DETAIL SEE CHART. NO NONSENSE AND BS AND BABYSITTER COMMENTS FOR MILLENNIALS AND CRYPTO SISSIES.
Comment:
USD: Tactical Weakness Likely To Extend But Beneficiaries To Vary: 3 Themes To Watch - Citi
Citi discusses the USD tactical outlook and sees a scope for varied levels of weakness against other G10 and EMFX.
"(1) Fed rate cut coupled with US political tensions (Trump impeachment proceedings) - Tactical weakness in USD likely with JPY and Gold expected to be the key beneficiaries.
(2) Positive US – China trade developments - USD weakness likely against Commodity currencies (AUD, NZD & CAD) as well as Asia EM; Safe havens (JPY & Gold) to also likely weaken across the board (ex USD).
(3) Progress on Brexit - USD likely to weaken against EUR and GBP; safe haven CHF likely to decline against both EUR and GBP," Citi notes.
Citi discusses the USD tactical outlook and sees a scope for varied levels of weakness against other G10 and EMFX.
"(1) Fed rate cut coupled with US political tensions (Trump impeachment proceedings) - Tactical weakness in USD likely with JPY and Gold expected to be the key beneficiaries.
(2) Positive US – China trade developments - USD weakness likely against Commodity currencies (AUD, NZD & CAD) as well as Asia EM; Safe havens (JPY & Gold) to also likely weaken across the board (ex USD).
(3) Progress on Brexit - USD likely to weaken against EUR and GBP; safe haven CHF likely to decline against both EUR and GBP," Citi notes.
Comment:
Expecting both EURUSD and GBPUSD to do very well until end of October.
More gains very very likely.
GU target 1.3000-1.3150.
EU target 1.1150-1.1200.
More gains very very likely.
GU target 1.3000-1.3150.
EU target 1.1150-1.1200.
Comment:
conservative target likely met for bulls @ 2880 today.
Right now very likely we get a pullback 2880-2600.
take care and get ready to buy dips later.
Right now very likely we get a pullback 2880-2600.
take care and get ready to buy dips later.
Comment:
please review this chart for the highest probability setup.
Wave 3 now likely completed @ 2880.
Pullback incoming. Buy dips later next 2600. Or short sell anywhere from 2840-2880 target 2600.
please review this chart for the highest probability setup.
Wave 3 now likely completed @ 2880.
Pullback incoming. Buy dips later next 2600. Or short sell anywhere from 2840-2880 target 2600.
Order cancelled
Brexit deal getting closer, but key differences remain
Boris does not have a majority in parliament, so a deal may not pass
Economists expect a Brexit delay, then a free trade deal
Charts, daily momentum studies, 5, 10 & 21 DMAs climb, positive setup
Targets 1.2837, 61.8% of 2019 Mar/Sep fall, then blue sky to 1.3045 76.4%
Close below 1.2550 Sep high needed to end the technical topside bias