Reason: The Reserve Bank of New Zealand (RBNZ) has signaled a more dovish stance amid concerns about slowing economic growth and declining consumer confidence. In contrast, the Bank of Japan (BoJ) is maintaining its ultra-loose monetary policy but is showing signs of potential adjustment due to rising inflationary pressures. This divergence in monetary policy may widen the interest rate differential, making the New Zealand dollar less attractive to investors compared to the Japanese yen. Furthermore, external factors such as commodity price fluctuations and geopolitical tensions could negatively impact the NZD, while the JPY remains a safe-haven currency. As a result, shorting NZD/JPY could capitalize on these fundamental shifts.

Strategy Overview: After years of being a discretionary trader, I’ve automated my strategy to generate signals automatically and opened it to the public now. I no longer need to manually search for trades. I use data analysis and methods to identify and capitalize on market opportunities.

Risk Management: I only risk up to 1% of my total balance on each trade. This strategy minimizes losses and keeps my portfolio stable, even when market conditions change.

Join the Journey: If you like what you see, come along on this journey and give me a follow so you don’t miss any trades that my system may generate. But keep in mind, there might not be trades every day!

Short NZDJPY

Nov 04 2024