CADCHF - Bullish Bias
CAD - BULLISH
1️⃣ The Bank of Canada (BoC) held its interest rate unchanged at 0.25% during the April meeting, as widely expected, however, the bank said it will adjust weekly net purchases of Government of Canada bonds to a target of CAD 3 billion from CAD 4 billion, effective the week of April 26.
2️⃣ Rallied oil prices underpinned the CAD.
CHF - BEARISH
1️⃣ Risk-on tone weighing on the safe-havens CHF.
=====
Technical
=====
We are looking to buy the CADCHF on the RBS + above SMA50 on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
1️⃣ The Bank of Canada (BoC) held its interest rate unchanged at 0.25% during the April meeting, as widely expected, however, the bank said it will adjust weekly net purchases of Government of Canada bonds to a target of CAD 3 billion from CAD 4 billion, effective the week of April 26.
2️⃣ Rallied oil prices underpinned the CAD.
CHF - BEARISH
1️⃣ Risk-on tone weighing on the safe-havens CHF.
=====
Technical
=====
We are looking to buy the CADCHF on the RBS + above SMA50 on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Ordine annullato
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.