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

(VIANEWS) – USD/CAD (USDCAD) has been up by 1.95% for the last 21 sessions. At 12:14 EST on Tuesday, 28 November, USD/CAD (USDCAD) is $1.36.

USD/CAD’s yearly highs and lows, it’s 3.827% up from its 52-week low and 2.16% 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 0.18%, a negative 0.07%, and a positive 0.28%, respectively.

USD/CAD’s highest amplitude of average volatility was 0.18% (last week), 0.29% (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

  • Analysis of the US dollar against the Japanese yen usd/jpy :the chance of returning to its record levels – 27 November 2023. According to DailyForex on Monday, 27 November, "The USD/JPY pair then rebounded upwards again, gaining up to the resistance level of 149.74, the closest point to the psychological resistance of 150.00, which often supports the strong control of the bulls over the currency pair. ", "As a result, it seems that the USD/JPY pair is moving near overbought levels of the 14-hour Relative Strength Index. "
  • Usd/jpy forecast: find buyers underneath – 27 November 2023. According to DailyForex on Monday, 27 November, "The support at the 50-Day EMA and the ¥147.80 level, combined with the favorable interest rate differential and the dollar’s safe-haven appeal, all contribute to a bullish outlook for the USD/JPY pair. ", "Leveraging the Persistent Strength of the USD/JPY PairA breakthrough above the ¥152 level would set the stage for the next target at the ¥155 level."
  • According to FXStreet on Tuesday, 28 November, "Apart from this, concerns about a global economic downturn benefit the safe-haven JPY and exert some downward pressure on the USD/JPY pair.", "This, along with speeches by influential FOMC members, will drive the USD demand and provide some impetus to the USD/JPY pair later during the North American session."
  • Usd/jpy extends the range-bound theme around 149.50 ahead of the US housing data. According to FXStreet on Monday, 27 November, "The USD/JPY pair maintains the multi-session range-bound theme unchanged around the mid-149.00s during the early Asian session on Monday. ", "In the absence of top-tier economic data released from the Japanese docket this week, the USD/JPY pair remains at the mercy of USD price dynamics. "

More news about USD/CAD (USDCAD).

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