WAIT FOR THE PRICE TO HIT THE UPPER TRENDLINE AND WATCH STRONG PRICE ACTION FOR SELL. DON’T TAKE A TRADE IF YOU DON’T SEE CLEARLY WHEN BIG GUYS ARE IN.
WAIT FOR THE PRICE TO HIT THE 61.8% OR 78.6% OF YOUR FIB LINES AND WATCH STRONG PRICE ACTION FOR BUY. SIMPLE AS THAT. DON’T TAKE A TRADE IF YOU DON’T SEE CLEARLY WHEN BIG GUYS ARE IN.
The dollar has been on the backfoot recently, with disappointingly low core inflation one driver of a correction in the dollar index. EM currencies have also been faring better. While weaker-than-expected core inflation can reasonably cast doubt on the Fed’s rate path (& dent the dollar),Nordea think it is too early for that. While year-to-date dollar strength and...
EURUSD still slightly downwards biased, as USD liquidity will re-shrink in coming weeks. The ECB’s indicator of negotiated waves has climbed to its highest level since 2012, and the same applies to the Euro-area labour cost index. While it is extremely unlikely the ECB will alter its dovish forward guidance of no hike until after the summer of 2019 any time soon,...
WAIT FOR THE PRICE TO HIT THE LOWER TRENDLINE OF THE PATTERN AND WATCH STRONG PRICE ACTION FOR BUY. FUNDAMENTALS AND TECHNICAL ANALYSIS SUPPORT THE BULLISH WAVE. DON’T TAKE A TRADE IF YOU DON’T SEE CLEARLY WHEN BIG GUYS ARE IN.
WAIT FOR THE PRICE TO FORM A CONTINUATION PATTERN TO SELL. FUNDAMENTALS AND TECHNICAL ANALYSIS SUPPORT THE BEARISH WAVE. DON’T TAKE A TRADE IF YOU DON’T SEE CLEARLY WHEN BIG GUYS ARE IN.
WAIT FOR THE PRICE TO HIT THE LOWER TRENDLINE OF THE PATTERN AND WATCH STRONG PRICE ACTION FOR BUY. FUNDAMENTALS AND TECHNICAL ANALYSIS SUPPORT THE BULLISH WAVE. DON’T TAKE A TRADE IF YOU DON’T SEE CLEARLY WHEN BIG GUYS ARE IN.
WAIT FOR THE PRICE TO COMPLETE THE CONTINUATION PATTERN THAT IT IS FORMING ON LOWER TIME FRAME AND WATCH STRONG PRICE ACTION FOR SELL. FUNDAMENTALS AND TECHNICAL ANALYSIS SUPPORT THE BEARISH WAVE. DON’T TAKE A TRADE IF YOU DON’T SEE CLEARLY WHEN BIG GUYS ARE IN.