- Volatility within the western markets potentially may increase
- Could this appreciate the USD or will it strengthen the AUD with close ties to the CNY
Medium Risk Setup:
-Medium risk setup
- Limited exposure on position
Fundamentals:
- Logikfx quant score +20 AUD, - 40 JPY. JPY showed - 30 the day before, showing an increasing weakness shift.
- Trade has potential to shift to neutrality, more of a speculative one backed by logic.
- If scores continue to diverge, it can be a promising up trend.
- Could this appreciate the USD or will it strengthen the AUD with close ties to the CNY
Medium Risk Setup:
-Medium risk setup
- Limited exposure on position
Fundamentals:
- Logikfx quant score +20 AUD, - 40 JPY. JPY showed - 30 the day before, showing an increasing weakness shift.
- Trade has potential to shift to neutrality, more of a speculative one backed by logic.
- If scores continue to diverge, it can be a promising up trend.
Note
Take profit almost hit, scaling out accordingly.
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.
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.