Rfxteam
CADJPY POTENTIAL TO DOWN TO THE NEAREST AREAwith the volatility of world oil prices, and the volatility of the Japanese yen. made the price of the CADJPY currency pair skyrocket.
however, it is clear that sellers have started to dominate the price movement in the last week.
the best opportunity to enter the market is to wait for the price to touch the supply area as in the chart we present
VIEWING STRENGTH OF THE YEN !From last month's price movement, it can be seen that the yen is very weak due to inflation and all the problems in the country. however, it is starting to become clear that sellers are starting to dominate the current market trend. the best opportunity to trade on usdjpy currency is to wait for the price to enter the area, as I have described.
there are several fresh areas (supply) and fresh areas (demand)
always see if there is a price rejection or not.
there is still a possibility for cad to strengthenwith the compression on the sellers and the inability of the buyers to continue rising, there is a possibility that the CAD will strengthen significantly. Judging from the smaller timeframe, the price structure forms HL continuously and there is already an OB in the demand area. the best opportunity is to wait in the supply area (qmm) and can BUY if there is a rejection in the demand area.
AUSSE HAS REACHED ITS HIGHESTThe aud vs usd currency exchange is already at its peak.
The strengthening of the usd and the issue of war between ukraine and russia had an impact on the strengthening of the dollar.
but if viewed from technical analysis, Ausse will strengthen next week. with a large ratio, namely at the furthest demand
EURO POTENTIALLY WILL STRENGTHENCURRENCY EURUSD, will experience a price increase if it manages to penetrate the transition area to enter a new demand zone, namely the block order zone.
the best opportunity and opportunity is to wait for the price to enter the demand range area, followed by a price rejection.
GBPUSD STARTS TO CROW UPThe pound sterling will strengthen along with the formation of a price rejection in the demand and order block areas. the best possibility and opportunity to take a position on this cuThe pound sterling will strengthen along with the formation of a price rejection in the demand and order block areas. the best possibility and opportunity to take a position on this currency is to buy, with a very commensurate risk and reward.rrency is to buy, with a very commensurate risk and reward.