Home » Archive by category "usd to cad rate forecast" (Page 15)

USD to CAD – Daily Candle Chart 26th March 2009

With no direct fundamental news relating to the Canadian the market will look to the US instead and, in particular, the unemployment figures, final GDP figures, natural gas storage numbers and, of course, probably another foot in mouth appearance by the increasingly gormless Geithner.   The...

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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...

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USD to CAD – Daily Candle Chart 19th March 2009

Yesterday’s wide spread down bar confirmed several things simultaneously.  First, the closing price breached the 40 day moving average with all three moving averages now pointing to a move lower.  Second, this candle confirmed the strong bearish tone to the usd to cad pair which...

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USD to CAD – Candle Chart 17th March 2009

17th Following the down bar of Friday this sentiment was repeated yesterday with another down day but with the opening gapped up making the fall less pronounced than otherwise would have been the case.  It is interesting to note that on both days the low...

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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...

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