Hi, no deal Brexit is NOT priced in ( IMHO ) If we want to get it right, I'm not saying that there will be no agreement in the last second ... The point is, if there is NO agreement .... I dont even want to think about all those pound buyers .... Oki, longs in play 0.8990 / 75 and again 0.9045 / 30 Stop below 0.9018 First target 0.9140 Second target 0.9300...
📌 After completing a second test of 1.20xx, profit taking entered into play with the fix yesterday. Dollar is clearly restrained by Fed and WH prevention and then by a later of risk hedge clearings . Before I present the usual schematic representation, we should look at just how difficult the environment is to play correctly with timing these reversals. As...
Heading towards major resistance; currently in consolidation. RSI>50 Stoch oversold Good luck and follow me for more
Hello, we are currently testing the so-called the "line in the sand" for both buyers and sellers. Defending the current levels will allow sellers to retest at least 1.1500 / 1450. The breakout through 1,20 ( based on daily close ) opens : 1.2160 / 2250 and 1.2500. As long as under 1.20, and everyone sells the dollar, the counter move can be a kind of solution,...
Trade Analysis based on Price Action. With Risk Management You will Never loss. Thank you
EURUSD parity will be traded in the range 1.18800 - 1.17200 for a while. Wait for ECB December Incentives.
Hello, the yen weakens with rising yields, maintained "vaccine" sentiment EURUSD is technically supported around 1.1760 / 40 USDJPY technically looks good Looking for so called "double kick" Buying at/around 123.85 and 123.25 Stop below 122.75 Target 1 126 Target 2 128 Good luck
📌 EURUSD Market Commentary 2020.10.29 At a time when Lagarde ought to play the “leading” role, something similar to the pacemaker in the Tour de France, and not kick the can with PEPP while reading newspapers about what has happened from her home. I am personally expecting nothingness from the ECB and instead to tee up more QE in December which will be...
Actually the EU situation is critical concerning the COVID context. The European Central Bank wont change anything about policy parameters. All decision will be made on December. Actually, the price is under 1.17, the next step is 1.16 . if the 1.16 is broken so im waiting for a return at 1.13. good trade
Trade Analysis Based on Fundamentals and Price Action. With Risk Management You Will Never Loss. Thank You. Feel free to share Your View and Comments Below.
📍 DAX gaining tempo The previous 2020 macro map, outdated as it may be, contains the overarching manoeuvre which we can now describe as a compounding play. It is as follows: my models started to pick up on the alarm bells towards the back-end of last year, and hinted of DAX making revisiting 10,000. The compounding is going to be of great importance, when we...
📝 EURGBP While the single currency block continues to work together on Covid the UK is as divided as ever, from Scottish independence to the North / South divide. Faster Macro data has started to tick back down in Europe and the UK. We are going to see a decline in activity once more into November and with Brexit still to come this will hurt the UK more in...
Hello, technically it looks good after the break out from six-month consolidation. Risk factors: AU CPI EU rapidly increasing new cases of vir, possible total lockdown in France Long between 1.6560 / 6525 Stop below 1.6470 target 1.68 Good luck
📌 EURUSD Market Commentary 2020.10.22 A possible reversal between sellers and buyers taking profits After Eurobonds Positional Play , buyers might consider the exchanging manoeuvre from 1.20xx a good level to take profits since these levels are dangerous waters for those wanting to add longs. However, the recapture of 1.18xx is apparent, and noteworthy of how...
EURUSD didn't make a daily close below the trendline to produce a false break signal, and ojectively it has in fact signals some more. Looking at the head and shoulder topping structure while assuming the September top is in, this is a classic consolidation pattern of tight trading ranges forming a harmonious ABC move, so and I'd expect a solid turn at next key...
Trade Analysis Based on Fundamentals and Price Action With Risk Management you Will Never Loss. Thank you
📌 An update to the map for French Equities By now we should have all positioned our portfolios defensively and be sure that in doing so by covering we are ensuring that our opponent will not try a steam roller! Think back to the diagram and follow the flows.... We have a typical position here in which French Equities can be sold actively. Thanks to the...