ORBEX: EURUSD and AUDUSD Reach Critical Intersection!The Coronavirus keeps spreading, weakening Aussie despite the upbeat jobs numbers as markets take a less risky approach to the heightening threat.
Technicals indicate that Aussie and Euro move hand to hand, with the former falling following a ‘holding’ ECB! Now both are corrective and at a trendline low!
Pound, on the other hand, does relatively well as rate cut expectations diminish! Will it continue long? Well, PMIs could tell...
Trade safe
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
Aussie
ORBEX: Fed Injects Money in Repo Markets BUT Is That Really QE?Market participants seem to have taken Fed’s liquidity injections as QE, dragging dollar down.
Despite increasing the balance sheet, the Fed’s move should be really reassuring investors that funding pressures, at least in the short-term, are and will be lower.
Or, should it not?
Well, the demand for funding was slower than expected near year’s end. But is this perhaps because institutions are trying to shrink their balance sheets to hit yearly targets...?
Timestamps
USDCHF 2H 02:00
AUDUSD 2H 04:50
NZDUSD 2H 05:55
Trade safe
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: Risk Up on LOWER TARIFFS As China Announces Import Cuts!China announced they will be lowering tariffs on a number of items come January 1st, making markets looking more festive ahead of Christmas!
Aussie and Kiwi took the headlines with a positive tone, however, Cable kept entering lower territories on the back on post-election no-deal fears! Will the Santa rally continue?
Have a look at our Elliott Wave analysis for further clues!
Timestamp
AUDUSD 2H 01:15
NZDUSD 2H 04:10
GBPUSD 2H 06:20
ORBEX: Brexit Hopes Up on Tory Lead, Trade News Fail to Lift FX!In today’s market insights video recording I talk about the pound rally and how the cable is likely to perform now that polls show a comfortable Tory lead!
I also explain why #Aussie isn’t moving higher while risk-on mood increases high-beta bets amid the latest #tradewar headlines that a deal is indeed possible before Christmas! What are markets waiting for?
Watch what Elliott waves have to say!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: AUDCHF, USDMXN: Both Looking Bearish!In today’s #marketinsights video recording, I talk about FX Minors AUDCHF and USDMXN as they both seem to be moving down impulsively.
Added uncertainty amid the latest trade delay, and poor Chinese activity and Australian employment data all add pressure on the Aussie.
Mexican peso, on the other hand, weakened yesterday following Banxico's decision to cut rates! But technicals hint to a short-term rise only?
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: RBA Stays Put, Keeps Inflation Outlook Unchanged!In today’s #marketinsights video recording, I talk mainly about #RBA and why #Aussie in somewhat bid and I also touch #eurodollar.
#AUDUSD, despite yesterday's slide and regardless of trade war narratives, was pushed higher earlier in the session on the back of RBA's hold. The pair was supported as the bank kept the inflation outlook unchanged and reiterated that the economy is indeed in a changing state. That, of course, gave hope to investors and the like.
#EURUSD on the other hand, also weak yesterday on the back of a stronger dollar, remains under pressure as Euro Area PMIs remain far from expansion.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
AUD/USD: Arrived At Previous Crucial S&R Zone!Hello my dear Forex friends and welcome to this Aussie/Dollar technical analysis & price prediction!
The possibility of easing in the ongoing US-Chinese trade war has propelled the AUD/USD to the previous crucial 68,5 to 69 Cent psychological S&R Zone. A reaction from the bears would be expected here, but be cautious: We could go into extremes before that happens!
Our predictive Odin framework literally killed it in this bullish play, by giving the buy signal at 67,5: You can get your 7-Day-Trial version and thank me later! ;)
If you had some value from our analysis, give it a thumbs-up & comment it, because the mechanism shows our analysis to other people then. Make also sure to follow us so you get notified on our analyses! I wish you a good trading! :)
Edgy is providing online education & indicators only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Aussie: Runar Called The Breakout! Hello my dear Forex traders, and welcome to this Aussie technical analysis! ;)
I will show you in this video how I personally killed it yesterday, and how you can too. Have fun watching! ;)
If you had some value from our analysis, give it a thumbs-up & comment it, because the mechanism shows our analysis to other people then. Make also sure to follow us so you get notified on our analyses! I wish you a good trading! :)
Edgy is providing online education & indicators only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
ORBEX: GBPUSD, AUDUSD: Trade And Brexit Deals Fall Short!In today's #marketinsights video recording I analyse #GBPUSD and #AUDUSD
Pound Lower on:
- Highly complex proposal for a double customs system
- Nothing substantial or "workable" submitted to EU
Aussie Lower on:
- Tradewar shift, again, as tariffs part of the limited deal
- Phase one not documented, China needs confirmations
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
Aussie: Bulls Very Strong!Hello dear Forex friends, hope you're doing well guys!
Our last analysis was spot on, as we've correctly identified the bottom bounce. Now after this huge bull move up, we can expect the bulls to pause, but they're still very strong if we look at the Daily consolidation with the Doji's. Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Aussie At Crucial Support!Hello dear Aussie/Dollar traders, forex friends, hope you're doing well! ;)
This is my first video to the AUD/USD chart: I'm gonna tell you about my background and why I'm doing Edgy.
We have now arrived at the crucial previous bottom range at 68.5 Cents inside the Equilibrium to 70 Cents: The bulls need to see a bounce going on from this range. We're oversold on the 4H and will become oversold up to the Daily if we keep going down lower: This is a clear mean-reverting play.
If the bulls don't manage to hold the 68.5 Cents and bounce from this zone eventually (not talking about short-term), we will look towards 2009 financial crisis lows.
Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
AUDJPY - Buying dips in the short termWe are still looking for opportunities to buy AUDJPY on dips towards 74.85. This video goes through our multi-timeframe setup.
Here is our day trade idea for today...
Trade Idea
Broken out of the channel formation to the upside.
There is scope for mild selling at the open but losses should be limited.
Bespoke support is located at 74.85.
Further upside is expected although we prefer to set longs at our bespoke support levels at 74.85, resulting in improved risk/reward.
Expect trading to remain mixed and volatile.
We look to Buy at 74.85
Stop: 74.55
Target 1: 75.70
Target 2: 76.10
Exclusive Elliott Wave Video Update: EURUSD, GBPUSD, AUDUSDHello traders,
I hope trading goes well.
Well, it's been sometime since I made video analysis, so after looking at some old charts I came up with an idea to update you on some of the FX market since December video analysis.
Also, I see some very interesting developments on EURUSD at the moment. I really think it's worth to keep an eye on it.
Please, if you like a video, pres LIKE below.
Thank you,
Grega
EURAUD big bullish equal ABCD settin upIn EUR/AUD pair there is this major resistance/support zone on weekly and daily chart. Price has break the ''ice zone'' on daily and is closed above the structure. If we get a retest on 1h - 4h chart between fib 38.2-50.0 levels, there would be equal move then to orginal trend on the zone's top.
EURUSD, GBPUSD and AUDUSD Looking for More Weakness in 2019Hey Guys, I am tracking, and updating some of the longe-term charts for 2019, so decided to make a quick update for euro, pound and aussie.
I also wanted to cover cad but unfortunately 10 mins were not enough for full coverage. I will do my best and cover it in one of the next update.
Grega