Home » Archive by category "usd to cad rate forecast" (Page 17)

USD to CAD – 17th February 2009

More sideways action yesterday, not helped by the fact that both markets were closed. The main fundamental news out today is due shortly in the US with the release of the TIC figures which hopefully will bring some volatility to the usd to cad pair.

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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...

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USD to CAD – 13th February 2009

As you can see from the chart, there is still no break from the continuing move, with lower highs and higher lows creating the perfect pennant patten which is impossible to trade at the moment, so we have to be patient. With the G7 meeting...

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