USD/CAD Technical Analysis: The drop to 1.3300 figure is virtually inevitable
USD/CAD daily chart
- USD/CAD is trading in a bull trend above the 50, 100 and 200-day simple moving averages.
USD/CAD 4-hour chart
- USD/CAD is testing the 50 SMA.
USD/CAD 30-minute chart
- USD/CAD is trading below its main SMAs.
- Bears are in control and the next destination for them is likely going to be the 1.3300 figure to the downside.
Additional key levels
Today Last Price: 1.3341
Today Daily change: -17 pips
Today Daily change %: -0.127%
Today Daily Open: 1.3358
Previous Daily SMA20: 1.3278
Previous Daily SMA50: 1.3161
Previous Daily SMA100: 1.3092
Previous Daily SMA200: 1.3024
Previous Daily High: 1.34
Previous Daily Low: 1.3322
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%: 1.3352
Previous Daily Fibonacci 61.8%: 1.337
Previous Daily Pivot Point S1: 1.332
Previous Daily Pivot Point S2: 1.3283
Previous Daily Pivot Point S3: 1.3243
Previous Daily Pivot Point R1: 1.3397
Previous Daily Pivot Point R2: 1.3437
Previous Daily Pivot Point R3: 1.3474