Home USD/CAD Technical Analysis: Greenback reaches new 5-month’s high against the Canadian Dollar en route to 1.3400 figure
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USD/CAD Technical Analysis: Greenback reaches new 5-month’s high against the Canadian Dollar en route to 1.3400 figure

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 50, 100 and 200-period simple moving averages (SMAs).  
  • USD/CAD bulls want to test the 1.3400 figure.
  • Technical indicators are in positive territories.

USD/CAD 4-hour chart

  • USD/CAD bulls next objective is to break above 1.3219 on a daily closing basis to reach 1.3400 figure in the next sessions.
  • Failure to hold the market above 1.3300 can lead to a pullback down to 1.3250 support.

USD/CAD 30-minute chart

  • USD/CAD is continuing to move up for the fourth day in a row as it is trading above its SMAs.

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.334
       Today Daily change:  46  pips
       Today Daily change %:  0.346%
       Today Daily Open:  1.3294
Trends:
       Previous Daily SMA20:  1.3191
       Previous Daily SMA50:  1.3073
       Previous Daily SMA100:  1.3075
       Previous Daily SMA200:  1.299
Levels:
       Previous Daily High:  1.333
       Previous Daily Low:  1.3234
       Previous Weekly High:  1.332
       Previous Weekly Low:  1.3142
       Previous Monthly High:  1.3172
       Previous Monthly Low:  1.2783
       Previous Daily Fibonacci 38.2%:  1.3293
       Previous Daily Fibonacci 61.8%:  1.327
       Previous Daily Pivot Point S1:  1.3242
       Previous Daily Pivot Point S2:  1.319
       Previous Daily Pivot Point S3:  1.3146
       Previous Daily Pivot Point R1:  1.3338
       Previous Daily Pivot Point R2:  1.3382
       Previous Daily Pivot Point R3:  1.3434

 

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