Yesterday’s daily chart for the usd to cad pair hinted at the dollar carnage that we are currently witnessing with yesterday’s candle ending the session as a wide spread down bar closing well below both the 9 and 14 day moving averages but marginally above...
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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 – Daily Candle Chart USD/CAD 13th July 2009
As with many other currency pairs the dollar to cad continues to consolidate sideways in an increasingly narrow trading range with Friday’s candle ending the session as a spinning top marginally above the 9 day moving average. The only items of fundamental news on the...
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 to CAD – US Dollar vs Canadian Dollar 7th July 2009
The usd vs cad, much like Sleeping Beauty, is waiting for Prince Charming to awaken it from its slumbers as once again we suffered another day of indecision and sideways consolidation. Today sees the release of two important pieces of fundamental news on the economic...
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 – US Dollar/Canadian Dollar Daily Chart 3rd July 2009
As with several of the other major pairs the dollar to cad was a beneficiary of the market’s return to the US Dollar as equity markets suffered as a result of the dreadful NFP data in the US which fell below market expectations, taking the...
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...
