CAD/JPY - Three Dimensional View
These moves are not measured, they are simply displayed to show the correlation between each market. The charts shown are listed below:
Top: CAD/JPY on a Daily chart
Middle: USOIL on a Daily chart
Bottom: NKY on a Daily chart
Additional: The same pattern can be found on multiple charts and markets, including SU and HSE. The weekly crude oil inventory report will be released on March 23rd.
I can see the Japanese Yen gaining strength, comparing other currency pairs such as GBP/JPY and EUR/JPY paints a picture for direction. In addition there is always a fear for crude oil at around 40, this chart relates heavily to my idea posted on crude oil earlier this week, taking the formation of a bullish 5-0. You can view this in the link below!
Feel free to leave any additional analysis on this idea.
Top: CAD/JPY on a Daily chart
Middle: USOIL on a Daily chart
Bottom: NKY on a Daily chart
Additional: The same pattern can be found on multiple charts and markets, including SU and HSE. The weekly crude oil inventory report will be released on March 23rd.
I can see the Japanese Yen gaining strength, comparing other currency pairs such as GBP/JPY and EUR/JPY paints a picture for direction. In addition there is always a fear for crude oil at around 40, this chart relates heavily to my idea posted on crude oil earlier this week, taking the formation of a bullish 5-0. You can view this in the link below!
Feel free to leave any additional analysis on this idea.
📈 Master the Art and Science of Trading: sixfigurecapital.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
📈 Master the Art and Science of Trading: sixfigurecapital.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.