Home » Posts tagged "canadian dollar weekly chart" (Page 6)

USD to CAD – Daily Candle Chart 1st April 2009

Yesterday’s candle which closed marginally lower on the day nevertheless provided a modicum of bullish momentum to the existing, as I suggested, with prices initially falling and then recovering in the evening session to close well above all three moving averages.  Of particular note was...

Continue reading »

USD to CAD – Daily Candle Chart 26th March 2009

With no direct fundamental news relating to the Canadian the market will look to the US instead and, in particular, the unemployment figures, final GDP figures, natural gas storage numbers and, of course, probably another foot in mouth appearance by the increasingly gormless Geithner.   The...

Continue reading »

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...

Continue reading »

USD to CAD – February 6th 2009

If you are trying to trade the usd to cad pair at the moment, then more patience is required I’m afraid, as we wait for the breakout, which could come today as we have two sets of fundamental news, which will bring volatility to both...

Continue reading »