Following a strong Canadian GDP report and weaker-than-expected U.S. consumer sentiment data from the University of Michigan, CADJPY has shown significant bullish momentum. Additionally, positive discussions between former U.S. President Trump and PM of Canada Carney have contributed to market optimism.
After bouncing off a 1-hour order block, CADJPY has surged over 50% from its weak opening. If this bullish momentum persists, the pair could target the 106.000–106.500 range in the near term. Traders should watch for continued strength and potential retracements for optimal entries.
After bouncing off a 1-hour order block, CADJPY has surged over 50% from its weak opening. If this bullish momentum persists, the pair could target the 106.000–106.500 range in the near term. Traders should watch for continued strength and potential retracements for optimal entries.
Feragatname
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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.