An interesting day on the usd to cad daily candle chart yesterday, with the currency pair finishing the day with a long legged doji, indicative of indecision and therefore a possible turning point. What is particularly interesting about this candle is that the low of...
Home » Posts tagged "Bank of Canada"
USD to CAD – Daily Candle Chart 23rd July 2009
The small hammer candle that we saw on the daily chart for the usd to cad on Tuesday, failed to validate on Wednesday, with yesterday’s candle ending the trading session lower and with small shadows to both top and bottom. However, the speed of the...
USD to CAD – USD/CAD Daily Candle Chart 22nd July 2009
Yesterday’s bullish hammer candle on the daily usd to cad chart, may be the signal for a short term reversal higher, following the sharp sell off in the pair in the last few days, but as always we need to wait for this signal to...
USD to CAD – Daily Candle Chart 21st July 2009
Yesterday’s down candle on the usd to cad daily chart, reinforced once again the bearish picture for the pair, with bar closing with a narrow body and small lower shadow, suggesting that there may still be some US dollar bulls in the market despite the...
USD to CAD – Daily Candle Chart USD/CAD 14th July 2009
At long last the usd to cad currency pair awoke from its slumbers yesterday ending the trading session with a wide spread down bar as the recent rally in the US Dollar of the last few weeks appears to have run out of steam, with...
USD to CAD – US Dollar vs Canadian Dollar Daily Chart 10th July 2009
The past two weeks for the USD/CAD has been characterized by a series of narrow spread trading days resulting in a collection of spinning tops and doji candles, of which yesterday was yet another example in this sideways consolidation. Having said that the trend does...
USD vs CAD – Daily Candle Chart USD/CAD 6th July 2009
Friday’s candle on the usd to cad chart provides us with little substance for analysis given that the US markets were closed for a national holiday and therefore trading volumes were thin and the markets somewhat muted. The sideways consolidation of the last two weeks...
USD vs CAD – USD to CAD Daily Candle Chart 2nd July 2009
Despite the fact Canada was enjoying a national holiday yesterday, the usd to cad pair managed to provide some lively price action on the daily chart closing the day on a relatively wide spread down bar with the low of the day finding some support...
USD to CAD – Daily Analysis Of The USD/CAD 1st July 2009
Like many other currency pairs the future direction for the usd to cad depends to a great extent on the outcome of tomorrow’s NFP numbers and ECB interest rate decision. In the meantime today has seen the release of the ADP figures which have come...
USD to CAD – USD vs CAD Daily Chart 30th June 2009
The usd to cad pair is currently finding it hard work to break through the 1.16 price region and for the sixth day in a row the closing price of the day failed to hold above this technically important level. Whilst the moving averages are...
