USD/CAD Technical Commentaries

FOREX Analysis: Australian Speculative Traders at Record Long Position

The COT Index is the difference between net speculative positioning and net commercial positioning measured. A light blue colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bullish) with speculators selling and commercials buying.

By Jamie Saettele | Dec 10 | DailyFX

US Dollar Trend Followers Flip to Short after Decline

The COT Index is the difference between net speculative positioning and net commercial positioning measured.

By Jamie Saettele | Oct 08 | DailyFX

USDCAD: Trading Canada’s Employment Report

Canada is expected to add another 5.0K jobs in May and the ongoing improvement in the labor market may increase the appeal of the Canadian dollar as it raises the scope for a rate hike. Although the Bank of Canada kept the benchmark at 1.

By David Song | Jun 08 | DailyFX

Euro and Australian Dollar Positioning are Extremely Stretched

By Jamie Saettele | Jun 05 | DailyFX

Mid-Week Forex Forecast For May 31

The Aussie dropped precipitously today on a surprise negative retail sales number to post a 6-month low settlement.

By Jay Norris | May 31 | IBUniversity

AUDUSD Nears Trendline, USDCAD Support Closer to 9900

IN GENERAL - Work down from larger degrees of trend. Markets (crude, copper, equities especially small caps, and commodity FX) are on the way down after forming multiyear topping patterns. Many of these topping patterns take the form of head and shoulders tops. Strength should be sold.

By Jamie Saettele | May 11, 2012 | DailyFX

What to Do with the USDCAD at 2012 Lows

April was choppy and difficult to navigate. May ideally ushers in better conditions. Continue to watch the Yen crosses, as many are near/at their 50% retracements from the February lows. The EUR, CAD, AUD, and USD are heavy on event risk this week.

By Jamie Saettele | Apr 30, 2012 | DailyFX

Dollar Breaks Down; Canadian Dollar of Interest across the Board

I've been here many times before; plagued by false breaks in the direction of the US Dollar only to see markets move quickly towards USD weakness and continue in that direction for several big figures, and usually farther than most think possible. In the current environment of central bank meddling, the USD bottoms at the end of credit inflation and the USD tops at the end of credit deflation.

By Jamie Saettele | Apr 27, 2012 | DailyFX

Daily Technical Levels Oil, Gold, EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF

The Reserve Bank of Australia has left the cash rate at 4.25 per cent after its April board meeting on Tuesday. The local currency was trading at 104.55 US cents at 1429 AEST just before the decision was announced, and fell to 104.15 US cents.

By Shayne Heffernan | Apr 03, 2012 | LiveTradingNews

USD/CAD: Trading Canada’s Retail Sales Report

Household spending in Canada is expected to contract 0.1% after expanding 0.3% in November, and the slowdown in private sector consumption may drag on the exchange rate as the development dampens the outlook for future growth.

By David Song | Feb 21, 2012 | DailyFX

USD/CAD Elliott Wave Count for February 16, 2012

The USD/CAD pair was trading in a upward move yesterday, in a early European session this major pair tested 50 EMA 2 time before a price broke above the 200 EMA resistance line.Today in a Asian session price continued in a bullish mood and price reached a new high at the 1.0030 level, in a European session price continued to push reaching the 1.0050 level.We are expecting to see breaking to the 0.

By Nicola Delic | Feb 16, 2012 | Instaforex

USD/CAD Forecast January 24, 2012, Technical Analysis

USD/CAD fell on Monday as the oil markets got a bit of a boost by the passing of sanctions by the EU on Iranian oil. Of course, this doesn't really take effect until July 1, but none the less, there was a reaction to this in the oil pits.

Jan 24, 2012 | FXEmpire

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