CAD - BULLISH
1️⃣ Rallied in oil prices boosted the CAD.
2️⃣ The risk-on tone support the commodities-linked currencies like CAD.
CHF - BEARISH
1️⃣ The risk-on tone could pressured the CHF.
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Technical
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We are looking to buy the CADCHF on the RBS + above SMA 50 on the H1 chart.
1️⃣ Rallied in oil prices boosted the CAD.
2️⃣ The risk-on tone support the commodities-linked currencies like CAD.
CHF - BEARISH
1️⃣ The risk-on tone could pressured the CHF.
=====
Technical
=====
We are looking to buy the CADCHF on the RBS + above SMA 50 on the H1 chart.
Trade active
PENDING ORDER TRIGGEREDTrade closed: stop reached
❌ TRADE HAS HIT STOP LOSS-30 PIPS
- Declined in oil price affected the CAD.
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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.
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.