this month has been a great for risk aversion and people went to buy safe heaven currency usd jpy. Other currencies fell a lot this month specially GBP USD and AUD USD.
i was a bit confuse about the market but negative retail sales and CPI release confirmed me that people are buying USD JPY and Selling GBP USD.
Some times technical analysis is not enough you have to look in fundamentals for direction.
note there are some floating losses still in the account.. But that is in toll arable position compared to account deposit size.
i was a bit confuse about the market but negative retail sales and CPI release confirmed me that people are buying USD JPY and Selling GBP USD.
Some times technical analysis is not enough you have to look in fundamentals for direction.
note there are some floating losses still in the account.. But that is in toll arable position compared to account deposit size.
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