“¢  The pair struggled to build on Friday’s post-NFP rebound from over one-week lows and faced rejection near 100-period SMA on the 1-hourly chart.   “¢  A follow-through weakness below 200-hour SMA was seen as a key trigger for bearish traders and thus, increases prospects for an extension of the downside.   “¢  Technical indicators on the mentioned chart have already drifted into bearish territory and further add credence to intraday negative/bearish outlook.   “¢  A sustained break through the 1.3070-65 horizontal area now seems to turn the pair vulnerable to head back towards challenging the key 1.30 psychological mark.   USD/CAD 1-hourly chart USD/CAD Overview:     Last Price:  1.3083     Daily change:  -29  pips     Daily change:  -0.221%     Daily Open:  1.3112 Trends:     Daily SMA20:  1.3059     Daily SMA50:  1.3019     Daily SMA100:  1.3077     Daily SMA200:  1.2926 Levels:     Daily High:  1.312     Daily Low:  1.3048     Weekly High:  1.3172     Weekly Low:  1.3048     Monthly High:  1.3172     Monthly Low:  1.2783     Daily Fibonacci 38.2%:  1.3092     Daily Fibonacci 61.8%:  1.3076     Daily Pivot Point S1:  1.3067     Daily Pivot Point S2:  1.3022     Daily Pivot Point S3:  1.2996     Daily Pivot Point R1:  1.3138     Daily Pivot Point R2:  1.3164     Daily Pivot Point R3:  1.3209 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 GBP/USD Technical Analysis: Cable bulls looking at 1.3100 figure FX Street 3 years   "¢  The pair struggled to build on Friday's post-NFP rebound from over one-week lows and faced rejection near 100-period SMA on the 1-hourly chart.   "¢  A follow-through weakness below 200-hour SMA was seen as a key trigger for bearish traders and thus, increases prospects for an extension of the downside.   "¢  Technical indicators on the mentioned chart have already drifted into bearish territory and further add credence to intraday negative/bearish outlook.   "¢  A sustained break through the 1.3070-65 horizontal area now seems to turn the pair vulnerable to head back towards challenging… 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.
