USDCAD

1.3124 -0.0013 (-0.10%) Watchlist
Daily technical analysis  candlestick chart for US Dollar/Canadian Dollar (USDCAD) as at Oct 23, 2020
Weekly technical analysis candlestick chart for US Dollar/Canadian Dollar (USDCAD) as at Oct 23, 2020
Monthly technical analysis candlestick chart for US Dollar/Canadian Dollar (USDCAD) as at Oct 23, 2020

Market Conditions for USDCAD as at Oct 23, 2020

Loading Market Conditions for USDCAD (US Dollar/Canadian Dollar)...

TQ Sentiment

Technical Forecast:
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See the overall Technical Analysis forecast for today.
Last 30 Days:

Support & Resistance

R2 1.3245
R1 1.3137
Latest Close 1.3124
S1 -
S2 -

TQ Trend

10-day
50-day
100-day

Pivot Points

S1 1.3102 R3 1.3204
S2 1.3081 R2 1.3183
S3 1.3051 R1 1.3153

Multi Time Period Price Performance for US Dollar/Canadian Dollar

Period Range Performance
1-Week
  • Today
     
    1.3081
    1.3238
-0.0102 (-0.77%)
1-Month
  • Today
     
    1.3081
    1.3420
-0.0177 (-1.33%)
1-Year
  • Today
     
    1.2952
    1.4669
0.0051 (0.39%)
YTD
  • Today
     
    1.2957
    1.4669
0.0133 (1.02%)

US Dollar/Canadian Dollar Profile

The 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 1.3124 Canadian Dollar at the end of the New York trading session on Friday, -0.10% less than at the previous close.
Technical Analysis Summary for Oct. 23, 2020
Though the market is experiencing a short-term uptrend, this could just be a correction, as both the medium and long-term trends are still bearish. Friday's trading range has been 51 pips (0.39%), that's below the last trading month's daily average range of 67 pips. Buying might speed up should prices move above the close-by swing high at 1.3177 where further buy stops could get activated.

Latest Technical Analysis Report:

USDCAD closes lower for the 2nd day in a row

Oct 23, 2020
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