Yesterday’s candle on the usd to cad daily chart provided little in the way of direction for us as currency traders with the high of the day bouncing off the 9 day moving average and ending marginally below the 14 day moving average which have...
Home » Posts tagged "albert oil sands"
Trading Currencies – USD to CAD 7th April 2009
Wow – yesterday’s fundamental news on the economic calendar for the usd to cad pair came as a complete shock to the market (and me) coming in far worse than expected with building permits falling a whopping -15.9% against a forecast of -3.6% and with...
USD To CAD – Daily Candle Chart 6th April 2009
The hanging man and shooting star on last week’s daily chart for the usd to cad pair, was subsequently confirmed on Thursday with a widespread down bar and on Friday with a further down bar, the latter of which also included a long upper wick...
USD to CAD – Daily Candle Chart 2nd April 2009
Yesterday’s upthrust coming on the back of the hanging man of Tuesday suggests that the mild bullish bias of the last few days may have run its course even though the close finished above all three moving averages, and that the bearish reversal seen in...
USD to CAD – Daily Candle Chart 1st April 2009
Yesterday’s candle which closed marginally lower on the day nevertheless provided a modicum of bullish momentum to the existing, as I suggested, with prices initially falling and then recovering in the evening session to close well above all three moving averages. Of particular note was...
USD to CAD – Daily Candlestick Chart 31st March 2009
As I suggested in yesterday’s post the weekly hammer candle in the usd to cad chart did indeed provide the impetus for yesterday’s wide spread up bar which closed above all three moving averages but just failing to breach the 1.2650 region and closing marginally...
USD CAD – Daily Candle Chart 30th March 2009
The week ended on the daily candle chart for the usd to cad with an up bar with the close of the day marginally above the 9 day moving average which came as no great surprise following the three consecutive small doji candles. This up...
