Aussie & Stocks = Crushing Blow For Risk Sellers?
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Aussie & Stocks = Crushing Blow For Risk Sellers?

Authored by Ivan Delgado

Ivan Delgado is a decade-long Forex Trader. Feel free to follow Ivan on Youtube. Join thousands of traders who follow Ivan's insights to increase their profitability rate by learning the ins and outs of how to read and trade financial markets. Ivan has you covered with in-depth technical market analysis to help you turn the corner.

✨My 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).

🔴 It’s worth underscoring how paramount it is to keep reinforcing the sense of broader ‘risk on’ conditions by way of both the AUD/JPY (2 days ago) and now the AUD/USD breaking structures, creating along the way a fresh bullish cycle off the daily timeframe. In my book, and until proven wrong, this price action delivers a crushing blow to risk sellers…

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💲If you’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)  or alteatively, you can access the indices charts via Mataf.net