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US Dollar / Canadian Dollar

Friday, 15 January 2010 18:30 GMT | Written by Jamie Saettele

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Mar, 19 US Dollar / Canadian Dollar 03-19
Mar, 18 US Dollar / Canadian Dollar 03-18
Mar, 17 US Dollar / Canadian Dollar 03-17
Mar, 16 US Dollar / Canadian Dollar 03-16
Mar, 15 US Dollar / Canadian Dollar 03-15
Mar, 11 US Dollar / Canadian Dollar 03-11
Mar, 10 US Dollar / Canadian Dollar 03-10
Mar, 09 US Dollar / Canadian Dollar 03-09
Mar, 08 US Dollar / Canadian Dollar 03-08
Mar, 05 US Dollar / Canadian Dollar 03-05
Mar, 04 US Dollar / Canadian Dollar 03-04
Mar, 03 US Dollar / Canadian Dollar 03-03
Mar, 02 Canadian Dollar Strong; but Still above January Low
Mar, 01 US Dollar / Canadian Dollar 03-01
Feb, 24 US Dollar / Canadian Dollar Rally Confirms that Low is in Place 02-24
Feb, 23 Canadian Dollar and Oil are Vulnerable 02-23
Feb, 22 US Dollar / Canadian Dollar 02-22
Feb, 19 US Dollar / Canadian Dollar 02-19
Feb, 18 US Dollar / Canadian Dollar 02-18
Feb, 17 US Dollar / Canadian Dollar 02-17

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With the USDCAD failing to immediately extend losses below 10250, we must entertain the idea that the decline from the December high is an ending diagonal. The diagonal would potentially complete the entire decline from 13068.

Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Friday evenings), technical analysis of currency crosses on Monday, Wednesday, and Friday (Euro and Yen crosses), and intraday trading strategy as market action dictates at the DailyFX Forum. He is the author of Sentiment in the Forex Market. Follow his intraday market commentary and trades at DailyFX Forex Stream. Send requests to receive his reports via email to jsaettele@dailyfx.com.

DailyFX provides forex news on the economic reports and political events that influence the currency market.
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