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The USD Put Up A Fight, ‘Risk On’ Still Eyed

The underlying risk appetite conditions won't go away that easy. Even if a setback in the risk dynamics came about, it is still far from posing a serious technical threat in the overall daily bullish trends in those markets most sensitive to risk flows, namely the S&P 500 or the Aussie.

โœจMy name is Ivan Delgado, Market Insights Commentator at Global Prime and FX Trader. I am on a mission to pass on my decade-long knowledge by providing regular market commentary and educationa that is applicable, actionable and insightful (no-nonsense).

๐Ÿ”ด The underlying risk appetite conditions won’t go away that easy. Even if a setback in the risk dynamics came about, it is still far from posing a serious technical threat in the overall daily bullish trends in those markets most sensitive to risk flows, namely the S&P 500 or the Aussie.

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๐Ÿ’ฒIf youโ€™d like to access the G8 FX Indices I use, feel free to access the following public document (copy/paste the blue box in tradingview) ย or alteatively, you can access the indices charts via Mataf.net