Home USD/CAD Technical Analysis: The drop to 1.3300 figure is virtually inevitable
FXStreet News

USD/CAD Technical Analysis: The drop to 1.3300 figure is virtually inevitable

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 50, 100 and 200-day simple moving averages.

USD/CAD 4-hour chart

  • USD/CAD is testing the 50 SMA.

USD/CAD 30-minute chart

  • USD/CAD is trading below its main SMAs.  
  • Bears are in control and the next destination for them is likely going to be the 1.3300 figure to the downside.  

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3341
       Today Daily change:  -17  pips
       Today Daily change %:  -0.127%
       Today Daily Open:  1.3358
Trends:
       Previous Daily SMA20:  1.3278
       Previous Daily SMA50:  1.3161
       Previous Daily SMA100:  1.3092
       Previous Daily SMA200:  1.3024
Levels:
       Previous Daily High:  1.34
       Previous Daily Low:  1.3322
       Previous Weekly High:  1.3445
       Previous Weekly Low:  1.316
       Previous Monthly High:  1.336
       Previous Monthly Low:  1.3048
       Previous Daily Fibonacci 38.2%:  1.3352
       Previous Daily Fibonacci 61.8%:  1.337
       Previous Daily Pivot Point S1:  1.332
       Previous Daily Pivot Point S2:  1.3283
       Previous Daily Pivot Point S3:  1.3243
       Previous Daily Pivot Point R1:  1.3397
       Previous Daily Pivot Point R2:  1.3437
       Previous Daily Pivot Point R3:  1.3474

 

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.