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i like selling AUDUSD here as a short term pullback. nice resistance above which allows for good leverage. metals/commodities are a touch lower, the yield differentials are also a touch lower. the story for AUDUSD rising so far has been rising commodities which is lead to a strong terms of trade for australia and other commodity currencies. commodities are a...

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quite like EURCAD higher here, i'm bullish USDCAD and slightly bullish EURUSD. There's decent support here and allows for a good entry. Euro equities have pushed higher since their breakdown, commodities are lower - both of which correlate pretty nicely with this pair (CAD correlations inversely) Euro dutch gas prices are lower and there was some news on...

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i like USDCAD higher here from a technical perspective, there's a hammer on the 4 hour chart and a rejection on the daily at a pretty strong support level which is a good sign for me. narrative is good for CAD right now, but i think it is shifting towards USD. US yields jumped higher yesterday, a lot of talk about a 50bp hike in the future as well. USDCAD is...

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Quite like USDCHF lower here From a technical perspective it looks quite nice to me, shooting stars on the daily and 4 hour chart right at the time of the fed meeting. We also have a potential double top forming at a pretty big level for USDCHF. Overall the fed was more hawkish than expected but I don’t think it was enough to have the market buy USD, from what...

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Looking a EURUSD higher here I’m terms of what I’ve been reading I’ve seen a lot of people looking for sell USD after this fed meeting. Barring any hawkish surprise from the fed, I think if we are roughly in line with market expectations we could see more USD selling as a sell the fact setup. EURUSD seems like a decent way to play it, positioning is continuing...

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GBPCHF looks low to me I’m not a fan of the GBP narrative at the moment, a lot of talk about the BoE hiking into slowing growth and risks of stagflation but I think for this week I like a GBPCHF long for different reasons. GBP has been trading similarly to EUR for similar reasons, we’ve had a strong push higher on EUR on lower commodities/more positive...

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Turning a little bearish on AUDUSD, reasons being: commodities look a little more stable now, possibly with the news on ukraine no longer looking to join NATO and some semblance on a possible negotiation for ukraine and russia. AUD has been a recent hedge for this situation, benefitting from the rally in commodities and so should see a move lower on any...

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Hello! first post, GB/CA rate differentials are suggesting that we should be higher, likely because GB rates have held up quite well during the recent risk off/commodity rally environment. CAD has been one of the currencies to benefit from this commodity rally on the crosses and i believe we might see some relief in this in the coming days looking at price...