Finally, AUDUSD have started to regain its ground after most investors have swayed much stress over the retaliatory action s of China against the additional US trade tariff imposed by President Trump. The same manner that US equities have continued its pace to record levels after a minor corrective move led by the triple digit climb of the #DOW above 26200....
As Market Sentiments Weigh Heavy One of our market insight on the currency front is the AUSSIE Dollar rise as the ASX 200 index above chart have also benefited from the USD weakness but more importantly Australia's growth have proven to take shape as the index have rallied to its six month high and stayed above the 6000k key price level. With the Japanese Yen...
The worst performing value for the PHP was recorded on April 18-19, 2004 Asian Session. And marked a high @57.50/72 which later pulled back to close 55.75. And marked as the worst devaluation of the PHP against the USD. Which began drifting thereafter. The pivotal price recovery started @40.15 dated Jan 20, 2008 with a 2nd higher low 42.45 in Nov 11.08, 2010 and...
A long call option in the VIX has been over-crowded for sometime, instead taking a queue with the VIM2017 for June futures was more logical as it has also been over-due for a correction before June'17 expires by the end of the 2nd quarter trading. The motivation has been identified to be a technical Island formation and the fact that a third price swing above...
Nasdaq futures have trailed both the SP500 & DOW since last quarter of 2016. Even the Russell 2000 have gotten the better move ahead of it. But finally it caught up with Tech stocks delivering the goods as we are near the closing of the first trading month of January 2017. Based on our recent analysis mid-way through the DOW's breaking 20k, the last major...
CABLE @1.2594 N. High Confirms Price Reversal After Opening GAP similar to the what transpired from POST UK Exiting ERM dated Sept 1992. Even when there was a follow-through on the way up, only then when price levels sets a new high for the new month of January can we claim a validation & confirmation. The classic opening gap was indeed a price reversal even...
BITCOIN MARKETS Outperforms PSEI & PHP in VALUE megatrade101.blogspot.com Trading the Bitcoin market is more focused as an alternating trade strategy as it carries a much higher degree of risk due to its volatility and susceptibility to its current market regulations. However it is well recognize now by the Luxembourg financial regulator, the Luxembourg...
In contrast the positive effects of #CABLE's weakness provided the #EURGBP Cross rate a sustain move relative to its established direction as it penetrated its trend line resistance on the way up at the opening gap traded @0.8836 as the #EURUSD stayed @1.0605 levels at the Asian open. There are only tow ways to interpret this move either a run away gap which...
Reference to Oct 30, 2016 plus.google.com Update: As of Dec 09, 2016 Breaking Dawn to Rise for the #NK225 Aligned #USDJPY and its Correlated #HEWJ ETF as an Effective Strategy still active to this point. #Nikkei 225 @19042 high has been marked in the market, driving a strong move for the #USDJPY nearing the 115.50 target levels mentioned in our...
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In the recent development corporate America's tone is now changing towards the brighter side. With that said, analyst are looking into the corporate taxes on Wall street which was a concern then. Analyst are connecting the dots where equities would best be seen with the SP500 & DOW's recent rally can be attributed to. With US Statutory tax (ST) at current levels...
Indeed, A 'Divergent Trend' reflects Asian Equities 'Disjoint Angle', while keeping pace w/ US Equities. And the SP500 had a market sneeze! while the USD -DXY had a hiccup on election day! And gaining lost ground in the process. #DOW is up again in triple digit and positive territory. This only proves that secular forces are still in play driving market volatility...
Renewed interest came into a USD-DXY price recovery from a registered low @95.89 basis point. This was drawn from the Post Trump lead in the presidential election leading through the Futures movement that likewise traded on SP500 daily limit. We can consider this a ' Post Hiccup' that rippled through in the global market. However, the USD price recovery is still...
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CABLE's decline have equaled to or cumulatively greater than the decline occurred last September 16, 1992 when John Majors walked out from the European Rate Mechanism. However, the price difference came from a high @2.0180 while the BREXIT re-emerging sentiments recently came from a failed 1.3180 high which drew a quick pullback ending below the 1.3120 and below...