Market Conditions for CADUSD as at Sep 24, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Canadian Dollar/US Dollar
Canadian Dollar/US Dollar ProfileThe Canadian Dollar/US Dollar (CAD/USD) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. CAD is the base currency and USD is the quote currency, meaning that 1 Canadian Dollar was worth 0.7484 US Dollar at the end of the New York trading session on Thursday, 0.19% more than at the previous close.
Technical Analysis Summary for Sept. 24, 2020
Though the forex pair is currently in a short-term downtrend, this might just be a correction, as both the medium and long-term trends are still bullish. Thursday's trading range has been 52 pips (0.7%), that's slightly above the last trading month's daily average range of 51 pips. Further selling could move prices lower should the market test August's nearby low at 0.7434.
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