Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
As oil price rebound recently, assuming a retrace. USDCAD still in a correction structure. A good point to entry long position. Shown as graph. waiting for breakout or new direction.
Shown as graph. jpn225 and usdjpy creates a divergence pattern. normally it should be in the same direction. This may be a signal to long usdjpy or short jpn225. Keep an eye on it.
As oil still trading around $40, i assuming it would go back to $60level in two years which cadjpy should be brought back to 100 level. However JPY is going strong recently. Because of brexit and its economic factor. therefore, as a result , by CADJPY would be trading lower than 100 level. Entry point 72 -75, Tp1 85 tp2 92 SL 69
Shown as graph. As assuming oil price would rebound in lower level 38-40. in short period cad would still go down. It is a good chance to short audcad.