Your Source for Daily FOREX Market News and Analysis
Sunday, 22 November 2009 GMT
FOREX ALERTS >>
cad ssi
Article
Canadian Dollar Forecast to Rally Against US Dollar
Thursday, 18 September 2008 15:10:52 GMT
|
Previous Articles
Print
- 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: 1.86
Trading Signal: Bearish
Forex Positioning for the US Dollar/Canadian Dollar
USDCAD – Forex traders continue buying the US dollar against the Canadian dollar, as the ratio of long to short positions in the USDCAD stands at an extreme 1.87 to 1. Yesterday, the ratio was at 1.98 as 66% of open positions were long. In detail, long positions are 4.7% lower than yesterday and 7.8% weaker since last week. Short positions are 0.7% higher than yesterday and 26.1% weaker since last week. Open interest is 2.9% weaker than yesterday and 24.7% below its monthly average. When traders are net-long the USDCAD but reduce exposure, our contrarian SSI indicator gives us a mixed signal to sell the USDCAD.
Resources
