Safe Haven Currency, How are they affected by global events

Hello everyone:

Want to talk a bit more about safe haven currency in the market.
Since the recent tension between Russia and Ukraine,
the safe haven currency could strengthen as a result of such uncertainty in the world.

We will take a look at some past history of these currency pairs,
how they react to the market at the time, and what could we reasonably expect in the current market conditions.


Safe Haven Currency
USD
JPY
CHF


It's in our interest to look for opportunities when a strong currency is paired with a weaker one.
This generally will move the price very impulsively with strong momentum.

Pair such as these below will potentially develop the best price action for good R:R trades.

AUDUSD

NZDUSD

USDCAD

GBPUSD

AUDJPY

NZDJPY

CADJPY

GBPJPY

AUDCHF

NZDCHF

GBPCHF

CADCHF

Always have good risk management when it comes to entering. Don't enter all the pairs, don't open too many positions,
and understand correlation between the currency pairs.

Thank you

DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.

Jojo