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Forex Market Daily Technical Analysis of USD/CAD

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.3950 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.3950 with first target at 1.3875 and second target at 1.3850 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: 1.3950 and Preferred situation is Bearish.

Forex Daily Support and Resistance Lines:

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

  • Resistance Level 3: 1.4000
  • Resistance Level 2: 1.3975
  • Resistance Level 1: 1.3950

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

  • Support Level 1: 1.3875
  • Support Level 2: 1.3850
  • Support Level 3: 1.3830

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 1.3950 with first target at 1.3875 and second target at 1.3850 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1.3950 with first target at 1.3975 and second target at 1.4000 in extension as take profits

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

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