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...
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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...
Hi And Welcome
Hello and welcome to another of my sites which is now being upgraded along with several others. This one is dedicated to news concerning the USD/CAD currency pair, and in particular looking at the currency pair, from a technical perspective. The site will be updated...