USD/CAD Technical Analysis: Greenback losing steam against CAD sub-1.3200 figure

USD/CAD daily chart

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

USD/CAD 4-hour chart

  • USD/CAD is trading below its main SMAs suggesting a bearish bias in the medium-term.

USD/CAD 30-minute chart

  • USD/CAD is trading between the 50 and 100 SMA suggesting sideways action in the short-term.
  • USD/CAD is testing the 1.3180 support, however, the currency pair is weakening and a drop to 1.3150 and 1.3110 may be on the cards.
  • Resistances are at 1.3230 and 1.3300 level.

 

Additional key levels 

USD/CAD

Overview:
    Today Last Price: 1.3181
    Today Daily change: -13 pips
    Today Daily change %: -0.10%
    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

 

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