Tag Archives: Share Trading

The Canadian Dollar is falling to a key psychological support level of 1.30 CAD to USD with views accumulating that weakness could persist lifting the pair.

The combination of current sentiment and recent changes gives us a further mixed USDJPY trading bias.

Currently, the extremes in focus are Canadian Dollar weakness and a recent theme of Euro strength. Here are some potential developing trades.

Demand looks to be strong, but a wave of risky-asset selling on Wednesday kicked off and took WTI Crude Oil Toward 100-DMA.

The Nikkei 225 daily chart’s main feature remains a notable downtrend from this year’s highs. That still dominates, but key support appears to be crystalizing.

The Euro has managed a five-day winning streak against the US Dollar but gains may prove to be corrective, giving way to downward resumption.

The footsie is back above a confluence of support after last week’s slip below, but still at risk of sinking back below if it can’t soon gather momentum.