NZDJPY - Is the WAR SENTIMENT OVER? Will BE MARKET RISK ON? - The NZD CPI DATA, one of the most important EVENTs for the NZD, is due out this week. It is set to release tomorrow. FLASH MANUFACTURING DATA for JPY is set to release on Friday. LOW IMPACT NEWS Even though it will be very important.
- NZD FEATURE is currently down a bit. The main reason for that is because MARKET RISK OFF. Again it will be UP. Today there is a slight market risk on the situation. The NZD FEATURE stands at 0.6760 LEVEL. The JPY FEATURE has been heavily DOWN before. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. NZDJPY prices are moving higher than DYNAMIC LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is being POSITIVE. Yesterday a RISK ON TONE was PLAY. STOCKS Somewhat showing a NEUTRAL BIAS at the moment. And VOLATILITY is DOWN. Also COMMODITIES still shows a DOWN SIDE BIAS. There is a NEUTRAL BIAS currently on the market. It's a bit more than the UP SIDE BIAS. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data we have received so far we can say that MARKETS RISK is turning ON.
- NZDJPY Price may be slightly higher at 89.50 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be DROP. It may fall to LEVEL 82.09 by breaking the TREND LINE. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
