USD/CAD is trading in a bull trend above its 200-period simple moving average on the 4-hour chart. USD/CAD has formed a monthly wedge throughout the month of October. The main bias is bullish and traders will be looking for a breakout of 1.3161 (October 26 high). Alternatively, a break below 1.3083 (September 27 swing high) could be the start of a bearish pullback down to 1.3000 figure. USD/CAD 4-hour chart Main trend: Bullish Resistance 1: 1.3161 October 26 high Resistance 2: 1.3200 figure Resistance 3: 1.3300 figure Support 1: 1.3108, September 7 low Support 2: 1.3083 September 27 swing high Support 3: 1.3053 October 15 high Support 4: 1.3000 figure Support 5: 1.2950-59 multi-month key level and August 7 low Additional key levels at a glance: USD/CAD Overview: Last Price: 1.3133 Daily change: 23 pips Daily change: 0.175% Daily Open: 1.311 Trends: Daily SMA20: 1.3028 Daily SMA50: 1.3014 Daily SMA100: 1.3075 Daily SMA200: 1.2916 Levels: Daily High: 1.315 Daily Low: 1.31 Weekly High: 1.316 Weekly Low: 1.2968 Monthly High: 1.3228 Monthly Low: 1.2882 Daily Fibonacci 38.2%: 1.3119 Daily Fibonacci 61.8%: 1.3131 Daily Pivot Point S1: 1.309 Daily Pivot Point S2: 1.3071 Daily Pivot Point S3: 1.3041 Daily Pivot Point R1: 1.3139 Daily Pivot Point R2: 1.3169 Daily Pivot Point R3: 1.3188 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 Canada: Industry level GDP rose by 0.1% m/m in August – TDS FX Street 4 years USD/CAD is trading in a bull trend above its 200-period simple moving average on the 4-hour chart. USD/CAD has formed a monthly wedge throughout the month of October. The main bias is bullish and traders will be looking for a breakout of 1.3161 (October 26 high). Alternatively, a break below 1.3083 (September 27 swing high) could be the start of a bearish pullback down to 1.3000 figure. USD/CAD 4-hour chart Main trend: Bullish Resistance 1: 1.3161 October 26 high Resistance 2: … 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.
