WillSebastian

WillSebastian

We have seen various instances of Japanese Govt intervention and the propping up of a weak Yen. The Yen tends to get to seriously weak points like this as a result of their MP stance (low rates, high exports). The FED rate still sits much higher, as do most major economies. Japan benefits from a weaker currency until it gets too weak. If we see any further...

03:45

WillSebastian

AUD/USD has shown some momentum as the previous USD strength move fades. Traders likely have digested the Trump effect (potentially inflationary) and USD markets are settling. We know the RBA has had a recent hawk view and is typically a risk currency. Inflows from here would not be surprising given current sentiment and Tech setups off from local lows.

WillSebastian

Traders flooded into crypto assets after the risk on environment given by the Trump administration taking office. This is also coupled with last nights FED meeting where some confidence was show around the state of the US Economy. May see Traders start to take some profits, especially if we rise to the next key resistance (labelled). Any falls will provide dips...

WillSebastian

EURUSD is showing some rejection post election and USD strength as a result of Trumps win. Trumps inflationary effect is what gives a boost to the USD as it is less likely rates will fall from the FED quickly. Similarly, there is still a case for long side inflows into the EURO, particularly if key data shortly encourages it further. A stronger rebound of the EU...

WillSebastian Updated 

USD favour gave way to precious metal falls, mainly from Gold. Gold has been routinely resilient and is rebounding from early support. Would not be shocked if we re-rise back to keep resistance as labelled. New shorts may be ideal there/at highs. No real heavy shorts. Kill Longs at the same area.

WillSebastian

Initial falls post election came as Investors did not find extreme confidence in potential oil rallies and the USD found considerable strength. Coming off from this we can now see further rises straight into current resistance. Area looks weak so willing to hold off any reasonable shorts until higher up. See tip of green arrow.

WillSebastian Updated 

Market slowly falling within current ranges opens up the door to shorts. Any sentiment shift favouring risk on may assist fall.

WillSebastian Updated 

As results come in, USD strength has slapped the EURUSD down lower, as it has across as other major USD pairs. We know there has been recent ECB hawk rhetoric about a careful lowering of rates, and that sentiment still exists. We just hit a major Price Action level to the downside also feeding into some short profit taking / long side new entries. The Trump...

03:02

WillSebastian Updated 

Bitcoin has rallied significantly creating new highs as Trump has won votes around the US in the election. This was expected as he is more or less a signal of economic growth and a risk on environment. But, what's next?

WillSebastian

The drift back to recent highs has been propelled by USD strength as election results come in. Lack of BOJ impetus for falls still exists. Short side bias can be taken, would not be surprised if price gets slightly higher.

03:46

WillSebastian

Where next for the AUDUSD? After a reasonable push and DXY strength we are seeing some kickback. Cold see larger sentiment inflows later so take light sizes.

WillSebastian

Slight weakness is coming into the USD pre-election later today. Likely as some traders remove USD long positions in case of any real spurs either way. I would certainly not 'gamble trade' the DXY or USD as a whole. Let the news come out, and react. Early levels for this noted.

WillSebastian

Election shocks may change market state significantly if any occur. Short zones nonetheless persist at a preferably lower size. SZ = Short Zone(s).

WillSebastian

AUD/USD has continued to trickle on further USD strength. Minor rises post NFP into Monday but no real momentum. Would not be shocked if turn in USD comes soon as price has extended for a considerable period. Also may see inflows into risk currencies like the AUD and NZD, helping any rally. Caution issuable pre election results.

16:21

WillSebastian

I've filmed various high profit factor live videos with a great response. Here's another with me closing out fully in net gains. Tonnes to learn.

01:40

WillSebastian

Slight drip in UJ. Comes off the back of an unsure USD and no real sentiment inflow from the BOJ. Awaiting further moves.

02:30

WillSebastian

Here's a quick FX analysis pre election. Keenly watched by many, USDCAD is favourable for shorts.

26:17

WillSebastian

Price data on oil markets can be very 'readable'. Preferred prices become very visible and lead to higher levels of probability and of course profitability.