NZD/USD UNDER STRONG SELLING PRESSURE THIS WEEK | NO SIGNIFICANT BUYS, BOOK SHOW LOTS OF ISOLATED BEARISH ACTIVITY, NOT HUGE ORDERS BUT ITS A CLEAR INDICATION BECAUSE THERE ARE NO BUYERS | TECHNICALLY ITS A HUGE BREAKOUT SINCE THE RECESSION IN 2008. WE COULD EXPECT A DOWNWARD MOVEMENT TO 0.52$ WAITING FOR MONDAY NUMBERS, BUT SO FAR ITS A 95% SELL FOR THE COMING...
LOTS OF BEARS WAITING, IM NOT SURE IF THE ACTUAL RESISTANCE @ 6587 BREAK OR NOT. IF IT BROKE WE GO TO ~6673 BEFORE THE BEARS COME IN
SMART MONEY BULLS AND BEARS ARE BOTH PRESENT | HUGE SELL ORDERS FILLED, BULLISH PRESSURE WAITING FROM THE DOWNSIDE | BOOK SHOW NO SIGNIFICANCE - IN SUMMARY ITS A RANGE / SHORT MARKET FOR THE COMING WEEK
AUD/USD IS UNDER STRONG SELLING PRESSURE THE NEXT WEEK | SMART MONEY SHORT | BOOK SHOW SIGNIFICANCE | HUGE EXPIRY @ 65 | LETS WAIT FOR THE BULLISH CORRECTION TO CATCH A NICE AND SAFE ENTRY. ITS A SURESHOT!
SM LONG | BOOK SHOWS NO SIGNIFICANCE | WAITING ON MONDAY NUMBERS TO GET A MORE PRECISE FORECAST, BUT OVERALL IT LOOKS LIKE A BULL FOR THE REST OF THE MONTH. FUTURE UPDATE IN THE COMMENT SECTION
SM SHORT | BOOK SHOWS A SELL AT 1.241 (NOT MUCH IMPACT) | OVERALL DIRECTION IS A SHORT / RANGE MARKET FOR THE COMING WEEK
STRONG BEARISH SMART MONEY PRESSURE | BIG ORDER AT 0.6420 | TECHNICAL CONFIRMATION | FUNDAMENTAL GENERALLY BEARISH MY PREDICTION IS A BULLISH PULLBACK FROM THE SUPPORT TO THE LIMIT ORDER OR THE RESISTANCE ABOVE, IN THIS AREA SHOULD BE STRONG BEARISH ACTIVITY.
SMART MONEY LONG | BOOK SHOW BEARISH ACTIVITY ABOVE THE ACTUAL PRICE | STILL WAITING FOR MONDAY DATA - ONLY 2/5 CONFIRMATIONS, BUT TECHNICALS TELLS ALOT, SOMETIMES. MY PREDICTION IS A 'RANGING' UPWARD MOVE THIS WEEK. ANYHOW ITS NOT A SURE THING ... IF THERE ARE SOME CHANGES COMING, YOU GET THE UPDATE IN THE COMMENT SECTION
SMART MONEY IS IN A SHORT / RANGE POSITION | I AIM FOR A THE PMI EVENT ON 5 MAY THAT SHOULD RESULTING IN BEARISH NUMBERS ASWELL | THE BOOK COULD INDICATE SOME FALSE BREAKOUTS / STOP HUNTS BEFORE THE BEARS SLOWLY COME IN.
SMART MONEY SHORT | BIG ORDER FILLED | HUGE WALLS ABOVE THE PREVIOUS HIGH THE HUGE BULLISH CANDLE IS A BIT CONFUSING, THE COMING WEEK STILL SHOULD BE A MEDIUM BEAR. WATCH OUT FOR VOLUME IF YOU CAN!
NOT SO MUCH DATA FOR NZD ATM - SMART MONEY IS STRONGLY SHORT | BOOK SHOWS SMALL WALLS IN THE UPPER RANGE BUT NOTHING SIGNIFICANT | IM WAITING FOR VISIBLE BEARS AND BROKEN STRUCTURE TO CATCH A ENTRY
LAST FORECAST WASNT CORRECT, SOME SOURCES WAS NOT AVAILABLE AND I OVERSEEN A RECORD LOW SUPPORT LEVEL - THIS TIME AUD IS STILL ON A RECORD SUPPORT LEVEL, BUT SMART MONEY IS SHORT FOR MAY. SO I LOOK FOR A BEARISH CORRECTION WITH VOLUME & STRUCTURE CONFIRMATION. IN JUNE I GUESS THE BULLS COME IN AGAIN - WE'LL SEE...
SMART MONEY HAVE A CLEAR DIRECTION. JUST WAIT FOR DATA COMING OUT ON MONDAY, BUT ITS ALMOST A SURESHO(R)T FOR NOW
LOOKS LIKE A LONGER TERM SHORT, BOOK NOT AVAILABLE AT THE MOMENT - FAKE OUT COULD HAPPEN BEFORE THE BEARS COME INTO PLAY.