Identified a more pronounced risk aversion bias in the current market after integrating news opinion, social media keyword distribution and institutional trading behavior. Recent economic data has deviated from expectations, raising concerns about global economic growth. Relevant currency pairs gradually lost the initiative in the market, and the price trend showed signs of weak oscillation or downward break.
From the viewpoint of sentiment index, investors generally turned to be cautious, and the attraction of safe-haven assets such as the dollar, yen, Swiss franc, etc. rose. This risk aversion is also confirmed on the flow side of the equation - the system recognizes that some funds have withdrawn from risky currency pairs and flowed to more liquid assets.
Combines these dynamic information to judge that the bearish trend may continue in the short term, and recommends that investors maintain a defensive mindset and lay out their strategies in a predominantly short direction.
From the viewpoint of sentiment index, investors generally turned to be cautious, and the attraction of safe-haven assets such as the dollar, yen, Swiss franc, etc. rose. This risk aversion is also confirmed on the flow side of the equation - the system recognizes that some funds have withdrawn from risky currency pairs and flowed to more liquid assets.
Combines these dynamic information to judge that the bearish trend may continue in the short term, and recommends that investors maintain a defensive mindset and lay out their strategies in a predominantly short direction.
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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.