Hi guys, this is a long term (4 hour) Market Barometer Update. The JPY is over extended. If it pushes higher, it will quickly bounce. The JPY may strengthen a bit more, but should weaken for a few trading sessions after the next push.
The other currencies are grouped between the 60-40 area. We should see some pretty large moves form during the next few trading sessions. Should be good for trend trading ;)
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
The other currencies are grouped between the 60-40 area. We should see some pretty large moves form during the next few trading sessions. Should be good for trend trading ;)
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.