Category Archives: Currencies

Near-term uptrend for Canadian dollar

Canadian dollar will test resistance at $0.7800

Near-term uptrend for Canadian dollar and will test $0.7800

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

Major downtrend continues for Euro and at major support

Major downtrend for Euro

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

Canadian dollar will test major support at $0.7300

Chart of the Canadian dollar showing major support around $0.7300

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

Near-term uptrend for the Japanese yen

The recent upswing in the Japanese yen can be attributed to recent stress in world markets. It is a safe haven currency for Japanese investors as money is repatriated from foreign markets. The yen could easily test resistance near 96.

Candlestick chart for the Japanese yen for a three year period.  Notice the upswing over the past three weeks.  There is a high probability it will test resistance at 96.

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

Major downtrend for Canadian dollar

I identified the major support zone. A breakdown at this zone could see a test around $0.6800

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

Canadian dollar breaks major support

A test at $0.7300 could be in the cards

Canadain dollar breaks major support

Reference the last post for the Canadian dollar.

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“Technical Analysis is about enjoying the ride and knowing the exit”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

Canadian dollar testing major support

______________________________

“Technical Analysis is about enjoying the ride and knowing the exit”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca