USD/CAD is trading in a bull trend above its 200-period simple moving average (SMA) on the 4-hour chart.  USD/CAD is evolving in a monthly wedge. Chances are that bulls will not be able to break and close above 1.3150 as the Stochastic is already in overbought territories.  Targets to the downside are likely located near 1.3108 (September 7 low), 1.3083 (September 27 swing high) and 1.3053 (October 15 high).  USD/CAD 4-hour chart Main trend:         Bullish Short-term trend:     Bearish 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:  1.313     Daily change:  25  pips     Daily change:  0.191%     Daily Open:  1.3105 Trends:     Daily SMA20:  1.3066     Daily SMA50:  1.302     Daily SMA100:  1.3077     Daily SMA200:  1.293 Levels:     Daily High:  1.3118     Daily Low:  1.3071     Weekly High:  1.3172     Weekly Low:  1.3048     Monthly High:  1.3172     Monthly Low:  1.2783     Daily Fibonacci 38.2%:  1.31     Daily Fibonacci 61.8%:  1.3089     Daily Pivot Point S1:  1.3078     Daily Pivot Point S2:  1.3051     Daily Pivot Point S3:  1.3032     Daily Pivot Point R1:  1.3124     Daily Pivot Point R2:  1.3144     Daily Pivot Point R3:  1.3171  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 Market wrap: sentiment a little firminr in US ahead of US election results today – Westpac FX Street 3 years USD/CAD is trading in a bull trend above its 200-period simple moving average (SMA) on the 4-hour chart.  USD/CAD is evolving in a monthly wedge. Chances are that bulls will not be able to break and close above 1.3150 as the Stochastic is already in overbought territories.  Targets to the downside are likely located near 1.3108 (September 7 low), 1.3083 (September 27 swing high) and 1.3053 (October 15 high).  USD/CAD 4-hour chart Main trend:         Bullish Short-term trend:     Bearish Resistance 1:       1.3161 October… Top 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.
