In a similar fashion to last week the screening of relative equity performance points to broad based USD demand. US equites (in USD terms) have underperformed all ROW equities we screen.
The stand out pair is USDNOK. The combination of strong relative outperformance of the OBX and very strong seasonality on trade date month end off a interesting trading opportunity. We look to fade any USDNOK weakness post Norges Bank heading into the month end as positioning combined with flow may cause an outsized move. There is also strong reversal signals on month end T+1. NOK bulls should be aware of these short term risk to either add to core risk or lighten post Norges Bank.
The remaining equity movement aligns with USD demand.
The 10 year average seasonality likewise point to strong USD demand on trade date month end. USD demand vs SEK, NOK, AUD, NZD and EUR all stand out.
The stand out pair is USDNOK. The combination of strong relative outperformance of the OBX and very strong seasonality on trade date month end off a interesting trading opportunity. We look to fade any USDNOK weakness post Norges Bank heading into the month end as positioning combined with flow may cause an outsized move. There is also strong reversal signals on month end T+1. NOK bulls should be aware of these short term risk to either add to core risk or lighten post Norges Bank.
The remaining equity movement aligns with USD demand.
The 10 year average seasonality likewise point to strong USD demand on trade date month end. USD demand vs SEK, NOK, AUD, NZD and EUR all stand out.
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2. Signal Performance:
thedailyfx.com/performance/
3. Best Forex EA:
thedailyfx.com/beetle-ea/
4. Free Forex VPS:
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1. AccuTrade System:
tradingview.com/v/yDFPnb1J/
2. Signal Performance:
thedailyfx.com/performance/
3. Best Forex EA:
thedailyfx.com/beetle-ea/
4. Free Forex VPS:
myfxvps.com/get-it-free/
tradingview.com/v/yDFPnb1J/
2. Signal Performance:
thedailyfx.com/performance/
3. Best Forex EA:
thedailyfx.com/beetle-ea/
4. Free Forex VPS:
myfxvps.com/get-it-free/
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。