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!
Besides the trade optimism, the jobs data supported the Canadian dollar today.
Brexit optimism is driving the pound higher and the second day of trade talks is on the agenda.
GBP/CAD made a huge leap to the upside yesterday and got above 1.65 and arrived at the resistance line from May.
Canada will release the level of employment change and unemployment rate on October 11, at 15:30 MT time
The US inflation data, Canadia employment, and continuation of trade talks are anticipated...
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.
Pay attention to the following events in the markets
Let's find out the trading opportunities for this week.
We've got some positive news for the British pound and we are awaiting the release of the core retail sales for Canada at 15:30 MT.