AUDJPY - Going Contrarian to News & Media?
We have been hearing some negative sentiment in the market, about how the next recession is near and coming...
The thing here is you need to realize where you are 'hearing' such news from. Ahem... most of the time, likely from the news or media.
The question here is are they really that reliable?
Well... based on our analysis (not the AUDJPY of course), we are unlikely going to see the next recession in the coming 6 to 12 months.
That being said, if the macro analysis tells us that we are unlikely to see a recession so soon, will we then be transiting back into a risk-on environment?
If that's the case, then the analysis here on AUDJPY will be good opportunity as a potential carry trade :)
Disclaimer - this is not a trade recommendation. Ensure you have proper trading and risk management plan before you execute any trades.
The thing here is you need to realize where you are 'hearing' such news from. Ahem... most of the time, likely from the news or media.
The question here is are they really that reliable?
Well... based on our analysis (not the AUDJPY of course), we are unlikely going to see the next recession in the coming 6 to 12 months.
That being said, if the macro analysis tells us that we are unlikely to see a recession so soon, will we then be transiting back into a risk-on environment?
If that's the case, then the analysis here on AUDJPY will be good opportunity as a potential carry trade :)
Disclaimer - this is not a trade recommendation. Ensure you have proper trading and risk management plan before you execute any trades.