AUDCAD 1:4 Risk Reward SHORTLogicStrategy Scores
AUD Short Bias
- Huge -21 shift
CAD long Bias
- Continued strength with a +15 shift
TA
- In a confirmed sell off price band
- low breaks
- Evening Stars
Logicstrategy
GBPCHF 1:3 Risk Reward Short (May take a month) GBP Short Bias
- LogicStrategy Quant score seen consecutive days of economic contraction for Great Britain. (-7) on the 26/03 and (-4) on the 27/03
CHF Long Bias
- LogicStrategy Quant scores saw a huge (+25) shift from 38 to 63 - showing continual swiss strength.
This idea suits the uncertain agenda for the british economy - with the institutions moving cash flow from uncertainty to safe-haven assets (CHF)
USDDKK 1:10 Risk Reward ShortUSD Short Bias
- Quant score shift of -10 to give a total score of -3
DKK Long bias
- Quant shift of + 16 to give a total of 33
TA
Sell Zone
Congestion
Low Break
GBPJPY 1:3 Risk RewardGBP Long Bias
- LogicStrategy score shift of +14 points towards strength
- Core Retail Sales m/m show better than expected changes in retail sales in the given month compared to the previous month. The index calculation does not include auto sales and fuel, which tend to be very volatile. It is an indicator of consumers spending that allows estimating the inflation level. The growth of the index can be seen as positive for the pound sterling.
JPY Short Bias
- LogicStrategy score shift of -8 points
- Nikkei Manufacturing PMI worse than expected which reflects the business environment in the Japanese industrial sector. The indicator is calculated monthly based on surveys of manufacturing company manager about new orders, sales, inventory, suppliers and the industry outlook.The indicator growth can have a positive effect on yen quotes.
USDMXN 1:3 Risk Reward ShortUSD Short bias
- quant score = -3 (-10 shift)
MXN Long Bias
- quant score = +39 (+22 shift)
TA
- Short momentum, low breaks
