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...
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...
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,...
USD to CAD – Forex Chart 25th September 2009
The usd to cad currency pair were another of the majors to benefit from some strong buying of the US dollar yesterday following the markets reaction to the FOMC meeting on Wednesday, and as a result the pair closed the trading session with a wide...
USD to CAD : Daily Forex Analysis 24 Sep 2009
Forex Technical Analysis : USD to CAD The usd to cad continues to try to establish a base at the 1.06 – 1.07 price level, with yesterday’s up candle reversing the move lower of Tuesday, and helped by the FED statement which suggested that the...
USD to CAD – Weekly Chart 23rd September 2009
Forex Trading Analysis : CAD Currency An interesting period for the usd to cad currency pair, which is now struggling to find some support in the 1.065 price level, before descending lower once again and back towards parity, a level last seen in August 2008....
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 – Forex Anlaysis 4th September 2009
Forex Technical Analysis The usd to cad daily chart is once again delicately balanced as the forex pair try to recover and rally higher, following the steep falls of the summer months, with yesterday’s candle making a brave attempt to find some support in an...
Daily Forex Analysis – USD to CAD 1st September 2009
Forex Technical Analysis Yesterday’s candle on the usd to cad daily chart, suggested that the recent attempt to rebase and squeeze higher may have come to an abrupt halt, as the forex trading session closed with a bearish shooting pattern. The upper wick of the...
Forex Trading Analysis – USD to CAD Chart 31st August 2009
Forex Technical Analysis Forex analysis of the USD to CAD daily chart is giving us some mixed forex trading signals at the moment, with Friday’s candle suggesting a bullish tone, whilst in contrast Thursday’s bar indicated a bearish sentiment in the market. If we start...