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USD/CAD technical analysis: Market falls back below 1.3500 figure (again)

USD/CAD daily chart


USD/CAD remains trapped in the 1.3400-1.3500 range while trading above its main simple moving averages (SMAs).

USD/CAD 4-hour chart


USD/CAD rejected the 1.3500 figure and is now trading below the 1.3470 resistance

 

USD/CAD 30-minute chart

Sellers made quite a statement as the momentum switched back to bearish. Support to the downside is seen at 1.3440 and 1.3400 figure. Resistance is at 1.3470 and 1.3500 figure.


Additional key levels

USD/CAD

Overview
Today last price1.3459
Today Daily Change-0.0003
Today Daily Change %-0.02
Today daily open1.3462
 
Trends
Daily SMA201.3446
Daily SMA501.3392
Daily SMA1001.334
Daily SMA2001.3245
Levels
Previous Daily High1.3472
Previous Daily Low1.34
Previous Weekly High1.3506
Previous Weekly Low1.338
Previous Monthly High1.3522
Previous Monthly Low1.3274
Daily Fibonacci 38.2%1.3444
Daily Fibonacci 61.8%1.3428
Daily Pivot Point S11.3417
Daily Pivot Point S21.3373
Daily Pivot Point S31.3346
Daily Pivot Point R11.3489
Daily Pivot Point R21.3516
Daily Pivot Point R31.356

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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