The CHFJPY is the paring of the swiss franc and the japanese yen. The swiss franc is a safe-haven currency that gains in value during times of social and geopolitical crises, While the yen is manipulated by exports-reliant japanese government. Japan's dependecy on exports drives the government to weaken it's currency. Look for drastic moves in this pair during...
The CADJPY is the paring of the Canadian Dollar and Japanese Yen. Since Japan is the third large net importer of oil and Canada is the sixth largest oil-producing, oil prices have a considerable influence on the pair. its daily average movement in pips is 126.8 and it correlates with NZDJPY, GBPJPY and EURJPY.
Hello traders, market is moving in a series of highs and lows. thefore we are going to wait for market to retest the flipzone and give out bearish engulfing candlestick pattern, then we will sell. we don't enter without seeing clear confirmation. we rather look for another opportunity because in the market there are always opportunities, we just have to be patient.
Hello traders, here i checked correlation first then i found out that the pair already reached the flipzone and its correlation pairs already bought which are leading pairs, so now i think we must wait for bullidh engulfing and manipulation before we buy. this trade possibly is going to be one of the good trades we have today. either buy Audnzd or Gbpnzd.
Hello traders, here we have a flag and manupilation on our third touch hence it is possible that this pair might sell.
Hello traders, this is a flipzone type of setup.we can all share our opinions on how we think about this setup.
We sharethe setup, as we can see that the resistance was strong and the market has been in a down trend thefore market sold.
Hello traders, your thoughts would really help on this one. i think the market is ranging, i guess it will be much clear if it gives us candlestick pattern confirmation on our resistance level.
NAS100 is in a ranging market, so it is possible that it might sell a little bit and test on our support and trendline for the third time, but we can all always share our thoughts.