USD/CAD Analysis

USD/CAD Analysis
- US Dollar vs Canadian Dollar -
(Forex Currency Pair Analysis)


USD/CAD Chart - TimeFrame: 4h USD/CAD

Others Currency Pair Analysis






USD/CAD Analysis
USD -> US Dollar -> Currency of United States of America
CAD -> Canadian Dollar -> Currency of Canada

The USD/CAD Currency pair represents the value of 1 US Dollar in Canadian Dollar.
The Technical Analysis of USD/CAD Currency Pair is a study of the charts using different indicators and Chart Patterns. The following Forex Analysis is made on a 4 hours TimeFrame of the USD/CAD Currency Pair. Each day, at 9h CET, The USD/CAD Currency Pair is analyzed by our team.
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Updated the:
05/18/2012
USD/CAD Technical Analysis comments :

Sentiment :
sentiment sur la parité EUR/CHF
1.01
sentiment sur la parité EUR/CHF
1.0050
sentiment sur la parité EUR/CHF
The pair USD/CAD has continued its bullish movement and the breakout of 1.0150 and 1.02 both gave us a new buy signal.
The pair got out of its bullish channel from the top (black lines).
All indicators are bullish.
We continue to advise long positions as far as 1.01 is support.
The breakout of 1.0250 will give a new buy signal and will open the way towards 1.03.
In case of return below 1.01, we will be neutral between this level and 1.0050.
The breakout of 1.0050 will give a sell signal.

Chart of the pair USD/CAD - Timeframe 4H - Zoom in :
USD/CAD Technical Analysis
 
Chart of the pair USD/CAD - Timeframe 4H - Zoom out:
USD/CAD Technical Analysis




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