USDCADIm long at 1.27400 (order) SL have to go at least below recent low at 1.2680.
Expecting strong USD.
Riskoff
AUDUSDClose to 0.77 again, still in context of uptrend (green trend line).
If we are going to have risk off USD is going to rally and pull this pair down.
However there is a RBA meeting next week.
SL have to go above 0.777 recent high.
AUDJPYBack at 80.00
If we are going to have a risk off this pair could be a good substitute for spx500.
However there is a RBA meeting next week.
SL have to go above 8.50.
SPX500I think we are going to have risk off environment til summer this could be a good risk reward opportunity SL. have to go above 3880.
Im short at 3815.
EURUSDECB wants EUR lower probably around 1.550.
Risk off environment will probably also help get USD strong.
I'm short from 1.22 (entered before retracement)
AUDUSDIf USD strengthens and we see risk off this could also be a god pair.
I am short from 0.7750 with stop above 0.7800
NZDUSDPerhaps head an shoulders.
I am short from 0.7165 at retest stops have to go at least above 0.7240
NZDJPY Looking for sells let us hope to see bearish pressure enter this market for some risk off movement
AUDUSDI entered short at 0.753 with sl above 0.763
There is going to be lots of headwind against AUD.
I'm still in trade end added additional position at 0.7597 stops have to go above 0.763
I'm risking 3% of my trading acc if it goes wrong it can, price is in uptrend + few institutional players.
OILDemand for oil is going to be lower with additional lockdowns.
In risk-off scenario, USD will rally.
I entered short at 48 (pullback) sl above 49.
AUDUSDI entered short at 0.753 with sl above 0.763
There is going to be lots of headwind against AUD
DAX30 I think we are going to have risk-off environment for the next 2 months.
Stops have to go minimum above 13333
I entered short trade at 13250 sl. 13450
NZDUSD OverBought Fundamentally and Technically NZD/USD has slightly overshot its PPP implied exchange rate and the RSI(14) is at yearly highs (so is the price as well). I expect at least a small correction as traders wait for more economic data to justify a further move to the upside as this is a riskier asset. Disclaimer: As always, I am not your financial advisor.
SHORT AUD/USD SETUPSolid technical setup for a sell on $AUDUSD. Would perform well if risk gets sold into year end.
PCCE; Risk Assets "crash conditions" are met. Dump it all! SHORTHere it is, up cluse and personal.
This is the Put/Call Ratio 14 day RSI. - A highly reliable indicator of 93.8% accuracy.
Dump ALL risk assets - including the highly correlated Precious Metals!! - here!
The raw PCCE
Here is the VIX
... and the FAANGs
... and the AUDUSD
... and the USD (DXY)
... and Gold
Just how many more clues does one really need??... For real.
US30 H2Price has made a clear break & retest of the rising wedge formation, leading with a bearish engulfing breaking through support. Watching for a slight retracement to start the week, for then price to continue making its way lower.
NASDAQ topping pattern -- danger 2nd WAVE COVID & electionTVC:NDX
All three confirmations for price to correct below neckline of "incined" Head and Shoulders --
Growing concern over fresh lockdowns hit travel sector hard while banks and oil price also suffer
RSI nearing overbought 65 to 70 -- also on Right Shoulder
The riots and unprecedented uncertainty concerning many national elections from NZ to USA coming in OCT and NOV into year end 2020
Look for first 4H red candle below the high close of the right shoulder to Scale into a Short position in NDX and other high Beta risk assets like FX:AUDUSD and NZDCHF and GBPCHF
NZDUSD daily chart -- Short off trendline resistanceRisk off thru most of October, as long as we don't get back above the multi-month trendline, we should break down thru Ichimoku Cloud and hit oversold RSI of 30 over next 5 trading days.
SL -- 0.6635
TP1 -- 0.6420
TP2 -- 0.6250
