Canadian Dollar Forecast: Loonie Liftoff or Letdown? Levels for USD/CAD & CAD/JPY

USD/CAD rates are starting to turn the corner, while CAD/JPY rates retain greater relative potential for topside resolution.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/39TYyJ6
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Canadian Dollar Forecast: Loonie Liftoff or Letdown? Levels for USD/CAD & CAD/JPY

USD/CAD rates are starting to turn the corner, while CAD/JPY rates retain greater relative potential for topside resolution.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/39TYyJ6
via IFTTT

DAX 30, CAC 40 Charts Flimsy, but Not Outright Bearish (Yet)

European equities are softer than the leading US stock market, but as long as the latter stays strong then the DAX/CAC won’t likely sag too far.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/31gAFYh
via IFTTT

DAX 30, CAC 40 Charts Flimsy, but Not Outright Bearish (Yet)

European equities are softer than the leading US stock market, but as long as the latter stays strong then the DAX/CAC won’t likely sag too far.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/31gAFYh
via IFTTT

EUR/JPY IG Client Sentiment: Our data shows traders are now net-long EUR/JPY for the first time since Jul 10, 2020 when EUR/JPY traded near 120.79.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/JPY-bearish contrarian trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/33r8RTU
via IFTTT