EUR/CAD – Waiting For A Breakout
EUR/CAD in consolidation Symmetrical Triangle pattern in EUR/CAD (H4) Euro has been trading weakly against the Canadian dollar ever since…
USD/JPY – A Surprise Jobs Report
266,000 jobs added vs. forecast of 990,000 jobs Lack of jobs was behind the poor report The U.S. nonfarm payroll…
GBP/CAD – Dovish Tapering By The BoE
BoE reduced pace of QE No conclusion on cutting back on QE yet During the monetary policy meeting yesterday, the…
CAD/JPY – Looking To Breach The 90 Handle
Canadian dollar strengthened amid BoC’s QE tapering Canadian jobs report due for release on Friday at 2030 (SGT) Being the…
AUD/JPY – Continuation Of Uptrend? Watch Out For The 85 Handle
BoJ’s upward revision of growth forecast fails to take down AUD/JPY RBA monetary policy meeting coming up Ascending Triangle pattern…
EUR/USD – Vaccination Programme Picks Up Speed At Last
70% of adults in Europe will be vaccinated by the end of July Business activities picked up pace in March…
EUR/CAD – Potential Increase In QE
ECB monetary policy remains unchanged Central bank hints at more bond purchases The European Central Bank (ECB) kept its monetary…
NZD/CAD – Hawkish Statement Sent Canadian Dollar Soaring
BoC shrinks asset purchase programme Recovery of Canadian economy faster than expected During the monetary policy meeting yesterday, the Bank…
GBP/JPY – A Reversal In The Making
Positive UK economic data releases fail to cement GBP/JPY’s position Head and Shoulder setup for GBP/JPY (D1) The employment report…
GBP/NZD – RBNZ Keeps Policy Stance Unchanged
RBNZ continues with ultra-loose monetary stance GBP/NZD took a strong hit During the monetary policy meeting on Wednesday, the Reserve…