USD/CAD Down 3 Pips Over Past 4 Hours; in an Uptrend Over Past 90 Days
This imputes a buy/sell ratio of 0.72, which is bearish.
USDCAD
(Last Updated April 8, 2020)
Welcome to the news page for USDCAD. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of USDCAD:
20 Day Moving Average Direction: bearish
50 Day Moving Average Direction: bullish
100 Day Moving Average Direction: bullish
200 Day Moving Average Direction: bullish
How the Current USDCAD Rate Fares Relative to the Past Year?
The previous trading day saw USDCAD close at a rate of 1.4004. That means that relative to the past year, the rate of USDCAD is now closer to its 52 week high (1.46697) than its 52 week low (currently at 1.29517).To dig deeper and get the latest news on USDCAD, try the links below. You can also visit the MarketWatch or Investing.com pages on USDCAD for more news as well.
USD/CAD Up 33 Pips Over Past 4 Hours, 3 Day Down Streak Ended; in an Uptrend Over Past 90 Days
As for the rationale, technical traders seem to be citing the appearance of fibonacci and triangle technical patterns.
USD/CAD Down 29 Pips in Last 4 Hours; in an Uptrend Over Past 90 Days
This imputes a buy/sell ratio of 0.56, which is bearish.
USD/CAD Down 77 Pips in Last 4 Hours, in an Uptrend Over Past 30 Days; is Inching Close to 20 Day Average
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
USD/CAD Down 47 Pips Over Past 4 Hours, in a Downtrend Over Past 14 Days; Eyes 20 Day Average
Relative to other instruments in the forex asset class, usd/cad ranked 25th the day prior in terms of percentage price change.
USD/CAD Down 1 Pips in Last 4 Hours, 2 Day Down Streak Snapped; Pin Bar Pattern Appearing on Chart
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
USD/CAD Up 5 Pips in Last 4 Hours, in a Downtrend Over Past 14 Days; is Inching Close to 20 Day Average
It should be noted, though, that a trend in the opposite direction, going down, exists on the 14 day timeframe.
USD/CAD Up 23 Pips in Last 4 Hours, in an Uptrend Over Past 90 Days; is Inching Close to 20 Day Average
As for the rationale, technical traders seem to be citing the appearance of a channel technical pattern.
USD/CAD Up 1 Pips On 4 Hour Chart, in an Uptrend Over Past 30 Days; Eyes 20 Day Average
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time.
USD/CAD Up 64 Pips On 4 Hour Chart, Entered Today Up For the 3rd Day In A Row; in an Uptrend Over Past 90 Days
Relative to other instruments in the forex asset class, usd/cad ranked 8th the previous day in terms of percentage price change.