CAD/JPY: More losses likely ahead – Scotiabank
- ByFXStreet-
CAD/JPY gains have stalled following the break above 109.50 resistance. Economists at Scotiabank analyze the pair’s outlook. Near-term losses may exte
Symbol | Exchange | Currency |
|---|
CAD/JPY gains have stalled following the break above 109.50 resistance. Economists at Scotiabank analyze the pair’s outlook. Near-term losses may exte
The CAD/JPY advancement stalls some 25 pips shy of the 110.00 mark on Monday, even though market sentiment was upbeat due to speculation that most global central banks won´t raise...
US dollar tumbled following weak US economic data Meanwhile, the EUR/USD pair has rebounded strongly The USD/PLN has broken a long-term uptrend, and the CAD/JPY is preparing to...
The global tightening cycle continues in the next 24 hours with two central banks prepared to raise interest rates. In the Asia session, the Reserve Bank of New Zealand is widely...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Sell | Strong Sell | Strong Sell | Sell | Buy |
| Technical Indicators | Strong Sell | Strong Sell | Buy | Strong Sell | Strong Buy |
| Summary | Strong Sell | Strong Sell | Neutral | Strong Sell | Strong Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Three Inside Down Bearish | 1M | 4 | Aug 23 | ||
| Three Inside Up | 1D | 9 | Nov 22, 2023 | ||
| Three Black Crows | 5H | 9 | Dec 03, 2023 19:00 | ||
| Three Outside Down Bearish | 5H | 10 | Dec 01, 2023 17:00 | ||
| Dragon Fly Doji | 1D | 10 | Nov 21, 2023 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Tuesday, 5 December 2023 | ||||||
| 00:30 | JPY | 50.80 | 51.70 | 51.60 | ||
| 03:35 | JPY | 0.697% | 0.91% | |||
| 13:15 | CAD | 115.40B | 112.50B | |||
| 23:00 | JPY | 6.00 | ||||
| Wednesday, 6 December 2023 | ||||||
| 11:00 | CAD | -0.01% | ||||
| 13:30 | CAD | 67.03B | ||||
| 13:30 | CAD | 64.99B | ||||
| 13:30 | CAD | 0.20% | -0.60% | |||
| 13:30 | CAD | 1.50B | 2.04B | |||
| 15:00 | CAD | |||||
| 15:00 | CAD | 51.90 | ||||
| 15:00 | CAD | 5.00% | 5.00% | |||
| 15:00 | CAD | 54.20 | 53.40 | |||
| 23:50 | JPY | -84.50B | ||||
| 23:50 | JPY | 4.20B | ||||
| 23:50 | JPY | 1,238.00B | ||||
Bank of Canada(BOC) | ||
| Current Rate | 5.00% | |
| Central Bank Governor | Tiff Macklem |
Bank of Japan(BOJ) | ||
| Current Rate | -0.10% | |
| Governor | Haruhiko Kuroda |