USD/CAD is trading in a bull trend above its 200-period simple moving average (SMA) on the 4-hour chart. USD/CAD is testing the bull trendline and the 100 SMA. The RSI, MACD and STochastic indicator are negative. All suggesting continued bearish momentum. Targets to the downside are likely located near 1.3053 (October 15 high) and 1.3000 figure. USD/CAD 4-hour chart Main trend: Bullish Short-term trend: Bearish Resistance 1: 1.3083 September 27 swing high Resistance 2: 1.3108, September 7 low Resistance 3: 1.3161 October 26 high Resistance 4: 1.3200 figure Resistance 5: 1.3300 figure Support 1: 1.3053 October 15 high Support 2: 1.3000 figure Support 3: 1.2950-59 multi-month key level and August 7 low Additional key levels at a glance: USD/CAD Overview: Last Price: 1.3074 Daily change: -82 pips Daily change: -0.623% Daily Open: 1.3156 Trends: Daily SMA20: 1.3042 Daily SMA50: 1.3016 Daily SMA100: 1.3076 Daily SMA200: 1.292 Levels: Daily High: 1.3172 Daily Low: 1.3107 Weekly High: 1.316 Weekly Low: 1.2968 Monthly High: 1.3172 Monthly Low: 1.2783 Daily Fibonacci 38.2%: 1.3147 Daily Fibonacci 61.8%: 1.3131 Daily Pivot Point S1: 1.3118 Daily Pivot Point S2: 1.308 Daily Pivot Point S3: 1.3053 Daily Pivot Point R1: 1.3183 Daily Pivot Point R2: 1.321 Daily Pivot Point R3: 1.3248 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 WTI extends sideways move around $65 FX Street 4 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 testing the bull trendline and the 100 SMA. The RSI, MACD and STochastic indicator are negative. All suggesting continued bearish momentum. Targets to the downside are likely located near 1.3053 (October 15 high) and 1.3000 figure. USD/CAD 4-hour chart Main trend: Bullish Short-term trend: Bearish Resistance 1: 1.3083 September 27 swing high Resistance 2: 1.3108, September 7 low… 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.
