Tuesday’s wide spread up candle for the usd to cad pair promised much, but yesterday’s long legged doji signalled that this was simply a short squeeze move, and as such was only a temporary reprieve for the usd to cad pair. Indeed this had already...
Home » Posts tagged "Canadian dollar"
USD to CAD – Daily Forex Analysis 13th September 2009
Forex Technical Analysis A week of sideways consolidation for the usd to cad forex market, came to an end on Friday with yet another small doji candle, as the currency pair desperately try to rebase in the 1.07 price area, a feature we have seen...
USD to CAD – Daily Forex Analysis 7th September 2009
As we suspected towards the end of last week, the usd to cad forex pair finally ran out of steam and fell back exhausted at the effort to move higher, ending the forex trading session and week with a wide spread down bar which signalled...
Forex Trading Analysis – USD to CAD 25th August 2009
Forex Technical Analysis The usd to cad continued to move lower in the forex trading session today, but given the lack of fundamental news and thin trading volumes, lacked any conviction in the move, and indeed the market would seem to be ‘tired’, and lacking...
Forex Chart Analysis – Daily Forex Analysis USD to CAD 24 August 2009
Forex Technical Analysis Friday’s wide spread down bar finished off the week for the usd to cad in bearish tone, making this the fourth straight day of losses for the pair. With the US dollar looking weak on the USD index, this momentum seems set...
USD to CAD – USD vs CAD Daily Candle Chart 10th August 2009
Friday’ candle on the usd to cad daily chart, made a brave attempt to struggle higher once again, and to try to continue the short term reversal which was signalled on Tuesday with the gravestone doji candle. With such deep resistance ahead, this seems unlikely...
USD to CAD – Daily Chart For US Dollar vs Canadian Dollar 6th August 2009
An interesting day for the dollar to cad currency pair on the daily chart yesterday as, once again, an effort to rise by the US Dollar was promptly squashed by the Loonie Bulls. The trading session ended the day with prices marginally higher but with...
USD v CAD – US Dollar Canadian Dollar 5th August 2009
Yesterday’s comeback by the US Dollar against the Loonie is hardly surprising given the strength and depth of its recent fall with the pair ending the trading session on a bullish “gravestone” doji candle which is often the signal for a short term squeeze or...
USD vs CAD – Daily Chart For USD/CAD 4th August 2009
The usd to cad currency pair was yet another beneficiary of the current round of “dollar bashing” which was seen across the entire market yesterday. The commdollar pair finished the trading session on a wide spread down bar, having broken below the interim support level...
USD to CAD – Daily Analysis For Dollar CAD 3rd August 2009
Despite the fact that it was a national holiday in Canada today, the usd to cad was not protected from the further weakening in the US dollar which was felt across all the major currency pairs, as investor appetite for risk continued unabated, with the...
