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Forex Market Daily Technical Analysis of USD/CAD

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.3990 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.3990 with first target at 1.4060 and second target at 1.4105 in extension as take profits.
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Forex Daily Pivot Points and Market Situation:

Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.3990 and Preferred situation is Bullish.

Forex Daily Support and Resistance Lines:

Technical analysis of USD/CAD: Resistance Lines of Day in 30M Time Frame:

  • Resistance Level 3: 1.4130
  • Resistance Level 2: 1.4105
  • Resistance Level 1: 1.4060

Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:

  • Support Level 1: 1.3990
  • Support Level 2: 1.3955
  • Support Level 3: 1.3930

Forex Trading Signals:

Our Preferred Senario is Long Positions (Buy) above 1.3990 with first target at 1.4060 and second target at 1.4105 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.3990 with first target at 1.3955 and second target at 1.3930 in extension as take profits

Support and Resistance Levels and Pivot Points in Chart of USD/CAD

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