Trade idea

EURCAD Buy due to BoC meeting

EURCAD fundamental bias is bearish, but in the short term, it may push highs due to the BoC meeting on Wednesday, with expectations for a 95% hold on interest rates. July inflation in Canada rose to 3.3 percent from 2.8 percent previously and a forecast of 3 percent, while the core version was flat at 3.2 percent versus an expected decline to 2.8 percent

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RBA-BOJ monetary policy divergence continues to bullish AUDJPY.

Consumer inflation expectations in Australia rose to 5% in May from 4.6% in April, the latest data showed. Earlier this month, the Reserve Bank of Australia unexpectedly raised the cash rate by 25 basis points to 3.85 percent, saying further tightening may be needed to ensure inflation returns to target within a reasonable timeframe.

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NZDCAD, Long and Short Opportunity

NZDCAD trend is bearish.
But for now, this pair is on a demand area. 0.826 to 0.830 range area, so if we want to prepare to buy this currency, we must wait for the change of this downward trend to an upward trend

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CADJPY

CADJPY BUY area

This pair, CADJPY seems to change its direction to the long. retracement on lower prices could be a great opportunity to enter a new long position with a nice win

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EURJPY flag trade idea

EURJPY, short at higher prices

EUR/JPYย braked the 142 area to the higher prices.The further upside seems likely in the short term but it would be good to wait and take a short in higher prices

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Catch gold correction

Gold/XAU at a major resistance level, around $2000 could be a good opportunity to catch a reversal/correction to the lower levels around $1963 with a good risk/reward according to the

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