Forex Diary for the week ending 22 Oct 2021

My fixstart indicator on chart is available here for £15 donation to charity


https://uk.virginmoneygiving.com/FXCorrelator


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 ....


N


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