Category Archives: Currencies

Canadian dollar to test major resistance around $0.8000

Intermediate uptrend for the Canadian dollar.

Canadian Dollar 3-year Weekly Chart

Reference my previous post from July 5, 2017 for the Canadian dollar.

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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Canadian dollar testing resistance around $0.7700

Major downtrend, intermediate uptrend and near-term uptrend. Is $0.8000 in the cards?

Canadian dollar chart showing the test at $0.7700

Canadian Dollar Daily Chart

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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Canadian dollar testing support again at $0.7400

Major trend is down with plenty of headwinds

Canadian dollar chart showing the near-term downtrend and the support test at 74

Canadian Dollar 7-Month Daily Chart

Reference the last chart analysis for the Canadian dollar when it had a little tailwind.

______________________________

“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Near-term uptrend for Canadian dollar

But, the major trend is down and  the intermediate trend is down for the Canadian dollar

Canadian Dollar 8-Month Daily Chart

Canadian Dollar 8-Month Daily Chart

Reference the last chart analysis for the Canadian dollar when it was testing major support at $0.7400.

Market News: Canadian dollar notches six-week high as Bank of Canada turns less dovish

______________________________

“Technical Analysis is about putting the probabilities on your side.”

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2017 TradeOnline.ca

Canadian dollar testing major support around $0.7400

Canadian dollar weekly chart showing major support around $0.7400

Canadian Dollar Weekly Chart

______________________________

“Technical Analysis is about putting the probabilities on your side.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2017 TradeOnline.ca

Have a great trading day. Any questions? Email [email protected]

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British pound testing major support

The major trend is down, the intermediate trend is down and the near-term trend is down for the British pound.

Reference the last chart analysis for the British pound.

______________________________

“Technical Analysis is about putting the probabilities on your side.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2017 TradeOnline.ca

Have a great trading day. Any questions? Email [email protected]

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Will the Canadian dollar test resistance of $0.80 in 2017?

The major trend is down for the Canadian dollar

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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