Looking at GBP to fall in regards to Cad this has been the year for commodity currencies and though cad has been the weakest of the com dolls yet when paired with GBP it has a been more stable, with GBP on going turmoil their currency has in a whipsaw motion with sudden burst of vol. Near the price range labeled expensive we have seen prices fail at this...
I dont need to add any description here trying to make my charts easier to read
When we are talking about volatility if you look at the red bars in the lower indicator that is our IVR that gives us Implied Volatility rank this is how we gauge vol. During high vol we see the markets enter into sell off periods, the major mistake people make is holding a long during phases where avg vol is rising. if we look from May to June we can see the vol...
Yes Audusd does seem to be in a range but as the IVR indicator at the bottom of the screen IVR is settling HIGHER than its been in previous weeks when price was higher
with bond owners fighting for 1% returns when they normally get 40% returns from businesses going bankrupt this is very dollar bullish if there is no stimulus
been compiling some stats on this pair movements I have found that looking for a rejection at a 1-2 SD (red arrows) this pair typically at after basing near the -2 SD ( green arrows ) momentum the rolls the pair upward for period of time excluding the 1st example though it had the similar volatility as the others ( red and black bars bottom screen ) it would only...
Dollar at 92.5 is a buy multiple days of support with US elections moments away
I don't trade this but it is highly correlated to the trades I am working with atm and saw a development important to my system of taking trades
In conjunction with my EURAUD trade