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Canadian Dollar Forecast to Gain vs. US Dollar
Thursday, 30 July 2009 14:21:05 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, 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
- Thursday, 05 February 2009 13:58:12 GMT Canadian Dollar Forecast Unclear Against US Dollar
USDCAD – Our sentiment-based forex trading strategies remain aggressively short the US Dollar against the Canadian Dollar, as heavily one-sided trader positioning signals further losses are likely. The ratio of long to short positions in the USDCAD stands at 3.24 as nearly 76% of traders are long. In detail, long positions are 2.2% higher than yesterday and 2.2% stronger since last week. Short positions are 1.3% higher than yesterday and 7.6% stronger since last week. Traders have remained heavily short the USDCAD as it has fallen over 800 pips from recent peaks. It will be critical to watch whether the pair can break significant lows near 1.0800, but our short-term bias remains bearish on forex sentiment.
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