USD/CAD Went Up By Over 2% In The Last 21 Sessions

(VIANEWS) – USD/CAD (USDCAD) has been up by 2.81% for the last 21 sessions. At 08:06 EST on Monday, 13 November, USD/CAD (USDCAD) is $1.38.

USD/CAD’s yearly highs and lows, it’s 5.546% up from its 52-week low and 0.54% down from its 52-week high.

Volatility

USD/CAD’s last week, last month’s, and last quarter’s current intraday variation average was 0.27%, 0.03%, and 0.26%, respectively.

USD/CAD’s highest amplitude of average volatility was 0.27% (last week), 0.29% (last month), and 0.26% (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 sees halting gains for Friday, trying to climb back into 1.07. According to FXStreet on Saturday, 11 November, "Despite still being down over 5% from July’s peaks near 1.1275, the EUR/USD pair has been steadily grinding higher from early October’s swing low into 1.0450.", "The EUR/USD has been capped off by the 200-day Simple Moving Average (SMA) near 1.0800, with a bearish 50-day SMA putting a floor underneath prices, leaving the pair strung in the middle as prices consolidate between the moving averages."
  • Eur/usd: weekly forecast 12th November – 18th November – 12 November 2023. According to DailyForex on Sunday, 12 November, "S inflation numbers come in weaker than anticipated this could also be a catalyst for the EUR/USD to gain some momentum. ", "For the EUR/USD to achieve the 1.08000 level this week, the U.S. would likely have to have weaker CPI and Retail Sales numbers, and risk appetite would likely have to show more teeth in the global markets."
  • Eur/usd holds below 1.0700, investors await US cpi, eurozone GDP data. According to FXStreet on Monday, 13 November, "The EUR/USD pair kicks off the week in a positive mood during the early Asian trading hours on Monday. "

More news about USD/CAD (USDCAD).

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