USD/CAD Bearish Momentum With A 1% Slide In The Last 10 Sessions

(VIANEWS) – USD/CAD (USDCAD) has been up by 1.17% for the last 10 sessions. At 11:06 EST on Tuesday, 5 December, USD/CAD (USDCAD) is $1.36.

USD/CAD’s yearly highs and lows, it’s 3.613% up from its 52-week low and 2.361% 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 0.22%, a negative 0.09%, and a positive 0.28%, respectively.

USD/CAD’s highest amplitude of average volatility was 0.32% (last week), 0.26% (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

  • According to FXStreet on Monday, 4 December, "This, in turn, should cap the USD/JPY pair near the 100-day SMA support breakpoint, currently pegged near the 147.30-147.35 region. ", "This, in turn, warrants some caution before confirming that the USD/JPY pair has formed a near-term bottom and positioning for further gains."
  • Usd/jpy analysis: strong oversold levels – 04 December 2023. According to DailyForex on Monday, 4 December, "As a result, USD/JPY appears to be moving near overbought levels of the RSI on the 14-hour frame. ", "In the long term, according to the performance on the daily chart, it appears that the USD/JPY currency pair is trading within a descending channel. "
  • According to FXStreet on Monday, 4 December, "The USD/JPY is stuck in place near 147.20, mostly flat in the early Tuesday market session. "
  • According to FXStreet on Sunday, 3 December, "At the time of writing, the USD/JPY pair is trading around 146.43, down 0.32% on the day."

More news about USD/CAD (USDCAD).

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