Zawacapital

Zawacapital

investors’ focus on the risk of a slowing global economy, a sharp rally in the yen — a traditional haven currency — would make some sense to opening low risk short position from here, Also current administration’s strategy to use tariffs as threats to mold his foreign-policy against multiple countries will create an ongoing and unknown certainty .

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Gold bulls still enjoying longer-term technical and fundamental advantage, Although prices are still down from its record highs hit eight years ago, gold prices may ending the decade with a gain of 34%. There is at least one major news development that everyone knows will impact and likely unsettle the markets next year; the U.S. presidential election, U.S.-Iran...

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USD still enjoys high carry 2.6% vs EUR over, making short USD positioning unattractive. No currency in the G10 FX space offers a higher yield than the dollar. Market expectations earlier in the year that policymakers will not be able to fulfill their tightening ambitions turned to bets that the next move in interest rates will be down as the economic outlook...

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Trade wars and Brexit not yet resolved, market uncertainty will continue to support safe heaven currencies and gold prices in 2020

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Despite the recent declines, the USD Index position has now remained in bullish territory for eighty-three consecutive weeks starting in May of 2018.

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Good place to open sell

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Euro index downtrend still intact, look for price action to open another sell position

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The key support level has been a level that buyers have leaned on for possible pullback. The strong kiwi flows over the past two weeks have been in AUD/NZD as the pair slides back under 1.05 for the first time since August. watch price action for possible pullback

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safe heaven currencies will continue to shine and could attract more attention from investors in 2020, according to one market analyst and The Federal Reserve is way too relaxed on monetary policy and a potential economic slowdown

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LOOK FOR PRICE ACTION TO OPEN SELL POSITION

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EUR/USD provide good setup for sell with low risk at this level, look for price action to open another sell position

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EUR/USD short-term technical outlook indicate bearish momentum to accelerate once below 1.0990 Fibonacci support. while fundamental poor EU data coupled with a renewed dollar’s demand, EUR Index remains under pressure. AS FOR RISK REWARD RATION ITS BETTER TO LOOK FOR SELL POSITION AFTER UPWARD CORRECTIVE STRUCTURE COMPLETION

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If Trump doesn’t converge with Chinese then the Fed will continue chopping and that has huge implications – safe heaven currency and gold bulls will be feeling a tad excited right here. USD/CHF Multiple failures to rise past the region 0.9851 highlights the bias is back on the downside for 0.9851 support, and possibly below

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on monthly and weekly time-frame CHFJPY trend is still downside china and US trade war globally economic slow down All this will continue to intensify the down-trend

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look for price action to open buy position

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AUD index to range more towards upside. provide good sell opportunity for EURAUD. look for price action to open sell position

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USDJPY present good sell opportunity on D1 time-frame after possible end of upward corrective wave RE-new of downtrend is near for USDJPY , pay close attention to price action for sell position

Zawacapital

EUR INDEX is in down trend, but this week we might get a corrective structure to the upside watch price action for buy position