Hi guys, the short term market barometer has some nice divergence and should provide some trade set-ups soon. The AUD and JPY are over-sold and ready for a 'short term' consolidation. The EUR and USD are both should strength, however, the EUR recently pushed above 80, so we may see a short term consolidation before the next push up.
The CHF, GBP, CAD and NZD are all stuck in the 60-40 area. Meaning, no clear bias at the moment.
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
The CHF, GBP, CAD and NZD are all stuck in the 60-40 area. Meaning, no clear bias at the moment.
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
