Early industry data suggests the Canadian economy stalled in July, following stronger monthly gains in real gross domestic product from April to June that averaged 0.4%. July’s manufacturing, wholesale and retail sales data all point to declines in shipments, although manufacturing GDP was likely near flat as weakness was concentrated in petroleum and auto. These […]
The post Canada’s Economic Growth Stalled in July appeared first on ActionForex.
USD/CAD’s rally from 1.3730 continued last week and there is no clear sign of topping yet. Initial bias stays on the upside for retesting 1.4247 high. On the downside, below 1.4096 minor support will turn Read more…
GBP/JPY stayed in consolidations above 207.06 short term bottom last week. Initial bias remains neutral this week first. On the upside, above 211.25 will target 38.2% retracement of 219.56 to 207.06 at 211.83. Break there Read more…
EUR/JPY stayed in consolidations above 177.82 short term bottom last week. Initial bias stays neutral this week first. On the upside, above 38.2% retracement of 187.93 to 181.68 will target 61.8% retracement at 184.06 next. Read more…