(VIANEWS) – USD/CAD (USDCAD) has been up by 1.88% for the last 21 sessions. At 00:06 EST on Monday, 29 January, USD/CAD (USDCAD) is $1.35.
USD/CAD’s yearly highs and lows, it’s 2.742% up from its 52-week low and 3.182% down from its 52-week high.
Volatility
USD/CAD’s last week, last month’s, and last quarter’s current intraday variation average was 0.23%, 0.12%, and 0.25%, respectively.
USD/CAD’s highest amplitude of average volatility was 0.34% (last week), 0.21% (last month), and 0.25% (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 weekly forecast: incremental trend lower persists as traders fret – 28 January 2024. According to DailyForex on Sunday, 28 January, "Speculators should not be surprised if the EUR/USD touches the 1.08100 to 1.07950 marks below as lower support levels.", "The currency pair may appear oversold, but the current price range of the EUR/USD may be seen as fair market equilibrium for the time being. "
- Eur/usd remains under pressure below 1.0850, German GDP data eyed. According to FXStreet on Monday, 29 January, "This, in turn, might exert some selling on the Euro (EUR) and act as a headwind for the EUR/USD pair."
More news about USD/CAD (USDCAD).
