AUD May See a Much Needed Recovery Today
November 25, 2010 1:32 pm by Natalie R.Following a bearish streak versus the CAD over the past few days, the AUD seems to be in the middle of a bullish correction. Forex traders are advised to take advantage of this knowledge by going long on AUD/CAD now.
Bullish Correction Expected for the EUR
November 9, 2010 10:19 am by Natalie R.Following a sharp decline over the past few days, the EUR seems to be headed for a bullish correction. Forex traders are advised to take advantage of this knowledge by going long on EUR/CAD now, and at a great entry ...
Will the CHF’s Recent Rally versus the CAD Substantiate?
June 21, 2010 12:39 pm by Natalie R.With the recent disenchantment with the EUR in light of the ongoing Euro-Zone debt crisis and the uncertainty regarding the stability of the American economy and sustainability of the national debt, it seem like the world is in search of ...
British Holiday Retail Sales Report on Deck
December 17, 2009 8:44 am by Dan Eduard09:30 GMT GBP Retail Sales - Change in the total value of inflation-adjusted sales at the retail level. The report is released monthly. The figure is a leading indicator of the health of the British economy, as it determines ...
Canadian Interest Rate Decision
September 10, 2009 12:06 pm by Natalie R.The Bank of Canada (BOC) will keep its key Interest Rate at a record low today, and is likely to keep that rate unchanged through June 2010 unless the inflation outlook shifts, economists have said. The target rate for overnight ...
New Zealand Interest Rates and OPEC Meetings Today
September 9, 2009 10:20 am by Natalie R.There are two important events happening in today's trading. The first is the sudden drop in value of the USD yesterday and the subsequent corrections we may see today. The second is the break-through past the $1000 resistance level for ...
Employment Figures from US and Canada Today
September 4, 2009 9:37 am by Natalie R.The Canadian Dollar and U.S. Dollar are expected to be at the forefront of trading today with important employment data from both. Opening large positions in both of these currencies could bring you large profits, as this week's trading comes ...
CAD Movements During the Week
August 28, 2009 11:54 pm by Natalie R.The Canadian dollar strengthened the most in 2 weeks versus its U.S. counterpart, reversing an earlier decline as Crude Oil and stocks erased losses and rose. The currency, nicknamed the loonie, appreciated 0.8% to C$1.0885 per Dollar, from C$1.0973 yesterday. ...
GBP/CAD Provides Bullish Signals
August 25, 2009 10:15 am by Anton EljwizatThe GBP/CAD has witnessed a sustained downward movement for many days now. This movement has pushed the price into levels which indicate that the reversal might be happened in the near future. As I will demonstrate below, the GBP/CAD pair ...
Can the CAD/CHF Extend its Bearish Trend?
August 12, 2009 3:11 pm by Yan PettersLooking at the CAD/CHF 4-hour chart, it looks that the pair's bearish momentum hasn't reached its limit. Using variable technical indicators and the Fibonacci Retracement lines, let's try to see whether the pair is likely to drop further or maybe ...
