raveon
The best pair to SHORT right now based on currency strength and strong trending downwards. Unless something happens to one of these currencies this should continue downward. There is a support level here that goes back to July 2016 but we will have to see if it has any effect. This should be interesting to see how technicals do against fundamentals. Obviously, I'm...
CHF should continue with STRENGTH but NZD could have a small rally so we are being cautious with this trade. Using PENDING orders as usual and we will see what happens. Trailing STOPS.
If JPY stays strong and AUD does not rally then the downward trend should continue. We are using a Trailing STOP so no PROFIT target.
GBP is currently the weakest currency and CHF the SECOND strongest. No reason to doubt this downward trend will not continue.
NZD is currently the SECOND weakest currency and JPY the strongest. No reason to doubt this downward trend will not continue.
GBP is currently the weakest currency and JPY the strongest. No reason to doubt this downward trend will not continue.
Currency Strength GBP = weak and CHF = strong. This is a pretty good SELL right now but, as always, we will be looking for a "better deal" ON THE sell PRICE. CHF is second only to the JPY in Currency Strength.
Currency Strength - GBP = weak CHF = strong and trending stronger
CS GBP weak and USD strong (and could get stronger). When the price gets above the channel their may be great value in a SELL.
Time to SELL? Price needs to get to that bottom channel line. CS = GBP very weak CAD = very strong
Currency Strength AUD = very weak and JPY = very strong Same story as GBPJPY. We expect a continued downward trend but are looking for a small move upward for the short run to get a better value SELL order. However, if the price breaks down below the lower TREND line then we just "get on board" the SELL train
Currency Strength GBP = very weak and JPY = very strong. We expect a continued downward trend but are looking for a small move upward for the short run to get a better value SELL order. However, if the price breaks down below the lower TREND line then we just "get on board" the SELL train
Currency Strength. EUR weak JPY strong. Good value SELL area
This could go either way. Consensus is SHORT but if the USD falls at open then we could see a LONG. Will have to monitor USDJPY at East Open and watch US Dollar Index when New York opens.