Suminski

CADJPY/ Short-term chance for short

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Using the FXCM volume (as well as with OANDA), you can see that the strength of increases is getting weaker, while sales are getting stronger. You can also refer to the COT report, according to the latest JPY should be stronger than CAD.

Warning
This is a short-term forecast.
The idea ceases to be valid after breaking the resistance on a large volume.

Myfxbook
www.myfxbook.com/por...lio/suminski/2604837

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.