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USD/CAD Is 2% Down In The Last 21 Sessions

(VIANEWS) – USD/CAD (USDCAD) has been up by 2.58% for the last 21 sessions. At 23:10 EST on Monday, 18 December, USD/CAD (USDCAD) is $1.34.

USD/CAD’s yearly highs and lows, it’s 2.337% up from its 52-week low and 3.563% down from its 52-week high.

Volatility

USD/CAD’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.32%, a negative 0.13%, and a positive 0.28%, respectively.

USD/CAD’s highest amplitude of average volatility was 0.35% (last week), 0.24% (last month), and 0.28% (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 overbought (>=80).

News about

  • Eur/usd price analysis: rebounds ahead of German data, holds above 1.0900. According to FXStreet on Monday, 18 December, "This shows a potential for an upward trend, which could influence the EUR/USD pair to break above the barrier to explore the major level at 1.1050.", "The technical indicators for the EUR/USD pair favor the prevailing upward movement. "
  • Eur/usd analysis: euro gives up its gains – 18 December 2023. According to DailyForex on Monday, 18 December, "Therefore, we expect the EUR/USD price to remain in its current path until the end of trading in 2023. ", "On the other hand, during the same timeframe, bullish control over the direction of the EUR/USD will not return without a return to the vicinity of the psychological resistance level at 1.1000."
  • According to FXStreet on Monday, 18 December, "The EUR/USD pair continues to trade modestly higher on the day at around 1.0920 following these comments."
  • Eur/usd seen falling towards 1.04 on a 12m horizon – danske bank. According to FXStreet on Monday, 18 December, "Combined with bearish USD year-end seasonality, this could provide some support to EUR/USD in the next months.", "Further out, we expect USD to regain strength and see EUR/USD falling towards 1.04 on a 12M horizon."

More news about USD/CAD (USDCAD).

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