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15 Apr 2019

USD/CAD Technical Analysis: Greenback surges near 1.3400 key resistance

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above its 200 simple moving average (SMA).


USD/CAD 4-hour chart

  • USD/CAD is nearing strong resistance at the 1.3400 figure.


USD/CAD 30-minute chart

  • USD/CAD bulls will need a clear break above 1.3400 key figure before any bullish continuation towards 1.3440 resistance.
  • Support is at 1.3360, 1.3330 and 1.3310 support.

Additional key levels

 

Apr 15, 2019

USD/CAD jumps to daily highs near 1.34 after BoC's dismal Business Outlook Survey

The USD/CAD pair gained more than 70 pips in a matter of minutes in the last hour and came within a touching distance of the 1.34 handle after the loo
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Apr 15, 2019

Oil Technical Analysis: WTI starts the week with a slump towards $63.00 a barrel

Oil daily chart WTI is trading in a bull trend above its main simple moving averages (SMAs). Oil 4-hour chart Crude oil WTI is trading below its main
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