MlungisiMpapane

MlungisiMpapane

This is a short term 4H long trade as we expect dollar to appreciate in value as the FOMC is expected to hike rates with 200 points by the end of the year. The market have priced more for the BOC, more than they can deliver so we expect depreciation for the CAD. this policy divergence is the reason why we are looking at the market to complete y of the wxy correction

MlungisiMpapane

WXY correctiong is on a the Y wave of the correction. The geopolitic situation and the rise in covid cases and lockdown impossed by China is expected to put pressure on AUD, NZD and CAD due to hi beta status

MlungisiMpapane

A nice low risk high reward trade. the pair is expected to form WXY. At the break of the trend line is where you should enter. trend line clearly visible on 5 min. this is a high probable 120 pip trade.

MlungisiMpapane

A nice low risk high reward trade of 460 pips. The EURO is expected to gain strenght after the shift in the monetory policy stance announced by the ECB. Fed rate hike expectations by the markets are over priced so we will se some unwinding. we expect the market to complete the wxy.

MlungisiMpapane

Feb 16 A perfect sell setup for the pair. as the Russia ,Ukrain uncentainty ways on hi beta currencies , we expect it to have a very negative impact on the AUD and thus pressure the pair. The market structure has a perfect WXY pattern that makes the pair very attractive for the coming even. good trade manangement required.

MlungisiMpapane

A perfect buy setup of the pair. as we approach the CAD CPI, we expect it to have a very negative impact on the CAD and thus support the pair. The market structure has a perfect WXY pattern that makes the pair very attractive for the coming even. good trade manangement required.

MlungisiMpapane

A nice low risk high reward trade of 1 200 pips. The EURO is expected to gain strenght after the shift in the monetory policy stance announced by the ECB. CAD hike expectations by the markets are over priced so we will se some unwinding. we expect the market to start the impulse upwards.

MlungisiMpapane

A nice low risk high reward trade of 460 pips. The EURO is expected to gain strenght after the shift in the monetory policy stance announced by the ECB. Fed rate hike expectations by the markets are over priced so we will se some unwinding. we expect the market to complete the wxy.

MlungisiMpapane

4000 free pips for the trade of the year. The market has has completed the weekly correction structure and is now ready for downside. fundamentally we are bearish for both currencies but expecting GBP to be weaker. The NZD is gaining strength due to monetory policy.

MlungisiMpapane

The market is forming a bigger correction in 4hrs so on 15 min it just completed wave b. we expect the markert to continue lower for wave c which is over a 100 pips.

MlungisiMpapane

We expect this to be the trade of the week as well as NZD/CAD. Our fundamental bias on this pair is tilted to the upside. we expect NZD strength due to the interest rate hike circle they are on. Market is expecting the RBNZ to raise rates tomorrow and our bias is negative for GBP since we expect the BOE to disappoint the market and leave rates unchanged.

MlungisiMpapane

The RBNZ on their last meeting started the tapering program so that a bullish move for the NZD hence after tapering its rates hike. on the bigger structure the market is completing a WXY patterns that's in the same direction as the fundamental outlook. Note any correction will offer short term buys and any positive developments in the economic data should fuel the...

MlungisiMpapane

We expect this to be the trade of the week as well as GBP/NZD. Our fundamental bias on this pair is tilted to the upside. we expect NZD strength due to the interest rate hike circle they are on. Market is expecting the RBNZ to raise rates tomorrow and bring forth they rate hike projections. We expect the CAD to be pressured as the oil prices are expected to drop...

MlungisiMpapane

We expect the market to complete the 3rd wave in the minor degree. Our fundamental outlook on the pair is bullish due to the expectations of the federal reserve to hike interest rates sooner because inflation levels are very high. The CHF is expected to be pressured as the global economy is improving since it's a safe heaven currency. The CHF we also be pressured...

MlungisiMpapane

Our fundamental bias is tilted to the upside for this pair as the FED is expected to hike rates earlier due to inflation fears in the US economy. The JPY is expected to be pressured due to the BOJ assuring the market that they are not planning to raise rates anytime soon. We structurally expect the pair to complete a WXY in a higher timeframe.

MlungisiMpapane

after a print of the cpi we expect markets to hold back the interest rate hiking expectations. structurally we expect it to complete the wxy pattern on the daily chart.

MlungisiMpapane

Our fundamental outlook on this pair is bullish. The RBNZ if the first bank to hike rates and NZD is a pro-cyclical currency so a positive global economic outlook is supportive for the currency. the BOJ is not planning on raising rates and the rising oil prices is pressuring japan since its one of the huge importers of oil.

MlungisiMpapane

Markets is largely expecting the BOE to hike Rates in the December meeting. the positive print in the inflation data this morning further fuels the expectation of the 15 basis point hike to be this coming meeting. we are expecting the BOE to disappoint the market hence we have a very bearish bias on the GBP currency. technically we expert a completion of a WXY...