Canadian Dollar

Dec. Canadian dollar: 1. In Tuesday’s (Sept. 30) Dec. Canadian dollar update it was noted that a daily close above $89.25 could prompt long entry attempt in the Dec. Canadian dollar for a quick advance to at/near $89.90/$90 into Tues., Sept. 30 (+/-1 day). 2. Tuesday’s session closed at $89.12, below the $89.25 level. However, […]

Issued: 09/17/2014 Dec. Canadian dollar: 1. Continued hourly and especially a daily close below $91.15 in the Dec. Canadian dollar indicates a tradable multi-day decline and test/attempt at $90.52/$50 then $90.24/$22 into late this week (week of Sept. 15) or early next week (week of Sept. 22). 2. Therefore, how today’s Dec. Canadian dollar session

Dec. Canadian dollar: 1. In yesterday’s (Mon., Sept. 15) Williams edge live meeting it was noted that the Canadian dollar (then trading at approximately $90.23) was expected to advance to $90.50 (or higher) into today (Tues., Sept. 16).. 2. Today’s Canadian dollar completed the $90.50 upside target (session high, $90.65, so far). Any self-directed longs

Issued: 09/09/2014 Dec. Canadian dollar: 1. Any further touch and hourly or especially daily close above $90.78/$70 in the Dec. Canadian dollar makes those levels buying territory for a tradable multi-day advance to at/near $91.11/$13 (or higher) into late this week/early next (week of Sept. 15). 2. Initial long position exit should be taken at/near

Issued: 09/07/2014 Dec. Canadian dollar: 1. Friday’s (Sept. 5) Dec. Canadian dollar tested and closed below the critical $91.83 level noted in our previous update. This prompted new short entry as noted in the update. 2. Upon further review of market conditions, only aggressive should consider this trade. Further detail will be given in Monday’s

September Canadian dollar: 1. In last Friday’s (Aug. 29) live meeting, the September Canadian dollar (then trading at approximately $92.20 or slightly lower) was forecast to decline to $91.35 into early this week (week of Sept. 2). 2. Today’s September Canadian dollar completed the $91.35 downside target (today’s session low, $91.35). 3. Self-directed traders exited

September Canadian dollar: 1. Our previous (Thursday, Aug. 21) September Canadian dollar update indicated a daily bottom due on Thursday, Aug. 21 (+1 day) to be followed by a tradable multi-day advance and test/attempt at $9162/$63 (or higher). 2. Although the market showed tricky behavior prior to completion, today’s session finalized the $91.62/$63 upside target

Issued: 08/25/2014 September Canadian dollar: 1. Our original (Thursday, Aug. 21) long entry in the September Canadian dollar between $91.12/$05 took initial long position exit at/near $91.27. 2. However, today’s (Mon., Aug. 25) September Canadian dollar declined further and triggered our $91.08 protective sell stop. This completes the trade. 3. Today’s sharp decline places the

Issued: 08/19/2014 September Canadian dollar: 1. The previous top in the September Canadian dollar was made on Aug. 15 and occurred one trading day late. The Canadian dollar was unable to reach important price levels on the upside, including $92.07 (Aug. 15 swing high, $92.02). 2. Therefore, the market is now in a weaker position