CAD/JPY has risen to 82.50 but met the resistance of the 50-day MA. The price action resembles a "Butterfly pattern". Learn more!
Tag - cad - canadian dollar
Discover the short-term outlook for the major currency pairs!
GBP/CAD made a huge leap to the upside yesterday and got above 1.65 and arrived at the resistance line from May.
The new week may bring us new trading opportunities!
Times are quite turbulent for the British pound. GBP/CAD has already retraced down 61.8% of the August-September advance.
Let's find out the trading opportunities for this week.
Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
What event will shake markets in the upcoming days
Last week USD/CAD was rejected on the upside: the pair failed to settle above 1.3350.
Risk aversion has subsided on some positive news, but are we already out of the woods? Watch the analysis for EUR/USD, GBP/USD, USD/JPY and other key currency pairs.
The global economy is in real danger. Will the central banks come to save the day?
It's an important day for GBP/USD. In addition, the Bank of Canada's meeting will influence USD/CAD. Learn more about these and other currency pairs!