NZD - BULLISH
1️⃣ The annual yield on New Zealand government 10-year bonds has climbed to 1.12% from a low of 0.44% in September.
2️⃣ The ANZ World Commodity Price Index lifted 1.8% in December
3️⃣ Investors braced for President-elect Joe Biden’s COVID-19 spending plans, with trillions in new spending expected to be unveiled including heftier direct stimulus payments to Americans.
JPY - BEARISH
1️⃣ Investors retreated after Japan expanded a state of emergency in the Tokyo area to seven more prefectures amid a steady rise in cases.
2️⃣ Consumer spending is forecast to fall by more than 2 trillion yen (US$19.3 billion) as the declaration could lift unemployment and cut sales at eateries and retailers, corresponding to a 0.4% contraction in Japan's annual gross domestic product.
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Technical
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We are buying the NZDJPY above the support + above SMA 50 on the H1 chart.
1️⃣ The annual yield on New Zealand government 10-year bonds has climbed to 1.12% from a low of 0.44% in September.
2️⃣ The ANZ World Commodity Price Index lifted 1.8% in December
3️⃣ Investors braced for President-elect Joe Biden’s COVID-19 spending plans, with trillions in new spending expected to be unveiled including heftier direct stimulus payments to Americans.
JPY - BEARISH
1️⃣ Investors retreated after Japan expanded a state of emergency in the Tokyo area to seven more prefectures amid a steady rise in cases.
2️⃣ Consumer spending is forecast to fall by more than 2 trillion yen (US$19.3 billion) as the declaration could lift unemployment and cut sales at eateries and retailers, corresponding to a 0.4% contraction in Japan's annual gross domestic product.
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Technical
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We are buying the NZDJPY above the support + above SMA 50 on the H1 chart.
Trade active
Trade closed: stop reached:
✅ TRADE HAS HIT BE
+5 PIPS
+5 PIPS