USD/CAD Bullish Momentum With A 1% Jump In The Last 10 Sessions

(VIANEWS) – USD/CAD (USDCAD) has been up by 1.23% for the last 10 sessions. At 00:06 EST on Tuesday, 30 July, USD/CAD (USDCAD) is $1.38.

USD/CAD’s yearly highs and lows, it’s 5.078% up from its 52-week low and 0.346% down from its 52-week high.

Volatility

USD/CAD’s last week, last month’s, and last quarter’s current intraday variation average was 0.13%, 0.04%, and 0.21%, respectively.

USD/CAD’s highest amplitude of average volatility was 0.13% (last week), 0.17% (last month), and 0.21% (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 extends upside above 1.0850, eyes on eurozone gdp, fed rate decision. According to FXStreet on Monday, 29 July, "The EUR/USD pair trades with mild gains around 1.0860 during the early Asian trading hours on Monday. "
  • Eur/usd price analysis: moves above 1.0850 toward the upper boundary of channel. According to FXStreet on Monday, 29 July, "A break below this level could exert downward pressure on the EUR/USD pair to navigate the region around the key level of 1.0670, potentially serving as a throwback support level.", "The EUR/USD pair could test a potential resistance at the upper boundary of the descending channel around the level of 1.0890, followed by the psychological level of 1.0900. "
  • Pure excitement in eur/usd – commerzbank. According to FXStreet on Monday, 29 July, "This week will be one of the most exciting weeks for EUR/USD in a long time, with the first estimate of euro area Q2 GDP due Tuesday, followed by euro area July inflation and the Federal Reserve (Fed) meeting on Wednesday, and US payrolls on Friday, Commerzbank’s FX analyst Michael Pfister notes."

More news about USD/CAD (USDCAD).

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