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ٹریڈنگ خبریں
21 Apr 2015
CAD/JPY: Sights for 98.50 first stop - TDS
FXStreet (Guatemala) - Analysts at TD Securities noted that CAD/JPY finally broke out of its multi-week sideways range traded last week.
Key Quotes:
"...putting the CAD on track for a push towards 99/100. But progress remains rather slow and CAD gains above 98 or so are attracting steady selling interest, capping gains."
"CAD/JPY needs to progress above 98.50 near-term or risk dropping back to 96.00/40. Short-term trends are positive but, after the extended range trade in place in the cross since the early part of the year, it may take some time for a stronger directional bias to emerge."
Key Quotes:
"...putting the CAD on track for a push towards 99/100. But progress remains rather slow and CAD gains above 98 or so are attracting steady selling interest, capping gains."
"CAD/JPY needs to progress above 98.50 near-term or risk dropping back to 96.00/40. Short-term trends are positive but, after the extended range trade in place in the cross since the early part of the year, it may take some time for a stronger directional bias to emerge."