USD/CAD Technical Analysis: Greenback collapsing more than 100 pips against CAD

USD/CAD daily chart

  • USD/CAD is currently having a pullback down below the 50-day simple moving average. 

USD/CAD 4-hour chart

  • USD/CAD broke below its main SMAs suggesting bearish momentum in the medium-term. 

USD/CAD 30-minute chart

  • Greenback bulls capitulated as the market is collapsing more than a 100 pips this Friday. 
  • The momentum is bearish and support is seen at 1.3240 and 1.3185.
  • Resistance is seen at the 1.3280 level.

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3248
    Today Daily change: -107 pips
    Today Daily change %: -0.80%
    Today Daily Open: 1.3355
Trends:
    Daily SMA20: 1.3371
    Daily SMA50: 1.3378
    Daily SMA100: 1.3211
    Daily SMA200: 1.3116
Levels:
    Previous Daily High: 1.3378
    Previous Daily Low: 1.3305
    Previous Weekly High: 1.332
    Previous Weekly Low: 1.3226
    Previous Monthly High: 1.4134
    Previous Monthly Low: 1.316
    Daily Fibonacci 38.2%: 1.335
    Daily Fibonacci 61.8%: 1.3333
    Daily Pivot Point S1: 1.3315
    Daily Pivot Point S2: 1.3274
    Daily Pivot Point S3: 1.3243
    Daily Pivot Point R1: 1.3387
    Daily Pivot Point R2: 1.3418
    Daily Pivot Point R3: 1.3459

 

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