Candollar ready to fly

- By FX Markets Staff
- @FXMarkets_
- 11 Nov 2002

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The US dollar has been within a rising trend versus the Canadian dollar from 1991 until the present. This long-term uptrend has encompassed a move from a low of 1.1193 in November 1991 to the recent all-time high of 1.6194, established in January 2002. Interestingly, the all-time high at 1.6194 completed a five-wave Elliott Wave sequence that indicates we are in a longer-term topping pattern in US$/C$. This view is reinforced by the fact that we are currently within a five-year rising wedge

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

Candollar ready to fly

Sorry, our subscription options are not loading right now

You are currently on corporate access.