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USD vs CAD - US Dollar/Canadian Dollar Daily Chart 3rd July 2009 (0)

Published on Fri, 3/07/09 | USD to CAD Daily Chart
USD vs CAD - Daily Chart For The USD to CAD Currency Pair 3rd July 2009

USD vs CAD - Daily Chart For The USD to CAD Currency Pair 3rd July 2009

As with several of the other major pairs the dollar to cad was a beneficiary of the market’s return to the US Dollar as equity markets suffered as a result of the dreadful NFP data in the US which fell below market expectations, taking the US unemployment rate to almost 10%.  The daily candle closed as a wide spread up bar finishing the session above all three moving averages and finding good support from the 14 day.  However, the high of the day failed once again to hold above the 1.165 region which is the fourth time in the last 2 weeks that this has occurred suggesting once again that this price point is proving a solid obstacle to any sustained rally higher.  Only a break and hold above the 1.18 region will now validate the rally further and it would seem unlikely that we will have any confirmation today owing to the national holiday in the US for Independence Day, and we therefore need to wait until early next week for any further signals as to whether this trend is likely to stall or will find some fresh legs from renewed Dollar strength.

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USD vs CAD - USD to CAD Daily Candle Chart 2nd July 2009 (0)

Published on Thu, 2/07/09 | USD to CAD Daily Chart
USD vs CAD - USD to CAD Daily Candle Chart 2nd July 2009

Despite the fact Canada was enjoying a national holiday yesterday, the usd to cad pair managed to provide some lively price action on the daily chart closing the day on a relatively wide spread down bar with the low of the day finding some support at the 14 day moving average.  Technically the current price [...]


USD to CAD - Daily Analysis Of The USD/CAD 1st July 2009 (0)

Published on Wed, 1/07/09 | USD to CAD Daily Chart
USD to CAD - Daily Analysis Of The USD/CAD 1st July 2009

Like many other currency pairs the future direction for the usd to cad depends to a great extent on the outcome of tomorrow’s NFP numbers and ECB interest rate decision.  In the meantime today has seen the release of the ADP figures which have come in far worse than expected at -473k against a forecast [...]


USD to CAD - USD vs CAD Daily Chart 30th June 2009 (0)

Published on Tue, 30/06/09 | USD to CAD Daily Chart
USD to CAD - USD vs CAD Daily Chart 30th June 2009

The usd to cad pair is currently finding it hard work to break through the 1.16 price region and for the sixth day in a row the closing price of the day failed to hold above this technically important level.   Whilst the moving averages are suggesting a move higher, particularly with the 40 day having [...]


USD to CAD - Daily Chart US Dollar vs Canadian Dollar 29th June 2009 (0)

Published on Mon, 29/06/09 | USD to CAD Daily Chart
USD to CAD - Daily Chart US Dollar vs Canadian Dollar 29th June 2009

Whilst Friday’s candle added to the general sideways consolidation of earlier in the week for the usd to cad pair, the low of the day found strong support from the 9 day moving average, suggesting once again that this reversal has still got some “legs”.  With the 14 day now crossing back above the 40 [...]


US Dollar/Canadian Dollar - USD/CAD Daily Currency Chart 26th June 2009 (0)

Published on Fri, 26/06/09 | USD to CAD Daily Chart
US Dollar/Canadian Dollar - USD/CAD Daily Currency Chart 26th June 2009

The USD to cad pair has reached an interesting point in the recent rally from the lows of 1.08, as we now approach the first level of serious resistance since the upwards move began.  Following the strong move higher on Monday the price action of the remaining days has simply consolidated sideways in a relatively [...]


US Dollar vs Canadian Dollar - Daily Currency Rates 25th June 2009 (0)

Published on Thu, 25/06/09 | USD to CAD Daily Chart
US Dollar vs Canadian Dollar - Daily Currency Rates 25th June 2009

As suggested in yesterday’s market commentary for the usd to cad the pair duly obliged with a mildly bullish tone during the trading session which has followed through in this morning’s early trading with a further small rise in the US Dollar.  The candle from yesterday on the daily chart ended the session with a [...]


USD to CAD - Daily Currency Rates USD/CAD Chart 24th June 2009 (0)

Published on Wed, 24/06/09 | USD to CAD Daily Chart
USD to CAD - Daily Currency Rates USD/CAD Chart 24th June 2009

Following Monday’s widespread up bar and break through above both the 40 day and resistance at the 1.14 level, it was no surprise yesterday that trading was restricted to a relatively narrow range with the candle closing as a “spinning top” and with a red body.  The strong reversal to the upside  has now been [...]


USD to CAD - Daily Candle Chart 22nd June 2009 (0)

Published on Mon, 22/06/09 | USD to CAD Daily Chart
USD to CAD - Daily Candle Chart 22nd June 2009

Friday’s daily candle on the dollar to cad chart ended the week of sideways consolidation for this currency pair with a narrow spread candle and with a deep lower wick, and the only significant aspect of the trading session was that the low of the day seemed to find support once again from the 9 [...]


