Market Conditions for USDCAD as at Aug 07, 2020
Loading Market Conditions for USDCAD (US Dollar/Canadian Dollar)...
Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for US Dollar/Canadian Dollar
US Dollar/Canadian Dollar ProfileThe US Dollar/Canadian Dollar (USD/CAD) currency pair, also known as the Loonie is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. USD is the base currency and CAD is the quote currency, meaning that 1 US Dollar was worth 1.3383 Canadian Dollar at the end of the New York trading session on Friday, 0.57% more than at the previous close.
Technical Analysis Summary for Aug. 7, 2020
The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term. Friday's trading range has been 103 pips (0.77%), that's above the last trading month's daily average range of 81 pips. Buying could accelerate should prices move above the close-by swing high at 1.3451 where further buy stops might get activated.
Looking for CADUSD instead? Click here