USD/CAD Technical Analysis: Cable near 2-month’s high challenge the 1.3100 figure

USD/CAD daily chart

  • USD/CAD is in a bull trend above the 100 and 200-day simple moving averages (SMAs).
  • The USD bulls are testing the 50 SMA. 

USD/CAD 4-hour chart

  • USD/CAD is trading above the 1.3300 figure and the 50/100 SMA.

USD/CAD 30-minute chart

  • USD/CAD is evolving above its main SMAs suggesting bullish momentum. 
  • Once again, USD bulls are looking at the 1.3360 resistance. They want a potential break above the level in order to travel to 1.3385 resistance.
  • On the flip side, support is seen at 1.3320, 1.3000 and 1.3280. 

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3356
    Today Daily change: 12 pips
    Today Daily change %: 0.09%
    Today Daily Open: 1.3344
Trends:
    Daily SMA20: 1.3384
    Daily SMA50: 1.3374
    Daily SMA100: 1.3209
    Daily SMA200: 1.3112
Levels:
    Previous Daily High: 1.3372
    Previous Daily Low: 1.3304
    Previous Weekly High: 1.332
    Previous Weekly Low: 1.3226
    Previous Monthly High: 1.4134
    Previous Monthly Low: 1.316
    Daily Fibonacci 38.2%: 1.333
    Daily Fibonacci 61.8%: 1.3346
    Daily Pivot Point S1: 1.3308
    Daily Pivot Point S2: 1.3273
    Daily Pivot Point S3: 1.3241
    Daily Pivot Point R1: 1.3376
    Daily Pivot Point R2: 1.3408
    Daily Pivot Point R3: 1.3443

 

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