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USD/CAD Technical Analysis: Greenback trades at multi-month’s lows against CAD below 1.3150 level

USD/CAD daily chart

  • USD/CAD is challenging the 200-day simple moving averages (SMAs). 
  • A break below the 200 SMA could mean a bearish shift in the USD/CAD trend.

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

  • A bear break below 1.3110 support can lead to a drop to 1.3030 level.
  • Meanwhile, if USD bulls can pick up steam resistance is seen at 1.3180 and 1.3200. 
  • Bulls are currently trying to regain the 50 SMA.

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3145
    Today Daily change: -3 pips
    Today Daily change %: -0.02%
    Today Daily Open: 1.3148
Trends:
    Daily SMA20: 1.3289
    Daily SMA50: 1.3378
    Daily SMA100: 1.3216
    Daily SMA200: 1.3126
Levels:
    Previous Daily High: 1.3284
    Previous Daily Low: 1.3118
    Previous Weekly High: 1.3378
    Previous Weekly Low: 1.3224
    Previous Monthly High: 1.4134
    Previous Monthly Low: 1.316
    Daily Fibonacci 38.2%: 1.3182
    Daily Fibonacci 61.8%: 1.3221
    Daily Pivot Point S1: 1.3083
    Daily Pivot Point S2: 1.3018
    Daily Pivot Point S3: 1.2917
    Daily Pivot Point R1: 1.3249
    Daily Pivot Point R2: 1.335
    Daily Pivot Point R3: 1.3415

 

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