Tag Archives: CAD/JPY
We continue to focus on opportunities in long CADJPY or short EURCAD – Credit Suisse
Viewing the world from the perspective of a Fed-dominated financial market has been a struggle for most of the second quarter.
Will CAD Strength Continue?
USD/CAD closed below the 200 day moving average last week and is now aggressively through the 2013 high at 1.0738, notes CitiFX Technicals.
AUD & CAD turning down. NOK/SEK eyeing 1.0640.
EUR/USD: The trend line break continued to attract buyers on Fridaypushing the pair up to 1.3915 before stalling and giving upsome of the latest gains.
EM stress recedes – for now. AUD/NZD correction may be over
EUR/USD: There is nothing it strongly arguing for an impulsive bursthigher. It’s rather a short consolidation to digest the recentslump.
EM corrections (not trend-benders) elsewhere mostly consolidation
EUR/USD: The ongoing decline from the recent high (1.3740) lookscorrectional. Intraday conditions would once again bebullish if/when the “B-wave high” at 1.3717 is taken out.
FX Month in Review – November
* The JPY was the weakest currency monitored in the November Month in Review, declining 4.2% on a TWI basis.
At a glance: Playing it safe
EUR/USD hourly – Below 1.3259/64, the market remains in negative territory ● Given last week’s break below 1.3264 (minor 76.4 %) and
CAD Trade Strategy
USD/CAD trading remains quite choppy. The USD looked well-offered in late trade yesterday as it slid back to the 1.0475 area but
CAD Technical Outlook
There is little change to report from a short-term technical perspective as far as USD/CAD is concerned today.
CAD Technical Outlook
USD/CAD saw no pullback at all yesterday and the underlying trend higher has extended higher through the overnight session to reach the low 1.05 area.
US Morning Update
Major Overnight Headlines • BoJ on hold, Nikkei falls, JPY rises as Kuroda says will take “appropriate action” if needed,
CAD Technical Outlook
Daily signals are encouraging from the USD-bullish perspective because, firstly, the slow stochastic oscillator suggests the USD sell off is over-extended and poised to turn higher.