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VIX and US futures along with risk currencies confirm shift in sentiment

March 24, 2020February 17, 2026 by Anna Coulling Comment Closed

VIX and US futures along with risk currencies confirm shift in sentiment As the London forex session gets into full swing, sentiment is clearly displayed on the VIX which is trending lower as risk on sentiment returns with equities push ing higher on US futures markets. And of course currency flows from the yen and other risk currencies confirm the picture. https://youtu.be/svEykuvd-J8 00:09 Introduction and market context 00:09 The speaker explains that Anna, who is Italian and has relatives in Italy, has been emotionally affected by the grim situation there in recent weeks. After apologizing for the emotional tone, the speaker shifts focus to their trading setup, mentioning the Aussie yen chart and TradingView on the screen as they prepare to start the analysis. 00:41 TradingView indicators and VIX explained 00:41 The speaker discusses various trading indicators displayed on their screen, mentioning the 4100 index which has recently opened and is climbing in real-time. They also note the DAX futures data is delayed on this feed, while the FTSE index...

Muted reaction to NFP for equities

March 6, 2020February 17, 2026 by Anna Coulling Comment Closed

Muted reaction to NFP for equities Fundamental news is often cyclical, and the importance of one type will vary according to where we are in the economic cycle. In addition, such items may be overshadowed by more prescient news, and this is certainly the case at present with the coronavirus dominating world headlines and driving fear in the markets. So it was no surprise to see the monthly NFP release have little impact on US indices, which paused momentarily before continuing their journey South as we can see across the three sisters here of the YM emini, the NQ emini and the ES emini. Note the weakness in the reaction at the top of the 5 m charts. Non-Farm Payroll (NFP): A Key Economic Indicator for Traders Non-Farm Payroll (NFP) is one of the most anticipated economic releases in the trading world. Issued monthly by the U.S. Bureau of Labor Statistics, NFP reports the change in U.S. employment excluding farm workers, private household...

NZD/USD strongest this morning

March 6, 2020February 17, 2026 by Anna Coulling Comment Closed

NZD/USD strongest this morning As I mentioned yesterday, history will judge whether this week's action by the FED was prudent or foolish, but what cannot be denied is the effect on the US, which is a free fall and looking to move towards the 96 price point. This makes today's non-farm payroll release even more important, as a strong number should give the USD some support. The weekly chart for the DXY shows the extent of this week's move as well as the downside levels ahead. And it's the nzd/usd which has been the strongest of the majors this morning, as we can see on the chart above. A wonderful trend higher supported with the trend dots and trend monitor indicators. The New Zealand Dollar (NZD): Economics, Key Drivers, and the Carry Trade The New Zealand dollar (NZD), often nicknamed the "Kiwi," is a commodity-linked currency highly sensitive to global economic forces. In 2026, NZD trades around 0.60 USD, influenced by the Reserve Bank...

Weak AUD/JPY signals return to risk off

March 5, 2020February 17, 2026 by Anna Coulling Comment Closed

Weak AUD/JPY signals return to risk off It's been a day of weakness for the Aussie yen as risk-on sentiment evaporated once more, with markets remaining fragile and nervous as each day reveals fresh news on the current virus sweeping the globe. As a barometer of risk the AUD/JPY is always one currency pair that reveals this sentiment clearly, with the Aussie dollar considered a risk currency and the Japanese yen a safe haven. This weakness was signaled earlier in the week with the failed effort to rise on high volume and now followed by a bearish engulfing candle. AUD/JPY: The Ultimate Risk Sentiment Barometer in Forex Markets The AUD/JPY currency pair is one of the most widely watched "risk-on/risk-off" indicators in the forex world. Often called the "risk barometer" or "carry trade proxy," AUD/JPY moves in near-perfect alignment with global risk appetite. When investors feel optimistic and are willing to take on risk, AUD/JPY rises sharply. When fear returns and risk aversion...

Great VPA lessons on the CAD/JPY

March 5, 2020February 17, 2026 by Anna Coulling Comment Closed

Great Volume Price Analysis Lessons On The CAD/JPY Some classic price action on the CAD/JPY daily chart, and in particular, several volume price analysis lessons to take away. First, note the volume anomaly on the wide spread up candle. Volume is average, so the market makers are not participating, as the trap is set. Clearly, volume and price are not in agreement, and this is a sure signal of weakness ahead. The price waterfall is developing as expected, and note the rising volume in a falling market, confirming the strength of the trend. Finally, in the last few days, we have had a two-bar reversal on good volume, with the currency pair looking weak. And remember, the Canadian dollar is closely associated with oil and with the recent fall in oil prices, this has also been reflected in the currency and one of the topics I cover in my free forex webclass. Volume Price Analysis (VPA) 101: A Beginner's Introduction Volume Price Analysis (VPA)...

Crossover session traps

March 5, 2020February 17, 2026 by Anna Coulling Comment Closed

Crossover session traps The crossover sessions in forex occur when trading in one timezone closes and another opens and can be a very dangerous time for traders. Why? Because this is where insider traps are set. The London open always is a fertile ground and there was a great example on the usd/jpy. Heavy buying in the pair on the previous day resulted in a nice move higher in Asia with the pair moving into consolidation ahead of the London open. Prior to the open the pair started to move higher on reasonable volume but reversed lower at the open on high volume until the hammer candle, again on high volume pushed the pair back towards the consolidation (the yellow line on the chart). Session Crossover Traps: How Market Makers Catch Unwary Traders (and How to Avoid Them) The session crossover — the moment one major trading session hands over to the next — is one of the most dangerous times of the day for...