Tag Archives: canadian dollar

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.

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“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.

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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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Near-term uptrend for the Canadian dollar

Canadian dollar testing resistance at the 200-day moving average. A breakout above resistance would indicate an intermediate target of $0.7800

Canadian Dollar 6-month candlestick chart showing the near-ter uptrend with resistance at the 200-day simple moving average.

Canadian Dollar 6-Month Candlestick Chart

The loonie rose by almost a penny against the U.S. dollar on Wednesday, as oil resumed its climb and the Bank of Canada kept interest rates unchanged. Read the rest of the story………………

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“If you dither, you lose”

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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Canadian dollar closes at $0.7149

All 3 trends are down! Where is the bottom? $0.6900?
Canadian Dollar 5-Year Chart

Canadian Dollar 5-Year Chart

Reference the last chart analysis for the Canadian dollar published December 17, 2015.

______________________________

“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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Canadian dollar closes at $0.7174

Major Trend is down! Where is the next support level?
Canadian dollar closes at $71.74

Canadian Dollar 6-Month Chart

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You pick the next support level? $69.00?
Canadian Dollar Long-Term Chart 1982-2015

Canadian Dollar Long-Term Chart 1982-2015

______________________________

“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.

© 2015 TradeOnline.ca

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Canadian dollar closes below major support of $0.7450

Canadian Dollar 5-Year Weekly Chart

Canadian Dollar 5-Year Weekly Chart

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Support level on the daily chart published November 23, 2015

Canadian dollar 6 month daily chart

Canadian Dollar 6-Month Daily Chart

______________________________

“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.

© 2015 TradeOnline.ca

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