Home USD/CAD Technical Analysis: Greenback bears eyeing 1.3200 figure against CAD
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USD/CAD Technical Analysis: Greenback bears eyeing 1.3200 figure against CAD

USD/CAD daily chart

  • On the daily time-frame, USD/CAD is trading between the 50 and the 100-day simple moving averages (SMAs) suggesting a sideways market.
  • This Monday, US President’s Day, might offer limited moves in  the financial markets.

USD/CAD 4-hour chart

  • USD/CAD is trading between the 100 and 200  SMAs suggesting bearish momentum in the medium-term.

USD/CAD 30-minute chart

  • USD/CAD is trading below its main SMAs suggesting a bear market in the short-term.
  • Bears will likely try to reach 1.3200 figure to the downside.
  • Resistance is seen at 1.3240 and 1.3270 level.

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3235
       Today Daily change:  -12  pips
       Today Daily change %:  -0.09%
       Today Daily Open:  1.3247
Trends:
       Daily SMA20:  1.3241
       Daily SMA50:  1.3363
       Daily SMA100:  1.3245
       Daily SMA200:  1.3148
Levels:
       Previous Daily High:  1.3314
       Previous Daily Low:  1.3245
       Previous Weekly High:  1.3341
       Previous Weekly Low:  1.3196
       Previous Monthly High:  1.3664
       Previous Monthly Low:  1.3118
       Daily Fibonacci 38.2%:  1.3272
       Daily Fibonacci 61.8%:  1.3288
       Daily Pivot Point S1:  1.3223
       Daily Pivot Point S2:  1.32
       Daily Pivot Point S3:  1.3154
       Daily Pivot Point R1:  1.3292
       Daily Pivot Point R2:  1.3338
       Daily Pivot Point R3:  1.3362

 

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