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Forex Market Daily Technical Analysis of USD/CAD

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4160 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.4160 with first target at 1.4210 and second target at 1.4230 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: 1.4160 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: —
  • Resistance Level 2: 1.4230
  • Resistance Level 1: 1.4210

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

  • Support Level 1: 1.4160
  • Support Level 2: 1.4135
  • Support Level 3: 1.4110

Forex Trading Signals:

Our Preferred Senario is Long Positions (Buy) above 1.4160 with first target at 1.4210 and second target at 1.4230 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.4160 with first target at 1.4135 and second target at 1.4110 in extension as take profits

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

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