Today in the main session there was high volatility. The JPY pairs sold off on JPY strength. The NZD/JPY and CHF/JPY sold off in both sessions. Both pairs are hitting large support areas so scale out most lots or exit. The GBP/JPY also dropped, this pair has more room to drop down to the 212.80 area. Gold also moved higher staring in the Asian session and into the main session. It was a strong move up but we do not see any bigger trends formed yet. The NZD was weak after the interest rate news in the Asian session, most movements were strong on all pairs. After these pairs consolidate we will reassess for the best trends in the next set of plans.
https://www.forexearlywarning.com/
Three (3) professional trading systems, 28 forex pairs, gold and crypto currencies. Join us for our weekly Spaces on X. @forexheatmap
https://www.forexearlywarning.com/
Three (3) professional trading systems, 28 forex pairs, gold and crypto currencies. Join us for our weekly Spaces on X. @forexheatmap
