“¢ The pair built on the previous session’s strong rebound from near three-week low and continued gaining positive traction through the mid-European session on Tuesday. “¢ The fact that the pair managed to sustain above 100-day SMA was seen as a key trigger for bullish traders and follow-through strength beyond the 1.3200 handle. “¢ A subsequent up-move lifted the pair through over one-week-old descending trend-line resistance, with bulls now eyeing to extend the momentum beyond 200-hour SMA. “¢ The set-up points to some additional near-term gains, though traders are likely to wait for a decisive breakthrough 50% Fibo. level of the 1.3340-1.3113 recent downfall. USD/CAD 1-hourly chart USD/CAD Overview: Today Last Price: 1.322 Today Daily change %: 0.20% Today Daily Open: 1.3194 Trends: Daily SMA20: 1.3209 Daily SMA50: 1.3341 Daily SMA100: 1.3264 Daily SMA200: 1.3159 Levels: Previous Daily High: 1.3198 Previous Daily Low: 1.3112 Previous Weekly High: 1.3294 Previous Weekly Low: 1.3134 Previous Monthly High: 1.3664 Previous Monthly Low: 1.3118 Daily Fibonacci 38.2%: 1.3165 Daily Fibonacci 61.8%: 1.3145 Daily Pivot Point S1: 1.3138 Daily Pivot Point S2: 1.3083 Daily Pivot Point S3: 1.3053 Daily Pivot Point R1: 1.3223 Daily Pivot Point R2: 1.3253 Daily Pivot Point R3: 1.3309 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 UK PM May: Article 50 extension cannot take no-deal off the table FX Street 4 years "¢ The pair built on the previous session's strong rebound from near three-week low and continued gaining positive traction through the mid-European session on Tuesday. "¢ The fact that the pair managed to sustain above 100-day SMA was seen as a key trigger for bullish traders and follow-through strength beyond the 1.3200 handle. "¢ A subsequent up-move lifted the pair through over one-week-old descending trend-line resistance, with bulls now eyeing to extend the momentum beyond 200-hour SMA. "¢ The set-up points to some additional near-term gains, though traders are likely to wait… 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.
