This week's outlook
The midweek outlook was that the indicators were on Tuesday and Wednesday, so I took a break.
The US presidential election results came in with Mr. Trump winning, and his pledges and statements stood out clearly in the headlines.
In the United States, there is news that the capital gains tax on cryptocurrencies will be abolished.
With the 503 method, the USDJPY achieved 100 pips on a short position, didn’t it?
Even when movements are as rapid as this week in the future, if you understand the 503 method, you can instantly determine the direction of the trend, so it’s easier to read.
The table below refers to the pairs with circles.
From the 503 method, make sure to look at the important points properly.
Well then,
these are the currency pairs from this week viewed through the 503 method.
NZDJPY AUDJPY CADJPY USDJPY EURJPY CHFJPY GBPJPY | × × × × × × × | AUDCHF CADCHF AUDUSD NZDUSD AUDCAD AUDNZD | 〇 △ 〇 〇 〇 〇 | EURGBP EURCHF EURUSD EURCAD EURAUD EURNZD | × 〇 〇 △ 〇 〇 | GBPCHF GBPCAD GBPAUD GBPUSD GBPNZD USDCHF USDCAD | × 〇 〇 × △ 〇 × |