Is Stagnating Price Of The Canadian Dollar Facing on End what the past could tell us on usd cad future moves Canada is particularly vulnerable to monetary policy divergences with the Fed because its C/A deficit is predominantly financed by debt related flows, and these bonds are regarded as relatively close substitutes with USD fixed income instruments, The currency pair…
what the past could tell us on usdcad future moves I’m going to try and show you almost all methods you need for analyzing the usdcad , you also can read and see more sample on it ,in my blog history The Canadian dollar continues to climb, due the oil prices continue to rise as I mention my last post on the crude…
usdcad exchange rate forecast looney Strong support at 1.2960-1.3060 area was broke down day close below 1.2960 will confirm the next level at 1.2690-1.2720 area, while staying above 1.31 put the option for more correction to comes to 1.38 areawith stops at 1.33 1.35Cross up again 1.4030 meaning the bullish trend didn’t over yet,while break down 1.2630 area will target 1.19…
Where USD/CAD is Headed in the Next Round….USD/CAD LAST POST I’m not going to repeat my story, you can read this in the blog history just to give you quick update technical analysis on usd/cad prices The Canadian dollar continues to climb, due the oil prices continue to rise as I mention my last post on the crude oil the target will be around 40$, this…
What Wikipedia Can’t Tell You About USDCAD last post The Canadian dollar strengthened on last friday against us dollar. counterpart as crude oil prices and global stocks rallied. Crude oil prices rose up 4.11 percent to $34.43 a barrel as strong U.S. gasoline demand and hopes of opec action outweighed concerns over fundamental oversupply.usdcad made hugh movements the last yeras, from those who follow my…
Why usdcad is the key for the us trend from my last post: last post now we can see the pair is moving to the support area Break of 1.3460 resistance turned support is needed to be the first sign of medium term topping. from the other hand, it can stop on those levels and make a pull back to 1.42 area,…
crude oil technical analysis update From my last post:http://www.daytrade-profit.com/“from Looking on number of things, I get some other impressionsFor a long time, I analyze the relationship between the Canadian currency prices and oilI spoke about this correlation many times in recent years.now i see there two patterns who catch my eye:oil chart is in Type of building wedge, it could…
How The Situation Affects Usdcad USD/CAD the pic still positive but you should expect to see some more correction on the pair Break of 1.3000 level support last week was taken as a sign of trend reversal. That’s supported by strong resistance from a long term retracement level at 1.3460. below 1.2930 area the trend remains on the downside, further fall should be seen to…