Buy Brent Crude Oil + Long CAD & NOK

Long

Norwegian Krone / Japanese Yen (FOREXCOM:NOKJPY)

FOREXCOM:NOKJPY Norwegian Krone / Japanese Yen

fundamental indicator oiltrading buyoil buycad nokusd usdcad

We look at why Oil prices are supporting the Commodity-linked Canadian Dollar & Norwegian Krone.

I analyse how markets use Manufacturing PMI data In the U.S to know when to buy and sell Oil based on demand expectations driven from Global growth.

We can take the following trades

BUY CAD/JPY
BUY NOK/JPY
SELL USD/NOK
SELL USD/CAD

Kayan Kalipha

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