Is gold massively undervalued.
Successful trading is intrinsic to risk management and discipline
- #40,703
- Jul 2, 2022 7:32am Jul 2, 2022 7:32am
{image}Could it be time to short UJ?
But, until BoJ maintain an accommodative policy stance, it is unlikely that JPY appreciates in the short term.
Also, on the economic data releases next week, we don't have much action going until Weds and major data release on Friday.
I think you have much more chances to harvest some pips with AUD (see economic calendar why).
AU close this week on S100, AC bellow S100 and AJ bellow S61, we may have some good oportunities next week on these pairs.
Green pips!
"In the end you only trade yourself."
{quote} Yes, could be the case, there is a probability. But, until BoJ maintain an accommodative policy stance, it is unlikely that JPY appreciates in the short term. Also, on the economic data releases next week, we don't have much action going until Weds and major data release on Friday. I think you have much more chances to harvest some pips with AUD (see economic calendar why). AU close this week on S100, AC bellow S100 and AJ bellow S61, we may have some good oportunities next week on these pairs.
Successful trading is intrinsic to risk management and discipline
- #40,709
- Jul 11, 2022 10:58am Jul 11, 2022 10:58am
- Joined Aug 2017 | Status: The Weekly Pivot is the only verdic | 1,081 Posts
We obey the structure that results from the market's reaction
