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USD/CAD Bearish By 1% In The Last 21 Sessions

(VIANEWS) – USD/CAD (USDCAD) has been up by 1.85% for the last 21 sessions. At 01:08 EST on Tuesday, 2 January, USD/CAD (USDCAD) is $1.32.

USD/CAD’s yearly highs and lows, it’s 1.138% up from its 52-week low and 4.693% 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 0.02%, a negative 0.11%, and a positive 0.27%, respectively.

USD/CAD’s highest amplitude of average volatility was 0.19% (last week), 0.26% (last month), and 0.27% (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

  • Eur/usd forecast: January 2024 – 01 January 2024. According to DailyForex on Monday, 1 January, "The mid-term outlook for the USD has become weaker, and many financial institutions likely believe the EUR/USD may be undervalued if it is trading below the 1.10000 level.", "S inflation data came in weaker than expected, which set off more buying of the EUR/USD and a test of the 1.10400 ratio on the 22nd of December."

More news about USD/CAD (USDCAD).

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