FXlooney

FXlooney Updated 

+ Positive on USD Vs CHF EU slowing down Trading above 4 hr MA time frame Historically, extreme levels for this pair - CHF safe haven dynamics will make this pair choppy

FXlooney

Trading above 200Hr MA. +ev momentum building USD weakness expected shortterm

FXlooney Updated 

1. Long term strong support at 0.84000 2. Energy prices helped CAD against other commodity currencies. Not sustainable. Expecting a pullback. 3. RSI massive divergence. The price doesn't want to be here but literally pushed because of the huge demand for oil and gas 4. NZD extremely oversold and CAD overbought 5. NZDUSD reached a convenient position of 0.6600...

FXlooney Updated 

Technical - multi year lows + longterm support + RSI divergance Fundamentally - Lagarde has jawboned euro into depression. Eur is ove sold. Cad is over bought bcas of BOC and oil. Correction is due.

FXlooney Updated 

On my watch list Waiting for better time to enter long AUDJPY. As of this post, i beleive there could be furthure downside.

FXlooney Updated 

On my watchlist Not trading as of this post. Waiting for better opportunity. But I believe the JPY weakness close to mid-end of this month and in jan. NZD with hawkish CB and increase in interest rate supportive of higher NZD.

FXlooney Updated 

I believe all big sharks (softbank,etc...) are getting off the train as poor retail traders are sucked in. I used paytm last year. now a days use google pay and amazon pay. From our employees to shops etc... all use google pay. Hence my view to stand by and wait for 1000 or less.

FXlooney

Opportunity to go long from 126 zone to 130. Price trading at 127.60 during posting this idea. The idea is to buy in the zones from 126 to 127.60 and target 130. The buy zone is large because of the high US VIX. The price is likely to be highly Volatile. Technical - EUR is over sold, RSI divergance in day chart Fundamental - high vix, us 10y very low -...

FXlooney Updated 

Technical - similar to other euro crosses, euro over sold, expect a pull back to 1.60000 Fundamental - lagarde's tune would have to sync with other singers, market may have to price in euro positivity. equity markets are at the edge + bitcoin pull back indicating conservativeness + covid cases on the rise in some places + neg equity news = positive euro and other...

FXlooney Updated 

Technical - multi year lows and long term support, euro over sold. price at this area is not sustainable. storng zone at 1.6600 will attract price to this zone. Fundamental - next week's RBNZ meeting (23 nov) positive news are priced in. a dovish message could push the price up. a hawish message could push the price down, clear-out, then move upward.

FXlooney Updated 

Projection = The odds favour the pound in near term. Expect 1.3060 , 1.3200, 1.3300, 1.3400 . Expect buying the dips. Positive = Hope on the bexit deal supports the pound. Negative = Increase in virus cases + unemployement + economy rebound dampening Others = Global risk will affect the price action