A1 TRADING | Forex & Futures
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The Edgefinder’s full breakdown of AUDJPY!
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Best Pairs to Sell This Week
As we await significant economic news releases over the coming days (such as Australia’s quarter-over-quarter GDP growth tonight at 7:30 pm ET, an interest rate hike and corresponding statement from the Bank of Canada on Wednesday at 10 am ET, and the latest Producer Price Index numbers for the US on Friday at 8:30 am ET), it is worthwhile to consider which pairs the A1 Edgefinder already suggests monitoring. With this in mind, here are the EdgeFinder’s three potential best pairs to sell this week, listed below with their respective ratings, signals/biases, and corresponding charts. Due to the New Zealand Dollar’s holistic strength as of late, they are currently all NZD pairs. Additional comments on fundamentals and technical analysis will also be provided.

https://a1trading.com/best-pairs-to-sell-this-week/
The Edgefinder's Historical Backtests 🤩 See how the Edgefinder has performed historically!
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USD/JPY Analysis
USDJPY is tending well below its historical pattern for the year. The pair usually stinks at the end of the year but price fell off much worse than expected. The good news is that we may be looking at a discounted UJ which could be on track to future gains. COT data shows us that institutions are putting more money into this pair this week while letting go of the yen. USD is now over 75% long of futures contracts and is one of the most bought assets on the market. If investors are looking too long USD, this might be a good opportunity from a price action standpoint as the pair begins to pivot at the lows.
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💡Introducing the Edgefinder’s *Brand NEW* Gold Market Scanner Page

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