Home » Posts tagged "usd vs cad" (Page 7)

USD CAD Weekly Candle Chart – 23rd March 2009

The relatively wide spread down bar of last week confirmed the bearish signal of the previous week which provided a shooting star candle with failure to penetrate the resistance at 1.30 once again.  Last week’s closing price finished just below the 9 week moving average...

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USD to CAD – Daily Candle Chart 19th March 2009

Yesterday’s wide spread down bar confirmed several things simultaneously.  First, the closing price breached the 40 day moving average with all three moving averages now pointing to a move lower.  Second, this candle confirmed the strong bearish tone to the usd to cad pair which...

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USD to CAD Weekly Chart – 16th March 2009

A look at last week’s candle chart for the usd to cad currency pair confirms what we already know in that the 1.3000 handle is providing strong resistance to any move higher by the pair and this has been further confirmed by this morning’s price...

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