USD to CAD - US Dollar vs Loonie USD/CAD Daily Chart 19th June 2009 (0)

Published on Fri, 19/06/09 | USD to CAD Daily Chart
USD to CAD - US Dollar vs Loonie USD/CAD Daily Chart 19th June 2009

As with many other currency pairs the usd to cad continues to move sideways, albeit with a downwards bias, but in a very narrow trading range, with yesterday’s candle indicative of the current mood of the market ending the day as a doji with a small body.  The open high, low and close all finished [...]


US Dollar vs Canadian Dollar - USD/CAD Daily Chart 18th June 2009 (0)

Published on Thu, 18/06/09 | USD to CAD Daily Chart
US Dollar vs Canadian Dollar - USD/CAD Daily Chart 18th June 2009

Yesterday’s candle to the usd to cad daily chart may have signalled an end to the recent short squeeze higher and a possible resumption of the continued move lower.  Of particular interest was the high of yesterday which failed to break through the 40 day moving average which would suggest this now presents a barrier [...]


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USD CAD Weekly Candle Chart - 23rd March 2009

The relatively wide spread down bar of last week confirmed the bearish signal of the previous week which provided a shooting star candle with failure to penetrate the resistance at 1.30 once again.  Last week’s closing price finished just below the 9 week moving average and just above the 14 but with the two now [...]

USD to CAD Weekly Chart - 16th March 2009

A look at last week’s candle chart for the usd to cad currency pair confirms what we already know in that the 1.3000 handle is providing strong resistance to any move higher by the pair and this has been further confirmed by this morning’s price action with the pair falling back once again.  The candle [...]

USD CAD Weekly Candle Chart - 9th March 2009

The weekly candle chart for the usd to cad currency pair, reveals little new detail, other then to reinforce how important the 1.3000 region has now become, and that at move higher will have to break through this level. With three previous failed attempts to move higher we really do have to be patient and [...]

USD to CAD - Weekly Candle Chart 2nd March 2009

After several weeks of consolidation in a relatively narrow trading range as shown on the weekly chart, we could be seeing the first sign of a breakout to the upside this morning, with a gap up on the opening and a move higher, with the 1.2800 region now providing some solid support to any retest [...]

USD to CAD - Weekly Chart 16th February 2009

The usd to cad currency pair continue their inexorable consolidation move, with the pennant pattern on both the weekly and the daily chart becoming ever stronger. Last week saw yet another doji candle, with the upper wick touching the upper trend line, as for the week before. Until we see a breakout from this pattern [...]

USD to CAD - Weekly Chart 9th February 2009

I have expanded the scale on this week’s usd to cad chart to highlight the strong pennant pattern which is now forming, as a result of lower lows and lower highs on each candle of the last few weeks. This is now a strong signal that we can expect a breakout soon, with the point [...]

USD to CAD - Weekly Candle Chart February 2nd 2009

Technical analysis of the weekly candle chart for the usd to cad currency pair, tells us little I’m afraid that we don’t already know! The currency pair are trading sideways, and last week’s hanging man, following the shooting star has done nothing to clarify the direction for the next few weeks, other than more of [...]

USD to CAD Currency News

Canadian Dollar To Weaken Further As Labor Market Falters - Daily FX
3 Jul 2009 at 8:11pm

Canadian Dollar To Weaken Further As Labor Market Falters
Daily FX
At the same time, the BoC saw a risk for a prolonged... (show more)
US Dollar Range to Yield to Bullish Momentum Against Major Currencies (Daily FX)
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The US Dollar has been consolidating in narrow ranges against the major currencies, but positioning is favoring a str... (show more)
Little NA Action, Data from Europe Mixed - HoweStreet.com
3 Jul 2009 at 6:25pm

Little NA Action, Data from Europe Mixed
HoweStreet.com
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Currency Market Afternoon Summary - 3rd July 2009
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Weekly Classical Technical Outlook: Euro & Aussie 100-Week SMAs to be Watched...
3 Jul 2009 at 4:23pm
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USD/CAD Daily Outlook - International Business Times UK
3 Jul 2009 at 1:50pm

USD/CAD Daily Outlook
International Business Times UK
While rebounded strongly, USD/CAD is still limited below 1.1653 a... (show more)
The USD/CAD rose from 1.1496 to 1.1630 at its closing - FXstreet.com The Fore...
3 Jul 2009 at 9:40am

The USD/CAD rose from 1.1496 to 1.1630 at its closing
FXstreet.com The Foreign Exchange Market
Driven by the bad US eco... (show more)
Currency Markets - Morning Trading Update 3rd July 2009
3 Jul 2009 at 9:09am
Currency Markets - Yesterday & Overnight Across the foreign exchange markets, the weaker than expected NFP payrolls d... (show more)
Currency Pair Overview Major Pairs Advanced Throughout The Asian ... - Forex ...
3 Jul 2009 at 5:49am

Currency Pair Overview Major Pairs Advanced Throughout The Asian ...
Forex Pros
The Cad (Usd/Cad) declined as much as 4... (show more)
Daily USDCAD Quick View - Forexrazor
2 Jul 2009 at 5:15pm

Daily USDCAD Quick View
Forexrazor
See no reason to carry a long USD short CAD over the weekend but would consider a sh... (show more)