The usd to cad continued to grind lower yesterday once again, ending the currency trading session with a narrow spread down candle, closing below all three moving averages and with a small wick to the lower body. The bearish move lower has been remorseless in...
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USD to CAD – Daily Chart 9th February 2010
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...
Factors Affecting USD to CAD – 2 Nov 2009
As the US dollar begins to fight back, so does the usd to cad pair, which closed on Friday with a wide spread up candle which reversed the losses of Thursday, probing deeper into the congestion area immediately ahead. Indeed, with the FOMC meeting this...
Factors Affecting USD to CAD – 22nd October 2009
Tuesday’s wide spread up candle for the usd to cad pair promised much, but yesterday’s long legged doji signalled that this was simply a short squeeze move, and as such was only a temporary reprieve for the usd to cad pair. Indeed this had already...
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...
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 – Daily Forex Analysis USD to CAD 24 August 2009
Forex Technical Analysis Friday’s wide spread down bar finished off the week for the usd to cad in bearish tone, making this the fourth straight day of losses for the pair. With the US dollar looking weak on the USD index, this momentum seems set...
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...
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...
