USD/CAD Technical Analysis: Strong reversal up for the Greenback against CAD


USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 200-day simple moving averages (SMA).


 

USD/CAD 4-hour chart

  • USD/CAD is trading between the 100 and 200 SMAs suggesting a consolidation in the medium-term.


 

USD/CAD 30-minute chart

  • USD/CAD regained the 1.3300 figure but is trading below its main SMAs suggesting bearish momentum in the short-term.
  • USD/CAD remains in the 1.3370-1.3300 range for the time being. 


Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3304
    Today Daily change: -30 pips
    Today Daily change %: -0.22%
    Today Daily Open: 1.3334
Trends:
    Daily SMA20: 1.3287
    Daily SMA50: 1.3263
    Daily SMA100: 1.3304
    Daily SMA200: 1.3189
Levels:
    Previous Daily High: 1.3368
    Previous Daily Low: 1.3302
    Previous Weekly High: 1.344
    Previous Weekly Low: 1.3287
    Previous Monthly High: 1.3341
    Previous Monthly Low: 1.3069
    Daily Fibonacci 38.2%: 1.3342
    Daily Fibonacci 61.8%: 1.3327
    Daily Pivot Point S1: 1.3302
    Daily Pivot Point S2: 1.3269
    Daily Pivot Point S3: 1.3236
    Daily Pivot Point R1: 1.3367
    Daily Pivot Point R2: 1.34
    Daily Pivot Point R3: 1.3433

 

Share: Feed news

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended content

Editors’ Picks

EUR/USD clings to daily gains above 1.0650

EUR/USD clings to daily gains above 1.0650

EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in risk mood following the earlier flight to safety weighs on the US Dollar ahead of the weekend and helps the pair push higher.

EUR/USD News

GBP/USD recovers toward 1.2450 after UK Retail Sales data

GBP/USD recovers toward 1.2450 after UK Retail Sales data

GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.

GBP/USD News

Gold price defends gains below $2,400 as geopolitical risks linger

Gold price defends gains below $2,400 as geopolitical risks linger

Gold price is trading below $2,400 in European trading on Friday, holding its retreat from a fresh five-day high of $2,418. Despite the pullback, Gold price remains on track to book the fifth weekly gain in a row, supported by lingering Middle East geopolitical risks.

Gold News

Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in Premium

Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in

Bitcoin price shows no signs of directional bias while it holds above  $60,000. The fourth BTC halving is partially priced in, according to Deutsche Bank’s research. 

Read more

Geopolitics once again take centre stage, as UK Retail Sales wither

Geopolitics once again take centre stage, as UK Retail Sales wither

Nearly a week to the day when Iran sent drones and missiles into Israel, Israel has retaliated and sent a missile into Iran. The initial reports caused a large uptick in the oil price.

Read more

Forex MAJORS

Cryptocurrencies

Signatures