CADJPY - BULLISH BIAS
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MARKET OUTLOOK
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CAD - BULLISH
1️⃣ Faster vaccine roll-out in Canada may keep fueling hopes of a faster exit from current restrictions and offsetting the negative impact of deteriorating data flow.
2️⃣ Oil prices jump as much of vital pipeline remains shut down following cyberattack.
3️⃣ Bank of Canada was the only central bank to tighten in April.
JPY - BEARISH
1️⃣ Japan's extended state of emergency over the coronavirus pandemic till the end of May.
2️⃣ Good momentum in global equities continues.
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TECHNICAL
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We're looking to long this pair on RBS level + SMA50 area on H1 chart.
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RISK TO THIS TRADE
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Any change in sentiment could turn the pair's direction.
MARKET OUTLOOK
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CAD - BULLISH
1️⃣ Faster vaccine roll-out in Canada may keep fueling hopes of a faster exit from current restrictions and offsetting the negative impact of deteriorating data flow.
2️⃣ Oil prices jump as much of vital pipeline remains shut down following cyberattack.
3️⃣ Bank of Canada was the only central bank to tighten in April.
JPY - BEARISH
1️⃣ Japan's extended state of emergency over the coronavirus pandemic till the end of May.
2️⃣ Good momentum in global equities continues.
=====
TECHNICAL
=====
We're looking to long this pair on RBS level + SMA50 area on H1 chart.
=====
RISK TO THIS TRADE
=====
Any change in sentiment could turn the pair's direction.
Transaction en cours
Ordre annulé
Current price touce TP price first
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.
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.