Disliked{quote} GU is about to have a momentum shift with the NZ (hasn't happened yet). They haven't crossed yet. It's possible they might have a shift in the other way for a bit but the NZ could be a bottom for today. And to answer your questions, I monitor all major 8 currencies. JPY has been loosing momentum but looks like a bottom is forming. You could be looking to long NZDJPY or AUDJPY in the next 24hours. EURJPY long could be coming within the next 12hours. Hope this helps {image}Ignored
By the way this currency indicator is your own work? I have checked many those currency strenght indicators and only found 1 that was really good one that had short term shifts implemented which worked good on bounces (judging from video), its from trader Mark, Apollo indicator.
Your are probably right on AJ long, as XJPY index has turned somehow bullish on that strong retracement. I will have to kill GJ shorts most likely.