The Unemployment report will be released shortly, and much is expected to affect this pair. This pair in particular has witnessed the most bullish momentum compared with other JPY pairs. Well...not anymore. The Unemployment report isn't much optimistic, as well as the Net Change in Employment. as former is expected to remain and the latter is expected to reduce by almost 15K. So we may see a bearish pressure on CADJPY.
Here, divergence is spotted. The pair was unable to break the upper side of the triangle and can go down. If it does, it will enter the 1/1 area of the Gann, and can start a sweet downtrend afterwards.
What a way to end the week!
Happy trading!
Riz
Here, divergence is spotted. The pair was unable to break the upper side of the triangle and can go down. If it does, it will enter the 1/1 area of the Gann, and can start a sweet downtrend afterwards.
What a way to end the week!
Happy trading!
Riz
Dagangan ditutup: sasaran tercapai
Done! :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.