Thursday, October 15, 2026

Technicals

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FxWirePro: USD/CAD regains upwards momentum, eyes 1.3300 levels

The USD/CAD pair inched higher on Thursday as crude oil prices declined, with the currency pair pulling back from daily lows hit in the early in the Asian session. The pair hit low at 1.3098 before recovering to trade ar…

By Keith Miller
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • The USD/CAD pair inched higher on Thursday as crude oil prices declined, with the currency pair pulling back from daily lows hit in the early in the Asian session.
     
  • The pair hit low at 1.3098 before recovering to trade around 1.3176 levels in the early US session.
     
  • As long the pair trades above strong support located at 1.3000 levels, the ongoing bullish trend for the pair is set to continue.
     
  • The immediate support can be seen at 1.3130, break below this level will expose the pair to next support level at 1.3067.
     
  • Major resistance can be seen at 1.3195, break above this level will expose the pair towards 1.3241 levels.

    Resistance Levels

    R1: 1.3195 (38.2% Retracement level)

    R2: 1.3241 (July 26th high)

    R3: 1.3271 (23.6% Retracement level)

    Support Levels

    S1: 1.3130 (50% Retracement level)        

    S2: 1.3067 (61.8% Retracement level)

    S3: 1.3000 (Psychological levels)

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By FxWirePro Team