Your Source for Daily FOREX Market News and Analysis
Saturday, 21 November 2009 GMT
FOREX ALERTS >>
- USD Graphic Rewind Fri, 20 Nov 2009 07:11 GMT
- Opening Comment Fri, 20 Nov 2009 06:23 GMT
- Overnight Interest Rate Update 11.19.09 Fri, 20 Nov 2009 05:12 GMT
cad technicals
Article
Canadian Dollar Technical Outlook
Tuesday, 21 July 2009 14:18:16 GMT
|
Previous Articles
Print
- Tuesday, 25 August 2009 15:18:50 GMT Canadian Dollar Technical Outlook
- Tuesday, 25 August 2009 15:17:11 GMT Canadian Dollar Technical Outlook
- Monday, 24 August 2009 14:20:27 GMT Canadian Dollar Technical Outlook
- Friday, 14 August 2009 14:54:18 GMT Canadian Dollar Technical Outlook
- Thursday, 13 August 2009 14:33:44 GMT Canadian Dollar Technical Outlook
- Wednesday, 12 August 2009 14:36:45 GMT Canadian Dollar Technical Outlook
- Tuesday, 11 August 2009 14:05:51 GMT Canadian Dollar Technical Outlook
- Monday, 10 August 2009 14:47:45 GMT Canadian Dollar Technical Outlook
- Friday, 07 August 2009 14:26:04 GMT Canadian Dollar Technical Outlook
- Thursday, 06 August 2009 14:11:24 GMT Canadian Dollar Technical Outlook
- Wednesday, 05 August 2009 14:25:21 GMT Canadian Dollar Technical Outlook
- Friday, 31 July 2009 14:59:41 GMT Canadian Dollar Technical Outlook
- Thursday, 30 July 2009 14:12:02 GMT Canadian Dollar Technical Outlook
- Wednesday, 29 July 2009 15:01:49 GMT Canadian Dollar Technical Outlook
- Tuesday, 28 July 2009 14:21:08 GMT Canadian Dollar Technical Outlook
- Monday, 27 July 2009 14:28:49 GMT Canadian Dollar Technical Outlook
- Friday, 24 July 2009 15:45:40 GMT Canadian Dollar Technical Outlook
- Thursday, 23 July 2009 13:48:42 GMT Canadian Dollar Technical Outlook
- Wednesday, 22 July 2009 14:18:38 GMT Canadian Dollar Technical Outlook
- Monday, 20 July 2009 14:58:18 GMT Canadian Dollar Technical Outlook
The extent of the rally from 1.0782 almost assures that the entire decline from 1.3068 is complete. Additionally, the rally from 1.0782 unfolded as an impulse. On the 10th, I wrote that “I am not sure if the rally from 1.0782 is complete. A thrust higher from a running triangle is possible before a corrective decline. It is best to wait for clarity here before taking a strong stand.” The thrust higher was wave B of an expanded flat. Wave C is in 5 waves therefore a bottom and reversal is favored.
Resources
