After taking a hit from trading the NZDJPY last week, I have been keeping a close eye on the GBPJPY as it continues to retrace the decline from earlier this month, and we may see the pair trend higher over the near-term on the back of Japanese Yen weakness....
I recently got stopped out of my AUD-short position in near-record time, but I remain bearish ‘risk’ and haven’t given up just yet. I think the AUD may outperform relative to the NZD, and as such I’d like to concentrate my efforts...
This past week has seen high levels of volatility; but there has been little consistency when it comes ot overall direction. This is especially true for those pairs that are highly sensitive to underlying sentiment trends. The dramatic shift from fear...