USD/CAD Bullish Momentum With A 1% Jump In The Last 10 Sessions

(VIANEWS) – USD/CAD (USDCAD) has been up by 1.29% for the last 10 sessions. At 11:07 EST on Monday, 29 July, USD/CAD (USDCAD) is $1.39.

USD/CAD’s yearly highs and lows, it’s 5.354% up from its 52-week low and 0.281% down from its 52-week high.

Volatility

USD/CAD’s last week, last month’s, and last quarter’s current intraday variation average was 0.17%, 0.04%, and 0.20%, respectively.

USD/CAD’s highest amplitude of average volatility was 0.17% (last week), 0.17% (last month), and 0.20% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CAD’s Forex is considered to be oversold (<=20).

News about

  • Usd/jpy steadily climbs to 154.35 area amid risk-on mood, lacks follow-through buying. According to FXStreet on Monday, 29 July, "Hence, it will be prudent to wait for strong follow-through buying before confirming that the USD/JPY pair has bottomed out and positioning for an extension of the recent bounce from sub-152.00 levels, or the lowest since early May. ", "The USD/JPY pair attracts fresh buyers during the Asian session on Monday and jumps to the 154.35 regionin the last hour amid some repositioning trade ahead of this week’s key central bank event risks."
  • According to FXStreet on Monday, 29 July, "On the upside, the USD/JPY pair may test the "throwback support turned resistance" around 154.50. ", "A break below the lower boundary of the descending channel around the level of 153.00 could exert downward pressure, potentially pushing the USD/JPY pair to revisit May’s low of 151.86. "
  • According to FXStreet on Monday, 29 July, "In the last full week of April, the USD/JPY went up by almost 2.3% and continued to do so seamlessly into the start of the following week. "

More news about USD/CAD (USDCAD).

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