Nothing except USD up, Beat is UP , Miss is spike down for 30 min then full UP till close. You can check the last 6 sessions yourself. Well it s also seasonally adjusted and we are close to election so you know, flat or beat will be the result. Sorry no hope for any big reversal, save your trade during the spike and exit asap. Only next week we could see some...
Slowly drifting but currencies have been strongly decoupled which makes that ''S&P'' indicator biais for now. Especially UJ who skyrocked based on nothing (BOJ??? a week later their announcemen ?). We went opposite so one has to give up. NU is following S&P + rate cut...short will continue.
Weekly chart have a clear and define support around 1.22 area , another 4,85% down to go before expecting some serious trend change. Till we watch the drill down of the pair despite good results on indicators.
I have to say it has been very hard to trade the last 2 weeks with a USD going up when you look for short. We could see some exhaustion soon. But GU is under pressure and UJ is now up for 7 days, we could expect a turn. Hard to tell. Look for a break or pull back in this area soon.
Yesterday was USD up due to Asian and Germany close, ultra low volume which pushes the algos to have fun with GU when the UK FM commented about Brexit but without any hints and UJ flying up reloading the Long. Expecting to have some downtrend soon. Would have been painful for the short USD cross pairs.
Waiting for Europe to close...
Trend is UP ! So the idea is to grab the hit at the resistance, we could see an up tomorrow (month close) at 7730 max for a short next month. I have shorted a small lot will see if any sign of acceleration if we break the small trend line.
No news from the FED, the BOJ pushed up the UJ who contributed for a fake up. We will seen in the next 24h how the monthly candle will close.
Could be today finally!!! 36h waiting for that !
Seems a big short coming despite central banks trying their best,...ouchhh could it be the big SHORT or will they be able to hold till the end of the year. UJ hinting what's coming ?
I was expecting GU to retrace last week but now the 4H candles are making the move up after testing again the support line. We are few days before the end of the month and GU, the pressure is down but I wouldn't be surprised to see the end of this monthly bear and see a Montlhy candle in green....preparing an october in full green, that would be big turn (in line...
Broke the smal channel and expect to hit the support below. I expect the USD to break this support not sure the trigger though as we need a big push but it will happen. USD is bearish until US election in November.
Up for a weak USD from the FOMC, breaking the shoulder, if not sure down the road with the roller coaster...
well it's clear isn't it? Weak $ before election, no rate hike, eco indicators will follow the previous one (terrible), USD will be smashed and S&P in surviving mode until next QE and NRIP. Seat back and relax !
Impressive 4 times in 6h. We should test the 100...timing timing.
Supportive data are the improvements of the last indicators + FOMC short term the TP1 should be quite easy to reach then not clear. I would have prefered GU to touch the daily trendline entirely (not at 20pips) and retrace. SSI is 64% Long which is not in our favor too. Careful trade in the coming days.
USD down for the currency war, S&P up to support the ''feeling'' of a good economy. Expect the top to be reached and maybe even more with the USD crashing....we could see a new historical high. Isn't it amazing !
3h + of retracement non stop for the short squeeze. UJ hit already 3 times at the magic wound level. USD is short. Will see a 101 later today.