The single best indicator in the FX market is a good trader on a good run. Analysts get it right and wrong but are so tied up in their own egos that they are unable to see the other side of the argument, whereas a good trrader has only one objective; making money.
My pro-trader friend, who I’ll call “Top Gun”, is quite a short-term trader and he’s been white hot in the NZD/USD over the last two days; see here and here. He booked profit a short while ago near .8080 and if he stays this hot then I might be tempted out of Kiwi retirement (although that would be one way of killing his winning streak
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