Monday 18th of October

Good morning folks, I hope you’re well!

Currently in a hostel in Toronto, really enjoying my time in this city after having spent a month in Montreal, that being said, I’m forced to hotspot my internet to be able to get access to tradingview since their wifi has a problem…

Anyway, we’ll make due as we always do!

FX Watchlist

CAD/JPY

Canadian Yen is on my watch even tho the price action hasn’t been amazing recently due to the area of supply we find ourselves situated within at the moment. It’ll be interesting to see what happens from here!

EUR/GBP

Euro Pound is slightly lower than the area of demand, so I’m mainly keeping it on my watch to be diligent but let’s see what happens. I am allowed to take a position as long as it hasn’t been moving sideways for 24hours, so I just have to be patient 🙂

NZD/JPY

Kiwi Yen is approaching an old area of supply we haven’t seen in a long, long time, it’ll be interesting to see what happens. It’s also important to remember that banks / institutions probably no longer care about this area, however central banks may

USD/JPY

Dollar Yen is the last pair I have on my daily watchlist, it’ll be interesting to see what happens from here if / once we reach the area of supply. the move higher hasn’t really seen a large correction so maybe it’s the right time for that to happen!

Have a great one folks!