CAD/JPY Accumulates Bullish Energy!

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CAD/JPY has decreased a little in the short term trying to capture more energy before resuming its upwards movement. An upside breakout is imminent as the JP226 (Nikkei) could resume its growth. A temporary decline was expected after its amazing rally. It could increase as long as it stays above the immediate support levels. Canada […]

CAD/JPY Consolidates Ahead Of A Breakout!

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CAD/JPY changed little in the short term as the buyers are exhausted. The bias is bullish, so the pair could resume its growth soon. It’s trapped within a minor continuation pattern, a valid breakout from this formation may signal an upside continuation. The pair has slipped lower after worse than expected Canadian retail sales data. […]