Technical Analysis
CADJPY Analysis : The War Between Safe-Haven and Commodity Currencies
Posted by Klejdi Cuni on
Over the past two weeks when was released the news that the attack in Ukraine began, we saw a shift of money directed to safe-haven currencies.As you may know, the three main safe havens are considered USD, JPY, and CHF.When we are in these situations USD, JPY and CHF tend to increase their price values change quickly.However, this time everything developed in a different way. We can see a clear adaptation of the market to the relevant situation.From February 24 22 to March 03 22 between the currencies in the CAD and JPY charts, the Canadian dollar showed that it was stronger....