“¢ The pair was seen consolidating overnight strong gains to fresh weekly tops and now seems to have formed a firm base near the 200-hour SMA. “¢ Technical indicators on hourly charts remain supportive of the bullish move, though are yet to catch up with the positive momentum on the daily chart. “¢ The fact that the pair is holding well above intraday important moving averages – 50, 100 & 200-hour SMA, support prospects for an extension of the recovery move. “¢ Currently hovering around 50% Fibonacci retracement level of the 1.3082-1.2782 downfall, traders await the release of NFP report for fresh directional impetus. USD/CAD 1-hourly chart USD/CAD Overview: Last Price: 1.2936 Daily change: 14 pips Daily change: 0.108% Daily Open: 1.2922 Trends: Daily SMA20: 1.2975 Daily SMA50: 1.302 Daily SMA100: 1.3052 Daily SMA200: 1.2868 Levels: Daily High: 1.294 Daily Low: 1.2856 Weekly High: 1.3083 Weekly Low: 1.2904 Monthly High: 1.3228 Monthly Low: 1.2882 Daily Fibonacci 38.2%: 1.2907 Daily Fibonacci 61.8%: 1.2888 Daily Pivot Point S1: 1.2871 Daily Pivot Point S2: 1.2821 Daily Pivot Point S3: 1.2787 Daily Pivot Point R1: 1.2955 Daily Pivot Point R2: 1.2989 Daily Pivot Point R3: 1.3039 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 AUD/USD drops to 0.7055, weakest since Feb 2016 on US-China trade woes FX Street 4 years "¢ The pair was seen consolidating overnight strong gains to fresh weekly tops and now seems to have formed a firm base near the 200-hour SMA. "¢ Technical indicators on hourly charts remain supportive of the bullish move, though are yet to catch up with the positive momentum on the daily chart. "¢ The fact that the pair is holding well above intraday important moving averages - 50, 100 & 200-hour SMA, support prospects for an extension of the recovery move. "¢ Currently hovering around 50% Fibonacci retracement level of… 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.
