WisdomArnold

WisdomArnold

NFP came in lower than expected but unemployment rate declined. The next event coming up is US CPI, which is expected to go up. I am still maintaining a sell position because any higher than expected CPI will force the FED to continue holding. Also with the Trump's tariff threats I still anticipate the EURO to remain under pressure. Those with no entries watch for...

WisdomArnold

After carefully following up on US and EURO Zone data. We can positively say that the data has been favorable to the dollar. As at now the Fed has reduced the number of expected cuts this yr while ECB maintains a dovish tone promising a series of cuts even if they are not to be consistent. Also we have seen the NFP Data high and unemployment declining. If Trump...

WisdomArnold Updated 

USDCHF May run to 0.92100 early next week, as the week's high. I anticipate a reversal once it reaches that level ahead of US PMI and US GDP. Given that the GDP is expected to decline, any less than forecast figure may push it 0.88700 then later to 0.88100.

WisdomArnold

I don't think USDCHF will move below the 50period moving average given that the NFP report has favored the dollar and where Powell is Hawkish, the pair will move to test the weekly time frame 200period moving average at 0.93446. lets have a close look on the pair.

WisdomArnold

After a careful analysis if US data, the data is likely to continue having strength. I am anticipating a long term sell to 1.03420. I also highly rely on federal reserve one last hike which means the FED is hawkish so I firmly stand with my sell position.

WisdomArnold Updated 

We are staying short ahead of next week events, we are targeting possible move to 1.05438.

WisdomArnold Updated 

We made a buy entry at 0.88540, we are still holding this position ahead of next week key events, if the data release remains favorable for the dollar we shall hit our Tp1 at 0.89958 and our Tp 2 at 0.91200.

WisdomArnold Updated 

EURUSD is on a downtrend both long term and short term, it may possibly go to test for support at 1.04528, It is wise to sell on Monday also based on the hawkish fed and the carry trade.

WisdomArnold Updated 

After careful analysis of both fundamental and technical, EURNZD has shown signs to drop up to the 1.71242 or 1.70077 area.

WisdomArnold Updated 

CAD is quite stronger than the USD at the moment, even though its on an uptrend, the uptrend is appearing inside the range, lets wait for an opportunity to sell.

WisdomArnold Updated 

The JPY has been currently gaining strength, as we head towards BOJ policy rate and USD news, There has been formation of triple top on the 4hr time frame, signifying an end of trend on the smaller uptrend that was moving to retest at 145. after a major uptrend break toward the sell side, therefore I'm eyeing a change in direction.

WisdomArnold Updated 

Been trading GBPJPY for a while, you might consider checking my profile and check how we've been moving, and see whether I'm right to speculate that move.

WisdomArnold Updated 

I have carried out proper research, the pair hasn't started to but yet but there are high chances it will soon. Don't miss out as a inform on the entry. Lets be patient enough.

WisdomArnold

After a close follow up on NZDJPY, I have been able to identify key support and resistance, I have also researched on the fundamental and market sentiment, I think NZD will take over.

WisdomArnold Updated 

Could this be the Move ? Let me know what you think.

WisdomArnold Updated 

Gold is retesting the previous support but below that there is a small uptrend. If it breaks the small uptrend please do wait for a retest and short up to 1832.

WisdomArnold Updated 

After consideration of the market sentiment and fundamentals USDCHF might shift to the buyers side next week. Keep an eye on the pair for the opportunity.

WisdomArnold

NZDUSD idea, for months I have been moving with the trend and right now I'm eyeing a move up to 0.65641