“¢ The pair built on Friday’s strong upsurge and climbed further beyond the 1.3300 round figure mark through the European trading session on Monday. “¢ The intraday positive momentum assisted the pair to make it through a short-term descending trend-line resistance and climb to over two-week highs. “¢ Moreover, the fact that the pair remains well above important intraday moving averages – 50, 100 & 200-hour SMA, support prospects for additional gains. “¢ Bullish oscillators on 4-hourly/daily charts add credence to the constructive outlook, though slightly overbought conditions on the 1-hourly chart capped gains. “¢ The set-up points to a modest pull-back or a near-term consolidation phase before traders start positioning for further appreciation towards the 1.3400 handle. USD/CAD 4-hourly chart USD/CAD Overview: Today Last Price: 1.3311 Today Daily change %: 0.11% Today Daily Open: 1.3296 Trends: Daily SMA20: 1.3216 Daily SMA50: 1.3315 Daily SMA100: 1.3271 Daily SMA200: 1.3166 Levels: Previous Daily High: 1.3308 Previous Daily Low: 1.313 Previous Weekly High: 1.3308 Previous Weekly Low: 1.3112 Previous Monthly High: 1.3341 Previous Monthly Low: 1.3069 Daily Fibonacci 38.2%: 1.324 Daily Fibonacci 61.8%: 1.3197 Daily Pivot Point S1: 1.3181 Daily Pivot Point S2: 1.3066 Daily Pivot Point S3: 1.3003 Daily Pivot Point R1: 1.3359 Daily Pivot Point R2: 1.3422 Daily Pivot Point R3: 1.3537 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 Oil Technical Analysis: Black Gold bulls looking at the 57.40 level FX Street 4 years "¢ The pair built on Friday's strong upsurge and climbed further beyond the 1.3300 round figure mark through the European trading session on Monday. "¢ The intraday positive momentum assisted the pair to make it through a short-term descending trend-line resistance and climb to over two-week highs. "¢ Moreover, the fact that the pair remains well above important intraday moving averages - 50, 100 & 200-hour SMA, support prospects for additional gains. "¢ Bullish oscillators on 4-hourly/daily charts add credence to the constructive outlook, though slightly overbought conditions on the 1-hourly chart… 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.
