Is November going to be another Usd month?
US has the strongest fundamental basis at the moment, with Economic data picking up
We should see more bullish tone in for example Usd/Jpy this month,
although I do believe there is going to be retracement first
Still, there is no reason to believe that anything will change this month;
technically - Usd/Jpy is highest since 2008, and is up at 61.8% fibonacci retracement of highest level ever
Other Usd pairs, like Eur/Usd, and Gbp/Usd are suffering from this strength
I will be following this trend the coming month
Gl All
US has the strongest fundamental basis at the moment, with Economic data picking up
We should see more bullish tone in for example Usd/Jpy this month,
although I do believe there is going to be retracement first
Still, there is no reason to believe that anything will change this month;
technically - Usd/Jpy is highest since 2008, and is up at 61.8% fibonacci retracement of highest level ever
Other Usd pairs, like Eur/Usd, and Gbp/Usd are suffering from this strength
I will be following this trend the coming month
Gl All