WillSebastian

WillSebastian

Recent sentiment around Yens have consisted of increased bets on a return to rate hikes within Japan and unwinding on the longer term move (weakness in Yen pairs overall, JPY strength). This, really is the widely expected consensus as the global economy evolves. A lessening of rates in all other major economies and a hiking cycle within Japan would likely lead...

WillSebastian

Many Crypto Traders/Investors like to believe in a potential 'Santa Rally'. Essentially where investors pile money into such assets (BTC) and the price raises with demand. Really, if you are going to be buying BTC at such highs you are not really Trading the asset, you are 'believing' in it's potential. Any holding of anything at all time highs is not going to be...

WillSebastian

The direction of Gold in the last couple of months has had various sentiment influences/drivers. Most recently, risk on/risk off coming mostly from the latest USD strength post election + Consistent data and geopolitical tensions have given a lot of weight to each movement. It's vital to track all Sentiment drivers and assess the risk that it imposes at any...

02:20

WillSebastian

EURUSD is resurging on some minor USD weakness based on potential FED actions and a waning of USD strength. Key levels arise slightly higher at early resistance/Early Key Moving averages.

WillSebastian

AUD weakness fed into markets today and rebounded on some key price action (resistance) and likely profit taking. Holding off any new entries until lower, or higher as labelled.

WillSebastian Updated 

Antipodean currency pairs (alike GA, EA, GN, EN) have rallied continuously post GDP data out of AUS and the direct easing bet increase. This brings about clear short opportunities as labelled.

WillSebastian

The double whammy of antipodean weakness and no real dip in USD strength has brought about returns to recent lows. Would not be surprised if we see any persistence in falls but still long minded, reflecting on local price action continually.

WillSebastian Updated 

The NZDUSD alike many other pairs has fallen continually over time, mostly off the back of a stronger USD and some Risk off on geopolitical tensions. The increased concoction of USD strength is dragging the NZDUSD lower. However, it can only really fall for so long without any kickback. Profits, at some point, have to be taken. It is also likely minor sentiment...

03:22

WillSebastian

Oil has been lacklustre for a considerable period now, sinking back towards lows and key rejection areas seen recently. Any longs, likely to be support slightly lower and could see support from OPEC.

WillSebastian

USD/CAD has rallied on continued USD strength, but stalled on slight removal of willingness for USD longs. CAD easing cycle remains fast and inflows still lessened. Higher highs would not be extremely surprising. Cautionary longs to take at support drawn.

WillSebastian

Continuous short side downtrend persisting, re-short areas hit. Any further NZD strength may incur pulls. No big diff between Monetary approach.

WillSebastian

The Technical case that GBPUSD sits on comes mostly as a result of the dip ensuing post some minor dollar weakness. Would not be surprised if alternate Major currencies rebalance slightly with USD on some form rebound within current upmoves. Long minded.

WillSebastian

Further USD inflows came into Monday open this week. Dollar buying continues into this week on the same sentiment factors, mostly being inflationary and a lesser speed of easing. This differs to Friday where we saw the opposite. Any geo-political tension increase could invalidate falls. Levels for entry are labelled accordingly.

02:09

WillSebastian Updated 

Many factors contribute to long thinking at this current level. These form the basis for increased probability, based on price action.

WillSebastian

Inflation data out the BOJ has risen prospects of a rate hike in DEC on inflationary pressures. This is feeding JPY strength, and was widely expected to occur in the unwinding of any weakness. Longs far preferred lower, short bias on any rallies.

WillSebastian

EUR/AUD has continually fallen on a further weaking of the EUR. Rebounds since taking us back to key resistance upper TL. Shorts warranted.

02:00

WillSebastian

BTC has fallen from $100K Targets as many Traders/investors remove some holdings. Dropping back now to early support with further levels lower. These are key for any long side bias going forward.

01:43

WillSebastian

USDJPY has fallen as Dollar profits are moved out of the market (effectively shorts). Any intervention from Japanese Govt I would presume to happen back towards highs at a unfavourable rate.