Canadian Dollar / Japanese Yen
Please login to share your trading experiences!
West Virginia Senator Joe Manchin recently dealt a blow to the Biden administration with regard to its environmental, aka green agenda, when the Senator said he would vote no on the President's $1.9 trillion Build Back Better initiative. The legislation included items that would shift the US from fo
#OPINIONLEADER# The Canadian dollar continues to push higher and USD/CAD has dropped below the symbolic 1.25 line. The pair is currently trading at 1.2476 and is close to 1.2553, its lowest level since November 10th. US Treasury rates continue to move higher. After punching past 1.80%
Bitcoin After multiple failures above $43,500, Bitcoin price started a fresh decline. There was a clear break below the $43,000 and $42,000 support levels. It is sliding steadily and seems like the price could decline towards the $41,250 level. Trading Derivatives carries a high level of risk to you
#OPINIONLEADER# Elevated yields favour dollar, Canadian inflation in spotlight Primary market focus remains centred around the Fed and how it will tackle inflation, with market participants juggling the premise of how many rate hikes will unfold this year. Expectations almost ‘guarant
#OPINIONLEADER# The yen softened after the Bank of Japan signaled no shift in its ultra-loose monetary policy. The US dollar bounced off the critical floor at 113.50 from the daily chart. A bullish RSI divergence revealed a deceleration in the downward impetus. The indicator’s oversol
#OPINIONLEADER# #GuessNFP# = 250k Get ready for tonight's NFP release watch from 03:03 and get a preview from Gimmy. DXY analysis with Scotty: 16:04 USDCAD chart analysis, CAD Employment data preview and trade idea with Gimmy: 19:36 WTIUSD Oil chart analysis and trade i
#OPINIONLEADER##GuessNFP# = 210k Get ready for tonight’s NFP release watch from 03:03 and get a preview from Gimmy. DXY analysis with Scotty: 16:04 USDCAD chart analysis, CAD Employment data preview and trade idea with Gimmy: 19:36 WTIUSD Oil chart analysis and trade id
#CAD/JPY# - PAIR REJECTING FROM THE UNDERSIDE OF THE MAJOR PITCHFORKS MEDIAN LINE . - REJECTING NOW FROM SUPPLY ZONE . - SL POSITIONED ABOVE PREVIOUS SUPPLY ZONE . - WAIT FOR A BEARISH CANDLE COMBO TO CONFIRM TRADE. - ASSET TRADING HIGER THAN SUPPLY = TRADE INVALID.
Forex pairs & markets covered in this week’s Weekly Forex Forecast & Forex Analysis: USD (DXY), EUR, GBP, CHF, JPY, CAD, AUD & NZD. EURUSD, EURJPY, GBPUSD, AUDUSD, NZDUSD, NZDCHF, NZDJPY, Crude Oil (WTI), CADJPY, AUDJPY, GBPCHF, GBPJPY, EURCHF, SPX (S&P 500), Russell 2000, Nasdaq, Do