USD/CAD technical analysis: Greenback advancing to daily highs, testing 1.3158 resistance

USD/CAD is trading at daily highs challenging 1.3158 resistance.
The levels to beat for buyers are at 1.3158 and 1.3180.

USD/CAD daily chart

USD/CAD is grinding up above the 1.3100 figure while trading below the main daily simple moving averages (DSMAs).

USD/CAD 4-hour chart

USD/CAD is challenging the 1.3158 resistance and the 200 SMA. A break above the resistance level can lead to 1.3180, 1.3205 and 1.3232 resistances on the way up, according to the Technical Confluences Indicator.

USD/CAD 30-minute chart

USD/CAD is trading above the main SMAs suggesting bullish momentum in the near term. Immediate support can be seen at 1.3130 and 1.3110, according to the Technical Confluences Indicator.

Additional key levels

Jul 25, 2019

EU spokeswoman: Juncker told UK PM Johnson Withdrawal Agreement is only possible agreement

A spokeswoman for the European Commission crossed the wires in the last minutes, saying that the European Commission President Juncker told British Pr

अधिक पढ़ें Previous

Jul 25, 2019

USD/JPY climbs to 15-day highs near 108.70

Boosted by the rising US Treasury bond yields, the USD/JPY pair extended its daily rally and touched its highest level in two weeks at 108.71. As of w

अधिक पढ़ें Next