Rsc
USD & CAD selling to overpower JPY buying pressureUSD & CAD selling pressure soon to overpower JPY buying pressure..
The drop will confirm the start of the UJ Seasonality season. Risk is on I believe. Gold is a good buy and so are CHF, EUR, GBP, AUD & NZD imho
JPY and CAD are also a good buy as soon they detach from the devaluing USD, till then I expect a steep sell. Traditionally this is the same or next day if I remember well so stay tuned.
More info on this subject at the related ideas referenced below.
Make up your pairs!
USDCHF break down on the dailyHaving tested support twice one may think it will liley hold. However looking at the individual currencies using my custom relative strength indices here I discovered this slightly parabolic upward momentum of CHF. This compared with the ongoing USD devaluation since October which has not given any strong signs of reversal, it may very well lead to a break of daily support at 0.966.. And it agrees with UJ seasonality patterns and signals.
