monthly High: 1.336 Previous Monthly Low: 1.3048 Previous Daily Fibonacci 38.2%: 1.331 Previous Daily Fibonacci 61.8%: 1.3296 Previous Daily Pivot Point S1: 1.3262 Previous Daily Pivot Point S2: 1.3237 Previous Daily Pivot Point S3: 1.3201 Previous Daily Pivot Point R1: 1.3323 Previous Daily Pivot Point R2: 1.3359 Previous Daily Pivot Point R3: 1.3384 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. View All Post By FX Street FXStreet News share Read Next WH Adviser Navarro: Robert Lighthizer will be in charge of negotiations with China FX Street 4 years "¢ The pair's Asian session recovery move faced rejection at 200-hour SMA, with surging oil prices exerting some additional downward pressure through the European session on Monday. USD/CAD 1-hourly chart "¢ A decisive breakthrough 1-1/2-month-old ascending trend-channel and a subsequent fall below the 1.3200 handle as seen as a key trigger for bearish traders and a slide to 2-week lows. Daily chart "¢ Technical indicators on hourly charts have been drifting into bearish territory and have also started losing positive momentum on the daily chart, pointing to an extension of the downfall. "¢… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
