Currency Pair: CADJPY
Timeframe: 15 mins
Date/Time of Signal: 16th March 2020 / 1630hrs (SGT)
Review:
Last Saturday (14th March 2020), Bank of Canada (BoC) carried out an emergency cut of interest rate by 0.50% as a “proactive measure taken in... moreCurrency Pair: CADJPY
Timeframe: 15 mins
Date/Time of Signal: 16th March 2020 / 1630hrs (SGT)
Review:
Last Saturday (14th March 2020), Bank of Canada (BoC) carried out an emergency cut of interest rate by 0.50% as a “proactive measure taken in light of the negative shocks to Canada’s economy arising from the COVID-19 pandemic and the recent sharp drop in oil prices”.
With the worsening condition of the coronavirus outbreak and the continuing drop in oil prices, the Canadian Dollar is likely to weaken against Yen.
Recently, CADJPY has been on a downtrend and has retested and unable to break through the Resistance level of 76.80.
Trade signaled to SELL CADJPY (Entry: 76.50) with 3 Take Profit (TP) Targets (TP1: 76.30, TP2: 76.10, TP3: 75.90) and Stop Loss (SL) at 76.80.
Currency Pair: CADJPY
Timeframe: 15 mins
Date/Time of Signal: 16th March 2020 / 1630hrs (SGT)... moreCurrency Pair: CADJPY
Timeframe: 15 mins
Date/Time of Signal: 16th March 2020 / 1630hrs (SGT)
Review:
Last Saturday (14th March 2020), Bank of Canada (BoC) carried out an emergency cut of interest rate by 0.50% as a “proactive measure taken in light ...
Currency Pair: EURJPY
Timeframe: H1
Date/Time of Signal: 12th March 2020 / 1400hrs (SGT)
Review:
Expectations are running high that ECB will move to substantially ease monetary policy on Thursday (12th March 2020) in a meeting coming a day after an... moreCurrency Pair: EURJPY
Timeframe: H1
Date/Time of Signal: 12th March 2020 / 1400hrs (SGT)
Review:
Expectations are running high that ECB will move to substantially ease monetary policy on Thursday (12th March 2020) in a meeting coming a day after an emergency interest rate cut by the Bank of England and in the wake of the Federal Reserve’s surprise cut last week.
The spread of the coronavirus is still driving investors to safe haven currency such as YEN.
EURJPY has been on a downtrend and below the Resistance level of 118.60.
Following the trend, trade signaled to sell EURJPY (Entry: 117.27) with 3 Take Profit (TP) Targets (TP1: 117.07, TP2: 116.87, TP3: 116.67) and Stop Loss (SL) at 117.57.
Currency Pair: EURJPY
Timeframe: H1
Date/Time of Signal: 12th March 2020 / 1400hrs (SGT)... moreCurrency Pair: EURJPY
Timeframe: H1
Date/Time of Signal: 12th March 2020 / 1400hrs (SGT)
Review:
Expectations are running high that ECB will move to substantially ease monetary policy on Thursday (12th March 2020) in a meeting coming a day after an e...
Currency Pair: GBPJPY
Timeframe: 15 mins
Date/Time of Signal: 6th March 2020 / 1745hrs (SGT)
Review:
The extension of coronavirus (COVID-19) carnage have kept investors avoiding the risks while keeping safe havens like the Japanese Yen on the... moreCurrency Pair: GBPJPY
Timeframe: 15 mins
Date/Time of Signal: 6th March 2020 / 1745hrs (SGT)
Review:
The extension of coronavirus (COVID-19) carnage have kept investors avoiding the risks while keeping safe havens like the Japanese Yen on the platter.
GBPJPY has been on a downtrend and broke the Support level of 137.10.
Following the trend, trade signaled to sell GBPJPY (Entry: 137.00) with 3 Take Profit (TP) Targets (TP1: 136.80, TP2: 136.60, TP3: 136.40) and Stop Loss (SL) at 137.30.
Currency Pair: GBPJPY
Timeframe: 15 mins
Date/Time of Signal: 6th March 2020 / 1745hrs... moreCurrency Pair: GBPJPY
Timeframe: 15 mins
Date/Time of Signal: 6th March 2020 / 1745hrs (SGT)
Review:
The extension of coronavirus (COVID-19) carnage have kept investors avoiding the risks while keeping safe havens like the Japanese Yen on the platter....
Currency Pair: EURJPY
Timeframe: H1
Date/Time of Signal: 5th March 2020 / 1545hrs (SGT)
Review:
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said the global economic outlook has shifted to “more dire scenarios” as the... moreCurrency Pair: EURJPY
Timeframe: H1
Date/Time of Signal: 5th March 2020 / 1545hrs (SGT)
Review:
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said the global economic outlook has shifted to “more dire scenarios” as the coronavirus has spread undetected. And the Eurozone is likely to have been more adversely impacted by the spread of the coronavirus.
The spread of the coronavirus is still driving investors to safe haven currency such as YEN.
EURJPY has been on a downtrend and below the Resistance level of 121.10.
Following the trend, trade signaled to sell EURJPY (Entry: 119.48) with 3 Take Profit (TP) Targets (TP1: 119.28, TP2: 119.08, TP3: 118.88) and Stop Loss (SL) at 119.78.
Currency Pair: EURJPY
Timeframe: H1
Date/Time of Signal: 5th March 2020 / 1545hrs (SGT)... moreCurrency Pair: EURJPY
Timeframe: H1
Date/Time of Signal: 5th March 2020 / 1545hrs (SGT)
Review:
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said the global economic outlook has shifted to “more dire scenarios” as the coron...
Currency Pair: USDJPY
Timeframe: H1
Date/Time of Signal: 5th March 2020 / 1500hrs (SGT)
Review:
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said the global economic outlook has shifted to “more dire scenarios” as the... moreCurrency Pair: USDJPY
Timeframe: H1
Date/Time of Signal: 5th March 2020 / 1500hrs (SGT)
Review:
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said the global economic outlook has shifted to “more dire scenarios” as the coronavirus has spread undetected.
The spread of the coronavirus is still driving investors to safe haven currency such as YEN.
USDJPY has been on a downtrend and below the Resistance level of 108.50.
Following the trend, trade signaled to sell USDJPY (Entry: 107.23) with 3 Take Profit (TP) Targets (TP1: 107.03, TP2: 106.83, TP3: 106.63) and Stop Loss (SL) at 107.53.
Currency Pair: USDJPY
Timeframe: H1
Date/Time of Signal: 5th March 2020 / 1500hrs (SGT)... moreCurrency Pair: USDJPY
Timeframe: H1
Date/Time of Signal: 5th March 2020 / 1500hrs (SGT)
Review:
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said the global economic outlook has shifted to “more dire scenarios” as the coron...
Currency Pair: GBPJPY
Timeframe: H1
Date/Time of Signal: 4th March 2020 / 1315hrs (SGT)
Review:
With no clarity of post-Brexit EU-UK trade terms and the worsening condition of the coronavirus outbreak, the Pound is likely to weaken against... moreCurrency Pair: GBPJPY
Timeframe: H1
Date/Time of Signal: 4th March 2020 / 1315hrs (SGT)
Review:
With no clarity of post-Brexit EU-UK trade terms and the worsening condition of the coronavirus outbreak, the Pound is likely to weaken against Yen.
GBPJPY has been on a downtrend below the Resistance level of 139.20.
Following the trend, trade signaled to sell GBPJPY (Entry: 137.57) with 3 Take Profit (TP) Targets (TP1: 137.37, TP2: 137.17, TP3: 136.97) and Stop Loss (SL) at 137.87.
