CAD/CHFPembelian
CADCHF Higher
Trying CADCHF higher here.
some good hammers on the daily chart for the pair right at a support area.
the CAD narrative is changing i believe and becoming better, the economy is doing well and now that other central banks are nearing peak rates the dovish BoC over the year so far is less of an issue for CAD.
rate differentials and oil and pointing higher for the pair, both have been good correlations.
sentiment and positioning is extremely low which should help the pair. Especially if the CAD narrative changes as a lot of people are still short CAD. The CAD seasonals are also good for april so this should help also.
Not trading/investment advise, feedback welcome!
some good hammers on the daily chart for the pair right at a support area.
the CAD narrative is changing i believe and becoming better, the economy is doing well and now that other central banks are nearing peak rates the dovish BoC over the year so far is less of an issue for CAD.
rate differentials and oil and pointing higher for the pair, both have been good correlations.
sentiment and positioning is extremely low which should help the pair. Especially if the CAD narrative changes as a lot of people are still short CAD. The CAD seasonals are also good for april so this should help also.
Not trading/investment advise, feedback welcome!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.