Over the last year, while the global economic crisis has weighed down on the U.S. dollar and deficit concerns have caused the euro to freefall, the Canadian dollar, also known as the loonie, has emerged as one of the strongest performers in the currency marketplace. A number of factors have caused the CAD to become [...] • Below is the daily chart of the USD/CAD currency pair. • The technical indicators used are the Relative Strength Index (RSI), MACD, and Williams Percent Range. • Point 1: The Relative Strength Index (RSI) signals that the price of this pair currently floats in the over-sold territory, indicating upward pressure. • Point 2: The MACD indicates an impending bullish cross, which [...] In the last 3 weeks of trading, the GBP/CAD experienced much bearishness, as it now stands at 1.6170. However; it seems that this trend may be coming to an end. I will illustrate below that the GBP/CAD may very well be heading for a reversal. Forex traders have the opportunity to wait for the upward [...] In last week trading, the EUR/GBP experienced much bearishness, as it now stands at 0.8790. However; it seems that this trend may be coming to an end. I will illustrate below that the EUR/GBP may very well be heading for a reversal. Forex traders have the opportunity to wait for the upward breach on the [...]