GBP/CAD Short in play. Clean Retest of Support Region. Looking for further decline to 1.7100 If We can sustain A Oil Rally Next week the CAD will appreciate relative to GBP/CAD
On the Weekly and Daily Timeframes for EUR/AUD, We see that we have a clear break and retest of the trendline with Bearish Followthrough and Momentum. I am looking to short EUR/AUD into the Monthly support level of 1.5500. A Retracement back into the Trendline Resistance Area is possible as well as A means to provided liquidty for further downside to occur I am...
on Cable we have a Break of the Weekly Trendline and weekly Closure below monthly support at 1.3250. A retest to the zone and break below the Moving Averages has indicated a bearish Move potential with a 250 Pip Decline very Possible in the following weeks. I am looking to Short GBP/USD Following the Monday Open
Gbp/usd Has seen some major decline following weak inflation and gdp figures. does the market present us with another bearish signal?
NZD/USD NZD/JPY NZD/CHF NZD/CAD
GBP/USD GBP/AUD GBP/JPY GBP/CAD Pound Meltdown now being subdued a little? Can we continue to fall?
EUR/USD, EUR/JPY. EUR/AUD, EUR/GBP Weak Data, Dollar Strength, euro can gain some ground for a moment here
USD/JPY has been the most confusing dollar cross as other have rapidly depreciated against the dollar whilst the Yen has done the inverse and actually Appreciated! All thing being equal, the global equities sell off and corrections could spell pure investor fear causing large funds sucking up lots of Yen in Anticipiation of a Market Drop. The 106.50 Key weekly...
GBP/USD has Fallen Nearly 300+ pips Since Rejecting 1.4000. THis Pair has now seen quite a divergence between the moving Averages as the new Fed Chair Powell Preaches hawkish overtones about Fed Hikes and Market Exhuberance. WIll The Cable Fall Again to Post Brexit Levels Yet Again? Looking at the chart techincally, we can see that the Weekly Ascneding Trendline...
EUR/USD Has seen it Exhausted 2000+ Pip Bull Run Come to A Halt. A double Top is Seen on the Daily Timeframe that is essentially mirrored inversaly on the DXY. Tommorows CPI numbers for the Euro could prove to be a catalsyst for a break of this structure. CBOT:TN1! Have been rising as well thus bringing the Dollar Strength narrative into play. When the Media...
FOREXCOM:WTIUSD COT Reports Show Bearish Price Forcasting in the Near Future. Will Crude Break Below the $60 handle shortly? Techincals Suggest yes as well
AUD/USD Short. Due to Gold shock or DXY Strength? RIsing intrest Rates may make bond yields more attractive for most as equities continue they're exhausted bull run. For the Time Being, The AUD/USD looks to be heading lower towards more Regional Support at .7750
EUR/USD Could present a nice short setup
NZDJPY Long to the next top most Resistence zone at 83.00
USDCAD, Dollar Dumps, Bank of Canada Interest Rate Hikes. FOMC Tommorow and NFP Friday. How much Lower can the Dollar go?