Home » Archive by category "usd to cad rate forecast" (Page 16)

USD to CAD – Daily Candle Chart 11th March

As we suspected in yesterday’s post the dollar CAD has once again failed to penetrate the 1.3000 region, making this the fourth time in the last five months that prices stalled at this level.  The daily candle finished with a widespread down bar with the...

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USD CAD Struggles To Clear Resistance

We were right to be cautious in our trading approach and despite a wide spread up bar yesterday once again we saw a failed attempt by the US dollar to hold above the 1.3 level and in early trading this morning the pair are trading...

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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...

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USD to CAD Consolidates – 6th March 2009

With yesterday’s wide spread up candle, and this morning’s down bar, it seems we are possibly entering yet another period of consolidation for the usd to cad currency pair, which will either result in break above the strong resistance at 1.3000 and a move higher,...

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USD to CAD – 3rd March 2009

This is a tough call! If you were brave you went long as suggested yesterday, and the day finished with a wide spread up bar, following the breakout to the upside after months of consolidation. The worry of course is the resistance directly above, at...

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