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EUR/CAD trading at intraday lows

FXstreet.com (New York) - The EUR/CAD foreign exchange rate has inched lower during US trading, falling to intraday depths in these moments Wednesday

EUR/CAD unable to avert downturn

In Canada, Wholesale Sales (MoM) grew by +0.2% in April, against consensus expectations of +0.3%, and compared with a figure of +0.1% previously.

At the time of writing, the EUR/CAD technical pair is trading at 1.3660, down a modest -0.09% during US trading. The Mataf.net analyst team points to the propensity for short-term supports at 1.3614, then 1.3529, and 1.3479. On the ascension, resistive measures are found at 1.3749, then 1.3799, and ultimately 1.3884.

EUR/USD remains anchored to 1.3400

The EUR/USD is prolonging its congestion pattern on Wednesday, against the backdrop of the prevailing dullness pre-FOMC....
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GBP/JPY climbing back towards pivot

GBP/JPY has been trapped in a100 pip range and sideways channel. The pair is torn between USD, GBP and Yen focus, with the Yen the worst performer and GBP slightly more bid. Resistance remains as 149.50 with a slightly bearish formation now appearing on the hourly charts supported 148.20.
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