ASIAN FOREX

MAGAZINE EVERY
THURSDAY
FUNDAMENTAL + SENTIMENT + TECHNICAL

1ST EDITION
WEEKLY FOREX MAGAZINE

TIPS
FOLLOW TREND
OR ALERT SNR
Technical Issues

REVIEW
MARKET
Middle of the week
BANK OF
CANADA
INTEREST RATE
ANOUNCEMENT
 ASIAN FOREX MAGAZINE

CONTENTS
RUNNING + FITNESS + FOOD

EDITOR'S NOTE
My name is Ahmad Faizuddin B. Razali. I am the editor of
Malaysian Forex Magazine. And now, i'm going to launch next
product, which is Asian Forex Magazine.

This is our first edition. We are going to release every Thursday,

weekly free edition for everyone. If you are current reader of MFM
which released every Monday, this AFM is going to be a
complementary for MFM.

So, thank you for all the support, have a safe and successful
trading everyone!.

BOC INTEREST RATE

A story of a retired athlete on pursuing and
finishing his ultimate race. He has been called
the world's most marketable athlete of his

INTEREST RATE DECISON time. 

TECHNICAL ISSUE
BY BANK OF CANADA For maintaining energy to repairing muscles
runner and chef Isaac Mills shared some
healthy
diet plans on how to get that extra mile.

EXCLUSIVE!

THE BEST PAIR TO

TRADE

03
TECHNICAL ISSUE FOCUS: CAD/JPY
SEPTEMBER 2015 | ISSUE 05

Follow the trend is the best The best pair based on

options in trading or it fundamental, sentiment 21-1A BLOK L, JALAN SEKSYEN 3/10 TAMAN 
might turn to be a trap?. and technical analysis. KAJANG UTAMA, SELANGOR DARUL EHSAN

WWW.MAJALAHFOREXMALAYSIA.COM
(TEMPORARY)
 ASIAN FOREX MAGAZINE

IMPORTANT
INFORMATION IN BOC
STATEMENT
MAINTAIN RATE
BOC maintained the
interest rate level at
1.75%, as expected by
analyst.

OVERALL ECONOMY
Economic picking up in
second quarter year of
2019.

ECONOMIC DATA
Job data reported strong
FILE PHOTO: Bank of Canada Governor Stephen Poloz speaks during a news conference in Ottawa growth indicate positive
economy and oil sector

BANK OF CANADA
seem to be recovered.

OVERALL
ANNOUNCEMENT Positive statement 
might give Canada
Dollar some supporting
value convinced investor
to buy CAD.
By Ahmad Faizuddin B. Razali

OFFICIAL STATEMENT: The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The
Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.

Recent Canadian economic data are in line with the projections in the Bank’s April Monetary Policy Report (MPR),
with accumulating evidence that the slowdown in late 2018 and early 2019 is being followed by a pickup starting in
the second quarter. The oil sector is beginning to recover as production increases and prices remain above recent
lows. Meanwhile, housing market indicators point to a more stable national market, albeit with continued
weakness in some regions.

Continued strong job growth suggests that businesses see the weakness in the past two quarters as temporary.
Recent data support a pickup in both consumer spending and exports in the second quarter, and it appears that
overall growth in business investment has firmed. That said, inventories rose sharply in the first quarter, which
may dampen production growth in coming months.

The global economy is also evolving largely as expected since April, although the recent escalation of trade
conflicts is heightening uncertainty about economic prospects. In addition, trade restrictions introduced by China
are having direct effects on Canadian exports. In contrast, the removal of steel and aluminum tariffs and
increasing prospects for the ratification of CUSMA will have positive implications for Canadian exports and
investment.

Overall, recent data have reinforced Governing Council’s view that the slowdown in late 2018 and early 2019 was
temporary, although global trade risks have increased. In this context, the degree of accommodation being
provided by the current policy interest rate remains appropriate. In taking future policy decisions, Governing
Council will remain data dependent and especially attentive to developments in household spending, oil markets
and the global trade environment.

Source: https://www.bankofcanada.ca/2019/05/fad-press-release-2019-05-29/
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“I BELIEVE IN

ANALYSIS AND NOT

FORECASTING.”
 ASIAN FOREX MAGAZINE

TEHCNICAL ISSUES

SHOULD WE CONTINUED BUY

OR CONSIDER THE
PROBABILITY TREND IS
MIGHT GOING TO BE
CHANGED?
KEEP ON BUY

KEEP ON BUY

FOLLOW THE TREND

OR ALERT SNR?
When the price momentum is one sided, either bullish or
IMPORTANT bearish, traders should follow the current trend. Always make
TECHNICAL ISSUE friend with the trend, one of the popular tips shared among
the traders.

But the questions rise, how long is that trend valid for us to
By Ahmad Faizuddin B, Razali
guide us in our trading?. Never ending trend?. Trend
exhausted?.

That's why, just keep believing in trending move might caught

us in a trap, especially when the trending move is approaching
the major support and resistant. Please beware if you are to
confident in following the market trending, just in case, you
are forgetting to check the SNR level.

In our case, CAD/JPY is the best situation to explain this

situation.
 ASIAN FOREX MAGAZINE

THE BEST
FOCUS
In our recent Malaysian Forex Magazine
edition-29, of of our focus was to look for

PAIR TO
the best position buying the pair of
CAD/JPY.

The reason is, Canada Dollar have

TRADE
promising prospects in term of economic
growth, important data economic and
better monetary policy compared to Yen
Japan, which seems to be lacking of positive
vibe.

Recent Bank of Canada announcement

validated that situation. So, the next step is
to focus on technical part, finding the best
entry zone which provide us low risk but
By Ahmad Faizuddin B. Razali high probability in return.
 ASIAN FOREX MAGAZINE

LIVE In our private telegram group, we have already discuss the chance of getting good trading

DISCUSSION position buy in CAD/JPY right after the Bank of Canada reveal their latest economic situation.

IN TELEGRAM Fundamental CAD is better than JPY, and for the technical part we founded the support area based on

GROUP
time frame W1. To looking for the best entry, tune to time frame H4 and the price making new low and
that's is the best entry.

We are forecasting this pair will aim for 83.000. Please consider the risk if you are interested in this
trading opportunity.
“EVERY TRADER HAS STRENGTHS AND

WEAKNESS. SOME ARE GOOD HOLDERS

OF WINNERS, BUT MAY HOLD THEIR

LOSERS A LITTLE TOO LONG. OTHERS

MAY CUT THEIR WINNERS A LITTLE

SHORT, BUT ARE QUICK TO TAKE THEIR

LOSSES. AS LONG AS YOU STICK TO

YOUR OWN STYLE, YOU GET THE GOOD

AND BAD IN YOUR OWN APPROACH.”

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