Ride that Risk-on!
Fundamentals & Sentiment
CAD:
Bullish oil inventory data yesterday. Generally ok US data (GDP, Claims, etc) today. Risk-on sentiment continuation from China stimulus.
JPY:
Bearish Internals, CFTC.
Technical & Other
Setup: TC(RTF)
Setup timeframe: 1h
Trigger: 15m
Medium term: Up
Long-term: Down
Min target: 3R
Risk: 0.27%
Risk R: 0.5R
Main risk: buying into DMA(50) at 107.40. If holds above, consider adding.
CAD:
Bullish oil inventory data yesterday. Generally ok US data (GDP, Claims, etc) today. Risk-on sentiment continuation from China stimulus.
JPY:
Bearish Internals, CFTC.
Technical & Other
Setup: TC(RTF)
Setup timeframe: 1h
Trigger: 15m
Medium term: Up
Long-term: Down
Min target: 3R
Risk: 0.27%
Risk R: 0.5R
Main risk: buying into DMA(50) at 107.40. If holds above, consider adding.
Trade closed: target reached
+1.5R
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.