The Greenback loses steam again against the Canadian Dollar as the spot market is trading near 1.5-month lows. The level to beat for bears is the 1.3120 support level. USD/CAD daily chart USD/CAD is trading in a bear trend below its main simple moving averages (SMAs). USD/CAD 4-hour chart USD/CAD is trading below its main SMAs, suggesting bearish momentum in the medium term. The market is trading at its lowest in two months. Sellers want to reach 1.3112, 1.3075 and 1.3043 on the way down, according to the Technical Confluences Indicator. USD/CAD 30-minute chart USD/CAD takes another hit as the market is under bearish pressure below the main SMAs. Bulls will need to regain 1.3180 to attract buying interest towards 1.3220 and 1.3250 resistance levels. Additional key levels 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 Impossible for BoE to act one way or other until road to Brexit becomes clearer – TD Securities FX Street 4 years The Greenback loses steam again against the Canadian Dollar as the spot market is trading near 1.5-month lows. The level to beat for bears is the 1.3120 support level. USD/CAD daily chart USD/CAD is trading in a bear trend below its main simple moving averages (SMAs). USD/CAD 4-hour chart USD/CAD is trading below its main SMAs, suggesting bearish momentum in the medium term. The market is trading at its lowest in two months. Sellers want to reach 1.3112, 1.3075 and 1.3043 on the way down, according to the Technical Confluences Indicator. USD/CAD 30-minute 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.
