Market Conditions for USDCAD as at Jan 17, 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 1.3067 Canadian Dollar at the end of the New York trading session on Friday, 0.19% more than at the previous close.
Technical Analysis Summary for Jan. 17, 2020
While the Loonie is experiencing a short-term uptrend, this might just be a correction, as both the medium and long-term trends are still bearish. Friday's trading range has been 41 pips (0.31%), that's slightly below the last trading month's daily average range of 49 pips. Buying could speed up should prices move above the close-by swing high at 1.3079 where further buy stops might get triggered.
Looking for CADUSD instead? Click here