If the market continues to be on risk, JPY may weaken and GBP may become strong Although GBP is a bit weak at the moment, we expect a slight uptick. We change our trade according to the fundamentals of the marketFallow us fallow us t.me
CHF and JPY are safe haven currencies. Therefore, when the market is at RISK ON, both are Weak. Let's see how these two behave next week. You have to be very careful when buying a pair like this because both are safe haven currencies. So we need to look at the fundamentals of these two
From a technical point of view You can see a good strong buy trend in GBPUSD 4H Day Chart. Looking at the big picture of Monthly, it's been on a big sell trend since July 2014. But it shows us a good buy trend on the important day and on the 4h chart Fundamental analysis These days, GBP is also moving with some uncertainty due to brexit. The USD has weakened...
If market risk is active, AUDJPY will move higher. From a technical point of view, having a good day support line can have a good tendency to move upwards.
Technical analysis shows a very strong upward trend. But this view varies depending on the current situation and the functioning of the stock market. NZD is the HIGH BETA currency and JPY is the SAFE HAVEN currency. If the market is RISKOFF, the JPY will strengthen and the NZD will fall If the market RISKON, the NZD will strengthen and the JPY will fall