Forex Diary for the week ending 22 Oct 2021

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slowish week after Yens drama last week ....

BULLS

ok week for Turquoise NZD and Orange AUD ... both hitting around +70 pips by week-end,

BEARS

Yellow yen had a smaller selloff this week to -80 pips by Wednesday ...then bounced Back

Green USD, Brown CAD, Grey CHF and even a late run by Red GBP all got down at times as well

but pretty quiet in truth for action .....

Trade of week ?

Anything Selling Yen and even USD into the NZD and AUD was ok to Wednesday , then some decent reversals in play to Friday .....classic Divergence / Convergence week vs opens

my Strengthmeters have given me a tremendous insight into the FX market for the last 21 years ....no magic boxes / no circus tricks or Gimmicks ....

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