Good morning apache rider!
Interesting to witness the behaviour of the various financial centre’s trading sessions when tracking developments.
My watch list highlighted continued exuberance on GBPJPY & EURJPY this morning after the Asian session maintained the positive direction from London & New York. Both have scaled yesterday’s highs respectively & are above the Weekly & Daily opening prices. They were both decent buy candidates!
The GBPUSD is trying hard to push up, as are the EURUSD & AUDUSD, & although all 3 are trading above the Weekly open & today’s open, they’re all struggling to scale above yesterday’s high, so I suppose you could say they’re mildly exuberant?
I think content would be a better description.
Certainly not worthy of a bet today so far though.
The Asian session didn’t like the GBPUSD level however. Obviously it’s recovered somewhat since, because the London buyers are back in evidence.
The CAD is the complete reverse of the above. Not really doing anything at the moment, happy to languish contentedly at last weeks low & today’s open.
Edit:
And as I type, GBPUSD has now decided to make a move!