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Forex Market Daily Technical Analysis of USD/CAD

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4014 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.4014 with first target at 1.3938 and second target at 1.3924 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: 1.4014 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: 1.405
  • Resistance Level 2: 1.4037
  • Resistance Level 1: 1.4014

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

  • Support Level 1: 1.3938
  • Support Level 2: 1.3924
  • Support Level 3: —

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 1.4014 with first target at 1.3938 and second target at 1.3924 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1.4014 with first target at 1.4037 and second target at 1.405 in extension as take profits

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

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