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USDCAD TECHS

Still Looking For Gains

AUDUSD TECHS

Remains Vulnerable

EURJPY TECHS

Recent Highs Remain Intact

USDJPY TECHS

Holding Onto Gains

EURGBP TECHS

Bearish Risk

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  • Starts -17% at seasonally adjusted annual rate in Ontario, -13% in BC
  • Six-month moving average was 239K, up slightly from November
  • December survey wasn't done in Kelowna, British Columbia, due to Covid restrictions, though Canada Mortgage and Housing Corp. says this didn't change the overall trend
  • Annual starts were +3% to 202K, including +27% in Toronto, -21% in Vancouver