Home USD/CAD Technical Analysis: Greenback pushes beyond June’s highs against Loonie – 1.3340 bear target
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USD/CAD Technical Analysis: Greenback pushes beyond June’s highs against Loonie – 1.3340 bear target

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 200-day simple moving average (SMA).
  • Bulls are breaking above the June’s high.

USD/CAD 4-hour chart

  • Bulls should close above 1.3400 figure on a daily closing basis in order to claim higher prices.  
  • Targets to the upside can be seen near the 1.3500 and 1.3542 level for the coming weeks.  

USD/CAD 30-minute chart

  • USD/CAD is trading above its main SMAs.  
  • USD/CAD completed a 5-wave pattern suggesting a correction to 1.3340 level

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3422
       Today Daily change:  42  pips
       Today Daily change %:  0.314%
       Today Daily Open:  1.338
Trends:
       Previous Daily SMA20:  1.324
       Previous Daily SMA50:  1.3113
       Previous Daily SMA100:  1.3082
       Previous Daily SMA200:  1.3009
Levels:
       Previous Daily High:  1.34
       Previous Daily Low:  1.3224
       Previous Weekly High:  1.336
       Previous Weekly Low:  1.3187
       Previous Monthly High:  1.336
       Previous Monthly Low:  1.3048
       Previous Daily Fibonacci 38.2%:  1.3333
       Previous Daily Fibonacci 61.8%:  1.3291
       Previous Daily Pivot Point S1:  1.3269
       Previous Daily Pivot Point S2:  1.3159
       Previous Daily Pivot Point S3:  1.3093
       Previous Daily Pivot Point R1:  1.3445
       Previous Daily Pivot Point R2:  1.351
       Previous Daily Pivot Point R3:  1.3621

 

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