OctaFX | OctaFX Forex Broker
Open trading account
Back

USD/CAD Technical Analysis: Greenback ready for a correction to 1.3300 figure against Loonie

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 200-day simple moving average (SMA).
  • As forecast, USD/CAD regained the 1.3400 figure.

USD/CAD 4-hour chart

  • 1.3450 is the level to beat for bulls. 

USD/CAD 30-minute chart

  • The bull run has likely run its course for the time being as the market is likely set to correct to 1.3300 figure

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3416
    Today Daily change: 10 pips
    Today Daily change %: 0.0746%
    Today Daily Open: 1.3406
Trends:
    Previous Daily SMA20: 1.3264
    Previous Daily SMA50: 1.314
    Previous Daily SMA100: 1.3087
    Previous Daily SMA200: 1.3019
Levels:
    Previous Daily High: 1.3418
    Previous Daily Low: 1.3292
    Previous Weekly High: 1.3445
    Previous Weekly Low: 1.316
    Previous Monthly High: 1.336
    Previous Monthly Low: 1.3048
    Previous Daily Fibonacci 38.2%: 1.337
    Previous Daily Fibonacci 61.8%: 1.334
    Previous Daily Pivot Point S1: 1.3327
    Previous Daily Pivot Point S2: 1.3247
    Previous Daily Pivot Point S3: 1.3202
    Previous Daily Pivot Point R1: 1.3452
    Previous Daily Pivot Point R2: 1.3497
    Previous Daily Pivot Point R3: 1.3577

 

USD/CHF rebounds from 8-week lows and points to further gains

The USD/CHF dropped earlier today to 0.9862, the lowest level since October 16 and then rebounded sharply, amid a rally of the US dollar following US
Read more Previous

FTSE 100 closes 1.64% higher to 6,831.97 on turn-around Tuesday

The more positive tone overnight came with officials from Washington and Beijing reportedly kicking-off trade talks once again. Bloomberg reporting to
Read more Next
Start livechat