The usd to cad forex pair continued to lurch higher again yesterday, closing with a narrow spread up candle with a deep lower wick which once again seemed to find some support from the 9 day moving average, a positive signal in the short term...
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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...
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 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 – 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...
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...
