FX option expiries for Monday June 01 at the 10am NY cut Mon 1 Jun 2020 EUR/USD … some chunky eur amounts here 1.1000 3.8bn 1.1100 1.7bn 1.1250 2.5bn THERE SHOULD BE SOME SELLING PRESSURE ACCORDING TO COT REPORT TODAY. LET'S SEE HOW THAT PLAYS OUT
TECHNICALLY: AUDJPY SELL IS IN MY WATCHLIST. FUNDAMENTAL: CHINA IS THREATENING AUSTRALIA WITH TARIFF ON IMPORT GOODS. ANY TRADE WAR BETWEEN that 2 COUNTRY WILL HAVE A NEGATIVE IMPACT ON AUD. SHORTING AUDJPY WILL BE A SOUND TRADE.
sell setup in a downtrend channel.
THIS IS TECHNICAL TRADE AUPPORTED WITH A REASONABLE FUNDAMENTAL ANALYSIS. I try to post and update my trade ideas every week. Follow me, if you like my analysis. I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable placing orders based on just some random indicators. I look for strong fundamental reasons and these...
THIS IS A TECHNICAL SETUP. H4 TIMEFRAME - USDJPY IN A CLEAR DOWNTREND H1 TIMEFRAME - HAS BROKEN THE UPWARD CORRECTION CHANNEL. I AM EXPECTING THE USDJPY TO FALL RIGHT NOW. I try to post and update my trade ideas every week. Follow me, if you like my analysis. I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable...
I try to post and update my trade ideas every week. Follow me, if you like my analysis. I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable placing orders based on just some random indicators. I look for strong fundamental reasons and these indicators help me to achieve a great risk to reward ratio. May we all gain some...
THIS IS A TECHNICAL SETUP. HIGH-RISK ALERT. lINK TO THIS CHART IS USD DOLLAR INDEX CHART. I try to post and update my trade ideas every week. Follow me, if you like my analysis. I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable placing orders based on just some random indicators. I look for strong fundamental...
FUNDAMENTALLY : AUD IS GETTING HAMMERED BECAUSE OF CORONA FEAR. THOUGH EVERYONE IS PRAYING FOR CORONA PENDAMIC TO END, REALITY IS DIFFERENT. WE CAN SEE ANOTHER SELL OFF OF RISKY ASSETS LIKE AUD, NZD, AND CAD. ID THAT HAPPENS, AUDCAD MAY FALL LIKE DRY LEAVES. TECHNICALLY : ANY BEARISH CANDLE CANDLE FROM 0.8680 LEVEL WOULD INDICATE THE DOUBLE TOP RESISTANCE IS...
TECHNICALLY AUDJPY IS TRADING IN BETWEEN A UPTREND CHANNEL. IF BROKEN, AUDJPY CAN FALL 200-250 PIPS. FUNDAMENTALYY: AMID CORONA FEAR IT'S BEST TO SELL AUDJPY RATHER THAN BUYING IT. I try to post and update my trade ideas every week. Follow me, if you like my analysis. I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable...
TECHNICALLY AUDUSD IS IN A CRITICAL RESISTANCE LEVEL. SELLERS MAY FIND THE LEVEL ATTRACTIVE IF THEY DO AUDUSD MAY FALL AGAIN. FUNDAMENTALLY: DUE TO CORONA EFFECT, IT'S A GOOD IDEA TO SELL AUD AGAINST USD. USD IS WORKING A SECONDARY SAFE HEAVEN RIGHT NOW. I try to post and update my trade ideas every week. Follow me, if you like my analysis. I use both...
TECHNICALLY: IN A CLEAR DOWNTREND, EURUSD IS MAKING CORRECTION WHICH HINTS A BIGGER DOWN MOVE. FUNDAMENTALLY: US DOLLAR IS WORKING AS A SAFE HEAVEN CURRENCY RIGHT NOW, BECAUSE OF CORONA FEAR. IF MY STRATEGY ALLOW ME, I WILL SELL EURUSD. I try to post and update my trade ideas every week. Follow me, if you like my analysis. I use both fundamental and technical...
TECHNICALLY: NZDUSD IS IN A CRITICAL RESISTANCE LEVEL. SELLERS MAY FIND THE LEVEL ATTRACTIVE IF THEY DO NZDUSD MAY FALL AGAIN. FUNDAMENTALLY: DUE TO CORONA EFFECT, IT'S A GOOD IDEA TO SELL NZD AGAINST USD. USD IS WORKING A SECONDARY SAFE HEAVEN RIGHT NOW. I try to post and update my trade ideas every week. Follow me, if you like my analysis. I use both...