[Immediately Useful Article★] Analysis and Strategy for USD/JPY and EUR/USD from Monday, May 16
Week 2 of May was
a period where indicators and materials
did not matter and conditions remained
high volatility as usual
At the end of the week
stocks and bonds
showed a rapid rebound
The VIX fear index
is still at a high level
but has fallen rapidly
and closed at 28.87
Overall market volatility remains high
Will it rise further in the latter half, like March and April?
Let’s proceed with caution
and stay on guard☆
【Sentiment Analysis】
【Position Ratios】
Dollar/Yen
Long about 74%
Short about 26%
Euro/Dollar
Long about 76%
Short about 24%
Other currency pairs
as shown in the photos
Photo ①
UK's largest IG Group
Global Data
Photo ②
Swiss Bank Group
Ducas Copy
In the FX market
they boast the largest trading volume
Euro/Dollar
Dollar/Yen remains counter-correlated
a situation that supports the persistence of the trend
【Dollar/Yen】
The hourly chart's trend direction is