USD/CAD is finding resistance just below the 1.2900 figure multi-week resistance. USD/CAD is trading below its 50, 100 and 200-period simple moving averages suggesting a bearish bias. However, the RSI, MACD and Stochastics indicators keep a bullish momentum for the time being. If capped below 1.2900 figure USD/CAD has room to potentially drop to 1.2800 figure. USD/CAD 4-hour chart USD/CAD Overview: Last Price: 1.2876 Daily change: 6.0 pips Daily change: 0.0466% Daily Open: 1.287 Trends: Daily SMA20: 1.2988 Daily SMA50: 1.3022 Daily SMA100: 1.3051 Daily SMA200: 1.2867 Levels: Daily High: 1.2886 Daily Low: 1.2806 Weekly High: 1.3083 Weekly Low: 1.2904 Monthly High: 1.3228 Monthly Low: 1.2882 Daily Fibonacci 38.2%: 1.2855 Daily Fibonacci 61.8%: 1.2836 Daily Pivot Point S1: 1.2822 Daily Pivot Point S2: 1.2774 Daily Pivot Point S3: 1.2742 Daily Pivot Point R1: 1.2902 Daily Pivot Point R2: 1.2934 Daily Pivot Point R3: 1.2982 Main trend: Neutral to bearish Resistances and Supports: Resistance 1: 1.2882-1.2900 September 20 low and figure Resistance 2: 1.2959 August 7 low Resistance 3: 1.3000 figure Resistance 4: 1.3048 August 14 low Resistance 5: 1.3108, September 7 low Resistance 6: 13200 figure Support 1: 1.2855-65 June 6 low – 200-day SMA Support 2: 1.2800 figure Support 3: 1.2727 May 11 low Support 4: 1.2600 figure 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 USD/JPY slumps to daily lows near 113.60 as risk-off dominates FX Street 4 years USD/CAD is finding resistance just below the 1.2900 figure multi-week resistance. USD/CAD is trading below its 50, 100 and 200-period simple moving averages suggesting a bearish bias. However, the RSI, MACD and Stochastics indicators keep a bullish momentum for the time being. If capped below 1.2900 figure USD/CAD has room to potentially drop to 1.2800 figure. USD/CAD 4-hour chart USD/CAD Overview: Last Price: 1.2876 Daily change: 6.0 pips Daily change: 0.0466% Daily Open: 1.287 Trends: Daily SMA20: 1.2988 Daily SMA50:… 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.
