CJ Rallies, Gold Tests Resistance4/9/2021 CAD/JPY Analysis CJ does find support below the trend line in the low 86.000s. On the daily chart, this pair bounced hard before seeing rejection on the latest candle. Really good employment numbers came out today as Canada's unemployment rate fell to 7.5% from 8% last month shattering expectations. This […]
CJ Hits Support, Gold Breaks Resistance, Bitcoin to $400K?4/7/2021 CAD/JPY Analysis CJ comes back to key trend line on the daily chart for support. Price has historically bounced off this line for the last couple months, but if price were to break under, there is additional support in the low 86.000s. CAD employment numbers are […]
Look out traders! On Friday the 9th of April, Canada will be printing their jobs report and here's what to expect... Quick Summary of February Report: Canada added 259.2k jobs in February vs 98.5k consensus Unemployment rate fell from 9.4% to 8.2% vs 9.2% forecast The February report turned out much better than expected, as […]
