Now that we are over with the ECB announcements, which triggered a tremendous move in the EURO’s past week, will we get another such move this week? We are heading into a similar pattern this week as we have the Rate statement from Reserve bank of New Zealand, SNB Monetary Policy Assessment and Bank Rate […]

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Weekly Technical Outlook: CAD/JPY Market Forecasts for May 11th – May 15th Stop loss 99.93 Entry level 98.89 First Target at 97.87 Next targets to test at 97.12, 96.44 Technical Analysis: CAD/JPY rally has hit the major resistance area of 99.85 levels with the doji and price rejecting the key area followed by the pin […]

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