(VIANEWS) – USD/CAD (USDCAD) is currently on bullish momentum. At 03:06 EST on Monday, 19 July, USD/CAD (USDCAD) is at 1.2682, 0.579% up since the last session’s close.

USD/CAD (USDCAD) Range

About USD/CAD’s daily highs and lows, it’s 0.659% up from its trailing 24 hours low of $1.26 and 0.483% up from its trailing 24 hours high of $1.26.

USD/CAD’s yearly highs and lows, it’s 5.613% up from its 52-week low and 6.743% down from its 52-week high.

Volatility

USD/CAD’s last week, last month’s, and last quarter’s current volatility was 0.36%, 0.13%, and 0.64%, respectively.

USD/CAD’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.62% (last week), 0.61% (last month), and 0.64% (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).

Last news about USD/CAD (USDCAD)

Usd/cad: risk reversal braces for strongest run-up since March. According to FXStreet on Friday, 16 July, "The moves could be linked to the USD/CAD price performance that also prints a three-week uptrend, despite recently easing from a three-month high to 1.2573."

Usd/cad remains depressed below 1.2600 mark, downside seems limited. According to FXStreet on Friday, 16 July, "The USD/CAD pair remained on the defensive through the first half of the European session and was last seen hovering near the lower end of its daily trading range, around the 1.2570 region.", "This, along with the US bond yields and the broader market risk sentiment, might influence the USD and provide some impetus to the USD/CAD pair. "

Usd/cad continues to move sideways below 1.2600 after US and Canada data. According to FXStreet on Friday, 16 July, "The USD/CAD pair rose sharply and touched its highest level since April 21 at 1.2615 on Thursday before going into a consolidation phase on Friday. ", "On the other hand, the US Dollar Index is rising 0.13% on the day at 92.68, not allowing USD/CAD to push lower. "

Usd/cad rises to fresh three-month high above 1.2600 on firmer usd, downbeat WTI. According to FXStreet on Monday, 19 July, "It’s worth noting that the weakness in prices of Canada’s main export item crude also propels the USD/CAD prices. ", "Looking forward, a light calendar requires USD/CAD traders to keep their eyes on oil price moves and market sentiment for fresh impulse."

News about EUR/USD

According to DailyForex on Sunday, 18 July, "For the month of July, we forecasted that the EUR/USD currency pair will fall in value, while the USD/JPY currency pair will rise in value. "

Eur/usd remains under pressure around 1.1800. According to FXStreet on Friday, 16 July, "The selling pressure remains well and sound around the shared currency and drags EUR/USD back to the 1.1800 neighbourhood at the end of the week.", "The resumption of the downside in EUR/USD challenges the 1.1800 with rising bets for another visit to monthly lows in the 1.1770/80 band in the not-so-distant future. "

More news about USD/CAD (USDCAD).

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