PREVIOUS TRADING DAY EVENTS – 18 July 2023 Canada’s Consumer Price Index (CPI) monthly figure showed an increase of just 0.10%. Overall, it rose 2.8% year…
Browsing: EUR/CAD
MARKET PREVIEW
UK Inflation Falls Below 8%, U.S. Stocks Rallied Again, Canada’s CPI Lower, U.S. Retail Sales Drop, Crude Reversed.
ANALYSIS
What is Happening to the EUR/CAD?
The novel coronavirus has brought upon a “series of unfortunate events”, causing most markets to plummet including the ailing oil industry. With the world now at…
ANALYSIS
EUR/CAD To Edge Lower
European markets are being buoyed by positive news from the four worst-hit EU countries showing the rate of new coronavirus infections and deaths is slowing on…
ANALYSIS
EUR/CAD: Short Term SELL Opportunities Ahead?
Despite our long term trade in the EURCAD we also like the current looks of the 1h chart and would short the pair now. We sold…
ANALYSIS
EUR/CAD Set to Dip Lower
The EUR/CAD weekly chart suggests a further selloff here. Below the strategic support at 1.4455 the market could gain further momentum to the downside and accelerate…