If anyone was asked last two years that the Euro will be this weak and the Dollar this strong,We all as traders would fail such question easily,reason being that what is happening in the economy with currencies surging into dangerous trends is not a normal game,the market is getting very wild due to the weak euro and strong dollar index and Wars between nations play a vital Economic and political effect,The Dollar Index was 89 as at 2009 ,but…Continue
The Nigerian economy is said to be fueled mostly by money from crude oil,and many investors have invested billions into the oil and gas industry over years,despite the country depends mostly on crude pay,instability in governance has not allowed proper utilization of the oil and gas millions properly.
Presently with oil prices performing badly,Nigeria as one of Africa's power house faces difficulty alongside countries like Venezuela.
Now inflation in currency rates stepped into…Continue
cadjpy on short term signal H1=sell short 94.798 target TP 94.493
Buy signal target H1=95.016 target take profit at 95.280(BREAK HIGH BUY PRICE), Sell break lower prices will be if sell breaks 94.493 and properly breaks 94.276 lower to unseen price(which can only be seen in longer time frame weekly outlook)
If buy breaks higher than 95.280 it will head 95.552,and if a break high happens at 95.552 it means buy proper is in cadjpy ahead of price action levels…