CHFJPY has broken out of the ascending triangle it has been forming for about 8-9 weeks.
Momentum is purely on CHF side, even though 10 year yield spreads are moving lower between Suisse and Japan.
It's hard to say whether Japan will ultimately get off the negative interest rate environment.
Spring wage negotiations have become so will have to wait.
Technically this is very bullish. Fundamentally I have an even bias.
Suisse inflations came out in line and its more the rental market focus on their end now.
The economy is doing ok. European recession fears and rate cuts would favour Suisse flows.
Geopolitics with oil tanker attack should favour more Suisse upside as risk off sentiment prevails.
Stops at 169.6
Target at 177-178 (will update).
Momentum is purely on CHF side, even though 10 year yield spreads are moving lower between Suisse and Japan.
It's hard to say whether Japan will ultimately get off the negative interest rate environment.
Spring wage negotiations have become so will have to wait.
Technically this is very bullish. Fundamentally I have an even bias.
Suisse inflations came out in line and its more the rental market focus on their end now.
The economy is doing ok. European recession fears and rate cuts would favour Suisse flows.
Geopolitics with oil tanker attack should favour more Suisse upside as risk off sentiment prevails.
Stops at 169.6
Target at 177-178 (will update).
交易結束：達到停損點
Got stopped out.Will try again!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。