MARKET SNAPSHOT:
UP NEXT: 
TECHNICAL ANALYSIS:
EUR/CAD: Struggling to break 1.3760
The repeated, failed, attempts to break resistance suggests we may be witnessing a topping pattern play out. Add to the fact yesterday closed with a Bearish Engulfing and a lower-high below resistance suggests near-term price action remains weak. If we are to assume an eventual break below the blue support then we could consider fading into any rallies around the Monthly / Weekly pivots with a sell-limit.
A break above 1.3760 resistance however would invalidate this bias and confirm an Ascending Triangle for bullish setups.
GBP/JPY: Struggling to break 1.3760
Whilst I have highlighted the potential for a Double Bottom to form, the lack of catalysts between UK and JPY crosses makes me suspect that 178.43 resistance will hold for now.
This makes it suitable for a range trade short as we hover below resistance. However with range trades you may have to be patient as price action can be choppy, frustrating and slow to hit target.
It is also better (in my opinion) to use a wider stop along with sensible targets to account for increased volatility but lack of direction under such conditions. Typically I aim for 1:1 or 1.5:1 reward to risk ratios, then make a point of not watching the trade.