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EURCAD – Euro Recovery May Continue Vs Canadian Dollar

Key Points

  • The Euro crashed to 1.4175 against the Canadian Dollar before finding buyers.
  • The EURCAD pair is currently recovering and following an ascending channel pattern with support at 1.4310 on the hourly chart.
  • Today in the Euro Zone, the Read More →

EUR/CHF: Trading The SNB Put – BofAML

Bank of America FX Strategy Research notes that the month of March has been relatively uneventful for the CHF, which has traded in narrow ranges both versus EUR and in TWI terms.

In this regard, BofAML argues that the Read More →

GBPJPY – British Pound Corrections Remains Capped Vs Japanese Yen

Key Points

  • The British Pound recently faced resistance near 139.00 against the Japanese yen, and moved down.
  • The GBPJPY pair, however found support near a bullish trend line at 137.75 on the hourly chart.
  • Today in Japan, the Securities investment Read More →