USD/CAD is trading in a bull trend above the 200-period simple moving average. USD/CAD is testing last week high near the 1.3161 level. The market is trading all its main simple moving averages as technical indicators are in bullish mode. A break above 1.3161 is needed for the continuation of the bull trend with potential targets at 1.3200 and 1.3300 figure. A bear breakout below 1.3053 (October 15 high) would be a warning signal for bulls. USD/CAD 4-hour chart Main trend: Bullish Resistance 1: 1.3161 October 26 high Resistance 2: 1.3200 figure Resistance 3: 1.3300 figure Support 1: 1.3108, September 7 low Support 2: 1.3083 September 27 swing high Support 3: 1.3053 October 15 high Support 4: 1.3000 figure Support 5: 1.2950-59 multi-month key level and August 7 low Additional key levels at a glance USD/CAD Overview: Last Price: 1.3148 Daily change: 46 pips Daily change: 0.351% Daily Open: 1.3102 Trends: Daily SMA20: 1.2998 Daily SMA50: 1.3011 Daily SMA100: 1.3071 Daily SMA200: 1.2909 Levels: Daily High: 1.316 Daily Low: 1.3069 Weekly High: 1.316 Weekly Low: 1.2968 Monthly High: 1.3228 Monthly Low: 1.2882 Daily Fibonacci 38.2%: 1.3126 Daily Fibonacci 61.8%: 1.3104 Daily Pivot Point S1: 1.306 Daily Pivot Point S2: 1.3019 Daily Pivot Point S3: 1.2969 Daily Pivot Point R1: 1.3152 Daily Pivot Point R2: 1.3202 Daily Pivot Point R3: 1.3243 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 EUR/USD: A Decline Below 1.1335 Bearish, A Sharp Sell-Off Below 1.1301 – ING Yohay Elam 4 years USD/CAD is trading in a bull trend above the 200-period simple moving average. USD/CAD is testing last week high near the 1.3161 level. The market is trading all its main simple moving averages as technical indicators are in bullish mode. A break above 1.3161 is needed for the continuation of the bull trend with potential targets at 1.3200 and 1.3300 figure. A bear breakout below 1.3053 (October 15 high) would be a warning signal for bulls. USD/CAD 4-hour chart Main trend: Bullish Resistance 1: 1.3161 October… 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.
