keep an eye on US, Australia economic data...............
US CANADA 1.PMI 2. Interest rate 3.Unemployment rate 1. NFP 2. PMI 3.Fed speech 4. jobless...
Look at Australia and Japanaes economic updates............
definitly House of commons will vote for MAY.......................
AUDUSD Boomed over the trend line and has broken through the major resistance level holding the price from last 9 days. US inflation data and jobless claims news is going to hit the market very soon. As we trade on daily time frame we will wait until the 10 minutes before the daily candle closed moments. When the price retrace back to the price range from 0.75664...
GBPUSD ‘The Cable’ USD supported by better than US inflation data and less jobless claims recorded last month. The pair expected to be hold lower trend line as it also broken down through 61% retracement level. I’ll follow the trend that I marked on the chart. I’ll keep patience until the 10 minutes right before daily candle closed down. US PMI and home sales...
pair broke down through 200 SMA with high volume and retraced back from 61.8% fib level. RSI and Stochastic is highly in bears favor, so possibly go short. other hand FED is set to increase rates. but cannot be just rely on feds decision as rates is going to announced on 14 dec 2017 after 3 days. anything could happen coz this pair is also correlate to oil as...
Irish border deal wasnt that good for GBP as expected. Still GBP is in Bearish intact, so stay in BULL side with EURGBP pair would be beneficial according to my analysis. In chart above price has been stuck into very strong support which was a strong resistance before. Any negative statement from Irish leaders or EU or DUP regarding brexit deal will help the EUR...
pair holding a very strong resistance before it was a support that turns into resistance now. US interest rates will drag the pair down to the target zone keep patience and trade safe. although the pair has broke above 200 SMA. dont need to worry it could be fake break out coz its has another long term resistance which is hard to break out this time. Pair will...
valid for all USD pairs. New uptrend is being forming after bouncing back from strong support, price was rejected in history, and now making new HH and HL. going to atest both uptrend lines and 200 SMA. if get enough fundamental data in favor of us dollar, possibly break through and go higher. Fed also stated in back that there is one more interest rate hike at...
pair has rejected several time at support area and rejected couple of time by 200 SMA as well. which means pair holds a strong support hard to break out. need a strong fundamental news to go down. EU recent report was in favor also. so good idea to remain long until the target.
pair might get back lower after hit by supply zone with completion of B wave
price retraced back from 61 fib level possible go more higher.
GBP will fall ahead on US GDP and tax reform will pass.as trump hinted in his interview.
GBPJPY is at strong support area ...looking for long at red area.