More Wednesday market.
- CHF (pink) most bid that session +1.94%.
- GBP (blue) most sold that session -2.37%.
Definitely risk-off sentiment, continuing. This time it was the Swiss’ turn. And both other safe havens (USD (white) and the JPY (purple) took a good bid.
Let me clue you in on something. The only pair I trade, and watch closely, is the AUD/JPY. Therefore I have extra data on that. I’m gonna show you in a minute. But, the reason why I picked that pair is because it’s the one pair you can look at, correctly, and discern what the sentiment is, in aggregate. Risk-on would equate to a rising chart. Aussie strong and Yen weak. Right? Likewise if the sentiment was risk-off, in the market, you would see that chart going down.
Well, what have my numbers been lately? I’ve been saying it’s risk-off. Now, let me show you this in more detail. Ready?
That right there is the running %'s since the beginning of the year. Between the AUD and the JPY only. Daily end totals. And it’s the spread between them. On the left side, where the 41.57% number is, is April 10th. Up to the present. Well, yesterday’s close. And you can see how many trading days there was since the beginning of the year (90). So, sometime since the middle of April we had a top. That was the last time the risk assets were in control. Was all downhill since then.
This is broken up by sessions. Of course the purple is the Yen, and the red is the Aussie. Those %'s are their running %'s on a monthly basis. Meaning, starts and stops according to the calendar. Those are individual numbers.
And just so you know, those %'s mean how they compared to all of the rest of the currencies.
That was what April looked like for them individually. Those are daily running %'s. Of course you can see the volume of that pair. Daily end volume for AUD/JPY.
Well, that puts a lot of stuff into perspective for me. Hey, I got a lot more of that in my excel sheet. All you have to do is go there and check it out. It’s down around the 250 area. And across the beginning of the alphabet. Basically, bottom left on my My Daily’s sheet.
Alright. Let’s get on with this day.
Make it a good day. And I’ll see ya at the close.
MY DAILY’S.xlsx (945.4 KB)