NZD - BULLISH
1️⃣ Strong risk appetite as investors proved optimistic on the hopes of a global recovery aided by effective vaccine rollouts and further stimulus for the US economy.
2️⃣ New Zealand reported no new cases of COVID-19 in the community and no cases in managed isolation to report today.
JPY - BEARISH
1️⃣ Strong risk-appetite throughout Asian trade dented the safe-haven Yen as Bank of Japan Governor Haruhiko Kuroda defended the BoJ’s ultra-loose monetary policy, stressing that it was premature to debate an exit from the central bank’s huge purchases and holdings of exchange-traded funds while the coronavirus pandemic continues to ravage the economy.
2️⃣ The upbeat market mood undermined the safe-haven JPY.
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Technical
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We are looking to buy the NZDJPY on RBS + above SMA 50 on the H1 chart.
1️⃣ Strong risk appetite as investors proved optimistic on the hopes of a global recovery aided by effective vaccine rollouts and further stimulus for the US economy.
2️⃣ New Zealand reported no new cases of COVID-19 in the community and no cases in managed isolation to report today.
JPY - BEARISH
1️⃣ Strong risk-appetite throughout Asian trade dented the safe-haven Yen as Bank of Japan Governor Haruhiko Kuroda defended the BoJ’s ultra-loose monetary policy, stressing that it was premature to debate an exit from the central bank’s huge purchases and holdings of exchange-traded funds while the coronavirus pandemic continues to ravage the economy.
2️⃣ The upbeat market mood undermined the safe-haven JPY.
=====
Technical
=====
We are looking to buy the NZDJPY on RBS + above SMA 50 on the H1 chart.
Order cancelled
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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.