Forex Flash: Technically, look for long AUD, NZD & short JPY - Societe Generale

FXstreet.com (Barcelona) - Sebastien Galy, Senior FX Strategist at Societe Generale has taken a look at signals given by the momentum and IRFX strategies and notes that they have gone out of sync, though the position sizes are relatively small at the moment.

He writes, “ In the momentum strategy we still keep the long AUD and NZD, short JPY positions, and there are also very faint signals for longs in EUR, GBP and NOK. The more rapid IRFX system is short EUR, NOK and SEK and long CHF.”