CADJPY - SELL OPPORTUNITY
CAD - BEARISH
1️⃣ Oil prices dropped over 1% on Thursday amid concerns that second wave of COVID-19 infections could hinder fuel demand recovery.
2️⃣ A turnaround in the global risk sentiment as depicted by a sharp fall in the equity markets.
JPY - BULLISH
1️⃣ The Japanese Yen gains as accelerating coronavirus infection rates continued to dampen hopes of recovery for the United States economy.
2️⃣ The recent escalation of diplomatic tensions between the world's two largest economies forced investors to take refuge in traditional safe-haven assets.
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Technical:
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- Im look to short this pair on SBR level + SMA 50 area on h1 chart.
- CADJPY in bearish zone.
1️⃣ Oil prices dropped over 1% on Thursday amid concerns that second wave of COVID-19 infections could hinder fuel demand recovery.
2️⃣ A turnaround in the global risk sentiment as depicted by a sharp fall in the equity markets.
JPY - BULLISH
1️⃣ The Japanese Yen gains as accelerating coronavirus infection rates continued to dampen hopes of recovery for the United States economy.
2️⃣ The recent escalation of diplomatic tensions between the world's two largest economies forced investors to take refuge in traditional safe-haven assets.
=====
Technical:
=====
- Im look to short this pair on SBR level + SMA 50 area on h1 chart.
- CADJPY in bearish zone.
Trade fermée: cible de profit atteinte
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.