Tag Archives: canadian dollar

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.

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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.
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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

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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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Near-term downtrend for Canadian dollar

Canadian dollar breached support at $0.7550
Canadian Dollar Daily Chart

Canadian Dollar Daily Chart

Reference a past post 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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Major support for the Canadian dollar is $0.7550

Which is close to the 200-day simple moving average
Near-term downtrend for the Canadian dollar.

Canadian Dollar Daily Chart

http://business.financialpost.com/investing/trading-desk/loonie-rally-is-over-and-the-currency-is-heading-back-to-low-70s-says-analyst

______________________________

“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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Strong day for the Canadian dollar courtesy of the Fed

Dovish Fed = lower interest rates + lower U.S. dollar +  higher commodities = Higher Canadian dollar

Canadian Dollar 6-Month Daily Chart

Canadian Dollar 6-Month Daily Chart

Reference the last post for the Canadian dollar. published on march 9, 2016

______________________________

“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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