numericstrader

numericstrader

NZD - Strong CAD - Weak Need clear rejection or and englufing candle to created mini higher high and higher low.

numericstrader

EUR - Weak USD - Strong - Poor PMI results last week for EUR. DXY strong - Confluent to USD stregnth

numericstrader

EUR Weak - Last week also had poor PMI results USD Strong - Need retest of rejection of last breach support/resistance area.

numericstrader

GBP and NZD - weakest currencies USD and JPY - strongest currencies AUD and CHF - neutral currencies. EUR - weak ( specially with yesterday’s poor PMI result) CAD - strong ( yesterday’s interest rate was good for The CAD/ gained strength) ** NZD trade balance release was poor yesterday and support the weakest of the NZD currency. Still a currency to buy against....

numericstrader

GBP and NZD - weakest currencies USD and JPY - strongest currencies AUD and CHF - neutral currencies. EUR - weak ( specially with yesterday’s poor PMI result) CAD - strong ( yesterday’s interest rate was good for The CAD/ gained strength) ** NZD trade balance release was poor yesterday and support the weakest of the NZD currency. Still a currency to buy against....

numericstrader

GBP and NZD - weakest currencies USD and JPY - strongest currencies AUD and CHF - neutral currencies. EUR - weak ( specially with yesterday’s poor PMI result) CAD - strong ( yesterday’s interest rate was good for The CAD/ gained strength) ** NZD trade balance release was poor yesterday and support the weakest of the NZD currency. Still a currency to buy against....

numericstrader

EUR - PMI News release results were poor, not helpful to the EUR economic sentiment. JPY is still strong. * Rejection of Daily Pivot * 14 EMA rejection * Second leg of M * Price Action with the bigger trend heading down *1H and 4H Heiken Ashi Confluence

numericstrader

USD Strongest Currency CAD Weak *Need close above Daily Pivot *Need rejection on 50/14 EMAS *Rejection of support

numericstrader

CURRENCY TREND CORRELATION: JPY - Strong AUD - Weak TIME FRAME CONFLUENCE: *Weekly Bias: Short *Daily trend down *4H trend down DAILY Heiken Ashi - Bearish

numericstrader

USD - Gaining Strength GBP - Is The Weakest of the Majors NOTE TO SELF: Keep It Simple Stupid Trade Smart Not Often Be Very Selective Plan The Trade Trade The Plan

numericstrader

Trade potential short, using currency strength. Need a Bearish engulfing or bearish pinbar before selling. NZD = Neutral in strength EUR = Weak in strength

numericstrader

Both the CAD and GBP are weak currencies, but the WTI/OIL gapped up, filled the price gap and now looks to be reversing on the Daily/4H. Since the Canadian dollar is highly dependent on OIL, I'm looking at the strength in the fight between the CAD and GBP to lean more on the CAD side.

numericstrader

Looking for CAD/WTI OIL strength to pick up, which would be confluent to the sell off of the NZD. The NZD has been bought for the past 2 weeks and is near major resistance area of the downward channel.

numericstrader

Looking for JPY strength to pickup. If Strength picks up on the JXY we could see momentum pickup across the board on the JPY pairs. There is a divergence warning on the 4H for both the NZDCAD and NZDPY pairs I'm looking at this week. Looking for Sells in the next week then buys after some of the NZD sells off. - 4H Divergence - Daily Downward Channel