Factors Affecting USD/CAD 19 Oct 2009

The poor old usd to cad, just like Lazarus, tried to rise from the dead on Friday, but was once again buried under the weight of the bearish sentiment for the US dollar, ending the week and the trading session marginally higher but with a...

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USD to CAD Trend 16 Oct 2009

The usd to cad managed to stage a small recovery yesterday, as it lurched higher from the depths of 1.02, ending the trading session with a narrow spread up bar but one with a wick to the upper body, suggesting that this may only be...

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Factors Affecting USD/CAD 14 Oct 2009

The USD to CAD pair finally broke the run of down days ending the session as a doji cross candle, suggesting we may see a reversal higher in today’s trading session as a result.  However, given the strength and depth of the overall move lower...

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USD to CAD – Dollar Cad Rates 12th October 2009

The usd to cad pair continue their inexorable slide towards parity ending Friday’s trading session with a another widespread down bar which merely confirmed once again the shooting star candle of the previous week which was the first signal of structural weakness at this price...

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USD CAD Chart Range 8 Oct 2009

The poor old usd to cad continues to fall as the systemic US dollar weakness shows no sign of abating, and although yesterday’s trading session ended with a small doji cross, this seems unlikley to be the portent for any significant change in direction for...

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USD to CAD Currency News 29 Sep 2009

As suggested in Friday’s market analysis for the usd to cad pair, the doji candle of Friday seemed to suggest that we were due for a reversal lower, which duly arrived in yesterday’s trading session, with the pair closing the day lower, and with a...

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USD to CAD Currency News 28 Sep 2009

A quiet end to the week for the usd to cad pair, which ended the trading session with a doji cross candle, with the open and close finishing neatly at the same price level.  After Thursday’s sharp rise and break above all three moving averages,...

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