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USD/CAD Technical Analysis: Greenback bulls holding the market above 1.3200 figure ahead of Fed’s Powell speech

USD/CAD Daily chart

  • USD/CAD is trading in a bull trend above the 200 SMA.
  • USD/CAD is consolidating the recent losses above 1.3200 and the 100 SMA.
  • Fed’s Powell speech today at 17.00 GMT can lead to high volatility.

USD/CAD 4-hour chart

  • USD/CAD is trading well below its main SMAs.

USD/CAD 30-minute chart

  • On lower time-frames USD bulls managed to regain the 50 SMA and are at work trying to break above the 100 SMA. 
  • As the main trend is bullish targets to the upside can be located near the 1.3300 and 1.3360 levels. 

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3241
    Today Daily change: 25 pips
    Today Daily change %: 0.189%
    Today Daily Open: 1.3216
Trends:
    Previous Daily SMA20: 1.3514
    Previous Daily SMA50: 1.335
    Previous Daily SMA100: 1.3183
    Previous Daily SMA200: 1.3082
Levels:
    Previous Daily High: 1.3284
    Previous Daily Low: 1.318
    Previous Weekly High: 1.3666
    Previous Weekly Low: 1.338
    Previous Monthly High: 1.4134
    Previous Monthly Low: 1.316
    Previous Daily Fibonacci 38.2%: 1.3219
    Previous Daily Fibonacci 61.8%: 1.3244
    Previous Daily Pivot Point S1: 1.3169
    Previous Daily Pivot Point S2: 1.3123
    Previous Daily Pivot Point S3: 1.3066
    Previous Daily Pivot Point R1: 1.3273
    Previous Daily Pivot Point R2: 1.333
    Previous Daily Pivot Point R3: 1.3376

 

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