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Article
Canadian Dollar Forecast Remains Bullish Against US Dollar
Thursday, 21 May 2009 14:19:23 GMT
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- Friday, 18 September 2009 15:14:27 GMT Canadian Dollar Forecast to Gain Further
- Thursday, 13 August 2009 14:51:32 GMT Canadian Dollar Expected to Gain vs. US Dollar
- Thursday, 30 July 2009 14:21:05 GMT Canadian Dollar Forecast to Gain vs. US Dollar
- Thursday, 16 July 2009 14:26:03 GMT Canadian Dollar Trades at Key Resistance
- Thursday, 02 July 2009 15:28:04 GMT Canadian Dollar Forecast Summarily Unclear Versus US Dollar
- Thursday, 04 June 2009 14:22:28 GMT Canadian Dollar Forecast Remains Bullish Against US Dollar
- Thursday, 28 May 2009 14:45:03 GMT Canadian Dollar Forecast Remains Bullish Against US Dollar
- Thursday, 14 May 2009 14:52:30 GMT Canadian Dollar Forecast Remains Bullish Against US Dollar
- Thursday, 07 May 2009 14:49:26 GMT Canadian Dollar Forecast Remains Bullish Against US Dollar
- Thursday, 30 April 2009 14:29:34 GMT Canadian Dollar Forecast Bullish Against US Dollar
- Thursday, 23 April 2009 20:18:56 GMT Canadian Dollar Forecast Abruptly Shifts on Sizeable Declines
- Thursday, 16 April 2009 14:22:18 GMT Canadian Dollar Forecast to Appreciate Against US Dollar
- Thursday, 09 April 2009 15:42:50 GMT Canadian Dollar Expected to Appreciate Against US Dollar
- Thursday, 19 March 2009 13:15:07 GMT Canadian Dollar Expected to Appreciate Against US Dollar
- Thursday, 12 March 2009 14:01:23 GMT Canadian Dollar Expected to Decline Against USD
- Thursday, 05 March 2009 13:43:37 GMT Canadian Dollar Forecast to Decline Against USD
- Thursday, 26 February 2009 13:25:48 GMT Canadian Dollar Bias Bearish Against US Dollar
- Thursday, 19 February 2009 13:41:13 GMT Canadian Dollar Forecast Bearish Against US Dollar
- Thursday, 12 February 2009 13:41:13 GMT Canadian Dollar Forecast Unclear Against US Dollar
- Thursday, 05 February 2009 13:58:12 GMT Canadian Dollar Forecast Unclear Against US Dollar
USD/CAD ratio: 2.02
Trading Forecast: Bearish
USDCAD – Our forex trading signals remain very short the USD/CAD, as extreme forex sentiment points to further losses. The ratio of long to short positions in the USDCAD stands at 2.02 as nearly 67% of traders are long. Yesterday, the ratio was at 2.26 as 69% of open positions were long. In detail, long positions are 5.0% lower than yesterday and 2.2% weaker since last week. Short positions are 5.8% higher than yesterday and 2.6% stronger since last week. The marginal pullback in long orders and uptick in short orders somewhat moderates our bearish bias, but the extreme headline SSI figure predicts further losses are likely.
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