Forex Trading Analysis – USD to CAD An interesting week for the usd to cad currency pair, which closed on Friday with a narrow spread up bar, topped with a deep lower shadow as the market attempted to rally late in the trading session, only...
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...
Forex Trading Analysis – USD to CAD 27th August 2009
Forex Technical Analysis Yesterday’s wide spread up bar on the usd to cad daily candle chart merely served to emphasise that the bullish engulfing candle of Tuesday was more than a simple short squeeze and therefore a move we need to consider with some degree...
Forex Analysis – USD to CAD Daily Chart 26th August 2009
Forex Technical Analysis As outlined in yesterday’s forex technical analysis for the usd to cad pair, we were expecting a small bounce, and this duly arrived as a relatively wide spread up bar which closed the session with a flat top to the candle, and...
Forex Analysis for Usd to Cad 21 August 2009
Forex Technical Analysis Yesterday’s price action on the usd to cad was a replay of the previous day in which the candle of the day ended the session as a down bar, albeit with a slightly shorter upper wick and the body sandwiched neatly between...
Forex Analysis – Chart Analysis USD/CAD 19th August 2009
Forex Technical Analysis The forex chart analysis for the usd to cad is particularly interesting today as it reinforces the bearish picture outlined in yesterday’s market commentary. The candle for the day ended the forex trading session with a deep upper wick and narrow body...
Forex Chart Analysis – Forex Trading Analysis USD to CAD 18th August 2009
Forex Technical Analysis Today’s forex analysis for the usd to cad pair starts with the candle which replicated that of Monday in that it ended the trading session on a narrow spread body but with a deep upper wick, the only difference between the two...
Forex Trading Analysis – USD to CAD Forex Chart 18th August 2009
Forex Technical Analysis Yesterday’s rally in the dollar cad pair was somewhat muted given the sharp sell off in equities and commodities as the session ended on narrow spread up bar with a deep upper wick suggesting a move that lacks conviction, a view reinforced...