just a quick idea of the dollar selling off before fomc my opinion not financial advice the stop is really 1.126... forgot to edit that part
6hr Chart (top left) : forming it's own head and shoulders . It's on the right shoulder possibly & the neckline is my first tp. There's also a Harmonic Cypher to go along with it! Targets: 90.4 ,89.5 , 88.1 , 87.5 (around 300 pips) Daily Chart (top right) : A Harmonic Deep Crab & Butterfly has formed! Price is currently around the level of what i ASSUME.. yes, I...
possible head and shoulders pattern on this pair and there's also a 6hr harmonic cypher.. cad had a strong jobs, which could've given us our possible RIGHT shoulder .. IT'S AN OBSERVATION ! NOT FINANCIAL ADVICE!
eur cad broke the downward channel.. but in this next 4hr candle .. will it bounce ? if so we are bullish heading into the CAD jobs report tmrw, which can be a nice cushion incase anything turns for the worse.. & if not .. out of there by today , quick, fast , and in a hurry!
not financial advice but im liking the strong. "Companies hired at the fastest pace in seven months in December ahead of escalating concerns over surging Covid cases, according to a report Wednesday from payroll processing firm ADP. Private job growth totaled 807,000 for the month, well ahead of the Dow Jones estimate for 375,000 and the November gain of 505,000." -CNBC
time for a shift in the euro finally! euro finding support within this zone
aud isnt a sell ...aud is on it's last level of support before it's deemed a sell.. it must prevail here for the swing to continue without a double bottom
bad jobs report & rba tapers yet the aussie sells off against the dollar ... i smell manipulation to get retail frustrated. Australia’s central bank left its cash rate at a record low of 0.1% as expected on Tuesday, while confirming plans to taper its massive bond buying program from this month. The Reserve Bank of Australia (RBA) said it would trim purchases...
pretty simple, heading into Thursday’s European Central Bank meeting, economists are now expecting a modest reduction in the rate of bond purchases made using the central bank’s Pandemic Emergency Purchase Program. If the Euro "Tapers" Before the Fed does.. expect a huge shift in the dollar.
thanks to the RBA reducing their bond asset purchases (aka they're tapering) .. Aud should see a nice bounce. All of these banks are tapering except or usd.. that should be a signal within itself. "Defying expectations, the central bank is sticking with its plan to taper asset purchases from AUD5b to 4b until mid-February 2022"
500 pip Loonie buy against the Pound sometimes you just gotta prepare EARLY.. Bank of Canada meeting is next week! Expecting more TAPERING!
relate to last post ... well 1 covid case caused the whole new zealand to lockdown and put a pause onthe rates.. we werent expectig that bhut we edid expect the down side.. now we are ready for the real rise ..
this guy came in the public tradingview chat asking us FOREX guy about CRPYTO... well at the end of the day it's just a chart.. bitcoin hits 3 day rsistance it's a sell back to sub 30k. only way this bitcoin cycles will be different from the last (for u well versed cryptoheads) is if btc goes under 20k because bitcoin has NEVER taken out a previous high then go...
i wonder what does j pow have to say on tuesday for usd jpy to be faking a head and shoulders making a 2hr M pattern back to the top
The RBNZ is EXPECTED TO RAISE RATES, next week Tuesday @ 10PM EST on 8/17. But before we go straight up , we MUST go gown. Lets play by the banks games. They wanna make it seem like the kiwi is weak until it isnt! my favorite pair once all targets are met , is going to be (1) nzd jpy, followed by (2) eur nzd , followed by (3) nzd usd!