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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, 21 May 2009 14:19:23 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
USD/CAD Ratio: 1.87
Trading Forecast: Bearish
Forex Positioning in the US Dollar/Canadian Dollar
USDCAD – Currency trading crowds remain heavily net long the US Dollar against the Canadian dollar. We will typically take a strictly contrarian view when the majority of traders are net long a given currency pair. Yet we have seen a consistently bullish bias on the USD/CAD through the past several years of trading, and such a dynamic complicates our readings of forex sentiment in the US Dollar/Canadian Dollar pair. That being said, we do notice that long positions have fallen fairly sharply through recent trade, suggesting that sentiment is becoming increasingly bearish the USD/CAD. Indeed, short positions have gained by 35.4 percent overnight—giving us a contrarian forecast that the USD/CAD may continue to rally through the near term. Tell us and other traders what you think in our forex forum.
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