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I think we could see GBPUSD move lower here. overall narrative for the way up has been more so just risk on sentiment on the back of peak inflation/potentially less fed hikes this year. I think on wednesday when the BoC likely hikes 50bps we may have a return to risk off as people move back to the idea of global central bank tightening. We've also got a move...

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I think EURNZD moves higher from here. overall thinking is that from a technical perspective it looks like we're forming a bullish flag as well as a nice double bottom around a key area on the chart. Going back through EURNZD you can see this level has been pretty important (purple line) fundamentally i would say we've shifting to a more hawkish ECB for the EUR...

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I like GBPCAD higher here. GBPCAD is at a relatively good support level and has failed to push lower from the multiple lows the past couple of weeks. GBP rates have been rising a lot this morning and we also have had some good fiscal news for GBP cost of living worries, i don't think this adds much to the story but could be helpful. GBPCAD sentiment and...

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I think EURUSD moves lower from here. We've broken out of a somewhat wedge formation which should signal a move to the downside. most correlations are moving lower, us yields are rising and the S&P is moving lower. I believe we continue to move lower on the S&P which should push EURUSD lower as well. I believe we will move back to the narrative of global...

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I think GBPJPY moves lower from here. I think for the most part cross jpy moves lower on the back of a hawkish fed and lower risk assets. Risk assets have moved higher the past two weeks on the back of peak fed and peak inflation but i still think we move lower as there are still geopolitical risks to deal with, very high inflation that central banks will still...

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I think i like AUDJPY lower here. Similar reasoning to my CADJPY post, JPY should get stronger on falling/ranging global yields and risk sentiment should continue to fall on global tightening policies. AUDJPY is a proxy to the S&P, i think we've had a decent enough rally in the S&P to allow for further downside. AUDJPY sentiment and positioning was extremely...

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i think we see eurgbp move higher throughout this year for the most part. we've come out of the 200 DMA downtrend and held the break pretty well yesterday, we've also got a nice hammer on the daily chart suggesting rejection of the prior range. The UK CPI came in hot yesterday which i think gives further worries about the stagflation narrative for the UK and it...

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I like AUDCAD higher here. nice double bottom here and symmetry for the move up and down from this level. AUD/CAD rate differentials have been moving higher for a while but the pair has been unable to benefit from this due to a fall in risk assets and commodities. For the time being we've had a bit of a small relief rally in some commodities and in risk so i...

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I think most XXX/JPY moves lower soon. Reasons are that JPY positioning has been extremely long for a little while as well as sentiment being very high and its starting to seem a little stale now with inflation expectations falling. I think this will cause yields to fall as well as you can see that yields followed inflation expectations up so i believe they...

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I like EURCAD lower here 2 year yield differentials for EURCAD are pointing lower, EURCAD has been following this fairly closely - i think it should continue lower with the BoC somewhat matching the feds hiking pace and the ECB still looking to start theirs. Europe also has a lot of potential issues to deal with in their economy as well due to rising energy...

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I think a USDCAD short makes sense here again with my AUDUSD long trade we've come back into the range and couldn't hold the important key level higher. This was also on the back of US CPI of which the pair has now rejected the initial move higher which is a good indication for me. the CAD story is still good, hiking at a similar speed to the fed but also...

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I like buying AUDUSD here We've tried going below a key level and haven't been able to hold it so far. overall narrative for lower AUDUSD has been a hawkish fed and global growth worries on the back of rising china covid cases and lockdowns. covid cases in china are falling and we've seen some officials talking about supporting the chinese economy further which...

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I like trying a USDJPY short trade here. We have a nice shooting star on the daily after this strong bull run. narrative wise there's not been too much change but i have been reading about some thoughts on peak fed pricing with the fed pushing back on 75bps hikes. Inflation expectations are also falling on the back of slightly slower USD CPI recently. US yields...

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Looking for NZDUSD to move higher here. We've held onto the 50 and 100 DMA quite nicely, been decent support previously. We had the RBNZ meeting which was overall hawkish but the market fell on the basis on terminal rates staying the same (RBNZ hiking the same amount over time but front loading the rates). I think this still helps the overall narrative of a...

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I like USDCAD lower here overall. the Bank of Canada was overall in line with expectations which suggesting that the fed and BoC tightening cycles will be roughly in line. From what i've read most people are taking this as a good sign for the bank of canada. Canada also benefits from a strong terms of trade this year which should help the move lower. There...

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EURGBP looks like it could be a good buy. UK inflation came out strong today and seems to be reaffirming stagflation worries for the UK. overall GBP narrative is not great and we have the ECB meeting tomorrow which could be a good kicker for a move higher. the yield differentials are shooting higher which should help push EURGBP up. A decent amount of support...

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AUDNZD short looks good to me right now The recent rise for AUD since the last fed meeting on the 16th of march has been due to initially china boosting their economy leading to stronger asian equities and a short commodity boom and somewhat of a short squeeze in risky assets. asian equities have begun to move lower and risk is moving lower as well. It looks to...

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i like EURAUD higher here. news this morning of a statement for the russia/ukraine talks could lead to some unwinding of EUR shorts/commodity longs short term, AUD is a good one to bet against in this instance as i'm already bearish on AUD at the moment. can see from the chart that EURAUD has been following gold/commodities inversely which suggests higher to...