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USD/CAD Bullish By 1% In The Last 10 Sessions

ViaNews Editorial Team

October 9, 2023

USD/CAD Bullish By 1% In The Last 10 Sessions

(VIANEWS) - USD/CAD (USDCAD) has been up by 1.55% for the last 10 sessions. At 05:06 EST on Monday, 9 October, USD/CAD (USDCAD) is $1.37.

USD/CAD's yearly highs and lows, it's 4.339% up from its 52-week low and 2.226% down from its 52-week high.

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

  • Usd/jpy holds above 149.00 mark, upside remains capped on Israeli-palestinian conflict. According to FXStreet on Monday, 9 October, "In the meantime, speculations that Japanese authorities will intervene in the FX market to prop up the domestic currency contribute to capping the gains for the USD/JPY pair. ", "This, in turn, holds back the USD bulls from placing fresh bets and caps the upside for the USD/JPY pair. "

More news about USD/CAD (USDCAD).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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