Trying CADJPY lower here.
We have a resistance level above which should hold.
We also have US CPI today which i think may be lower than expectations - this should see CADJPY lower if correct as it is a proxy to USDJPY and USDJPY should move lower with yields if US CPI is lower than expected.
Seeing a lot of people concerned about canada for next year as household debt will likely become a big issue. JPY should benefit next year from a change in Kuroda as people will expect a hawkish replacement.
Not trading/investment advise, feedback welcome!
We have a resistance level above which should hold.
We also have US CPI today which i think may be lower than expectations - this should see CADJPY lower if correct as it is a proxy to USDJPY and USDJPY should move lower with yields if US CPI is lower than expected.
Seeing a lot of people concerned about canada for next year as household debt will likely become a big issue. JPY should benefit next year from a change in Kuroda as people will expect a hawkish replacement.
Not trading/investment advise, feedback welcome!
Nota
taken profit at 99.59 ahead of the fed meeting later today
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.