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08/19/2023 23:02
Release： 08/19/2023 23:02
Update： 08/19/2023 23:02
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The Way of Investment
We will explain trading based on the long-term chart as the core. For charts such as daily and 4-hour charts, we will practice a method that selects the most suitable currency pair based on the strength data of each currency and trades accordingly.
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The Way of Investment (Part 71)

The Way of Investment (Part71)

Summer Vacation Special Edition (Continuation)

 

　The Way of Investment (Part67,69) “Summer Vacation Special Edition” continuation.

 

1.      FallingAUDUSD



On the daily chart,8consecutive bearish candles appeared. After that, a smaller timeframe pattern appeared, so a reversal might be coming. However, looking at the currency strength chart, USD is still strong and AUD is weak, so the downward trend may continue for a while. Depending on the situation, it could drop to the most recent low from a previous level. In any case, wait until a reversal break occurs.

 

 

 

 

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GogoJungle Corporation
Registration Number for Financial Instruments Business: No. 1960 - Kanto Finance Bureau (Gold Trading)
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Registration Number for Financial Instruments Business:
No. 1960 - Kanto Finance Bureau (Gold Trading)
A member of General Incorporated Association
Japan Investment Advisers Association
Financial Services Agency Japan Investment Advisers Association Financial Instruments Mediation Assistance Center Securities and Exchange Surveillance Commission

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