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[28.11.2024] USDJPYCAD Technical Analysis

FPG Fortune Prime Global | 2024-11-28 10:59

Abstract:🇺🇸USD/🇯🇵JPY – The Yen has been strengthening, and it is seen as a haven currency due to Trumps exclusion of Japan from his tariff book. The pair may extend the downtrend as the USD shows signs of

🇺🇸USD/🇯🇵JPY – The Yen has been strengthening, and it is seen as a haven currency due to Trumps exclusion of Japan from his tariff book. The pair may extend the downtrend as the USD shows signs of weakening

🇺🇸USD/🇨🇦CAD- The Canadian dollar weakened following Trumps tariff threat. However, the pair appears to be forming a potential double-top pattern, which could signal a continuing retreat, with the price likely to test the neckline area.

🇨🇦CAD/🇯🇵JPY- The weakening Canadian dollar and a strengthening Yen may create a selling opportunity in the pair, continuing its downtrend.

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FPG Fortune Prime Global
Company name:Fortune Prime Limited
Score
8.55
Website:https://fpgasia.com
10-15 years | Regulated in Australia | Regulated in Vanuatu | Market Maker (MM)
Score
8.55

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