USDCAD on the way to filling the price gap - H4

Tuesday, May 19, 2020 12:03 PM

Due to the prevailing conditions in the USDCAD currency pair in Nodar H4, we are witnessing a price movement in a range between the resistance line and the support range. The price of 4 times is incapable of breaking the resistance line and promises us a drop in price. On the other hand, we also have the price chat created on 2020.03.09, which is probably the price move in order to fill this price gap.

The most important support and resistance lines for USDCAD :

S3 : 1.3891

S2 : 1.3909

S1 : 1.3932

Pivot Points : 1.3951

R1 : 1.3974

R2 : 1.3993

R3 : 1.4016

USDCAD Technical Analysis:

Technical Indicators :

Up Signal :

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Descending signal :

RSI(14) 33.931

STOCH(9,6) 31.690

MACD(12,26) -0.002

ADX(14) 36.497Sell

CCI(14) -145.5161

Highs/Lows(14) -0.0084

Ultimate Oscillator 38.765

ROC -0.840

Bull/Bear Power(13) -0.0159

Moving Averages:

Up Signal :

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Descending signal :

MA5 1.3951

MA10 1.4025

MA20 1.4053

MA50 1.4033

MA100 1.4042

MA200 1.4060

R3 : 1.4218