The price of eur/usd is moving now! It stopped below the dynamic resistance identified by the EMA20 daily. So it did not complete the movement that we expected this week. The analysts had expected a slight decline in the US dollar against the other majors because of the FED conference, the announcement of the pay slips of the non-agricultural sector and the level...
Please note I am not a short term trader and I place no stops, I apply proper position size and build positions. I trade today's false sentiments when they arise and trade it for a profit in the future. I use Modern Monetary Theory for my analysis.
Please note I am not a short term trader and I place no stops, I apply proper position size and build positions. I trade today's false sentiments and trade it for a profit. I use Modern Monetary Theory for my analysis. Fundamentals BREXIT was a non event that did not effect the UK economy. A 20% decline in GBPUSD was and is unwarranted. The S&P, FITCH downgrade...
Short NZDUSD based on low CPI/ inflation = an RBNZ OCR cut is 90% likely - 105 mins after market open at 23:45GMT NZD releases their June CPI print. - In all RBNZ mandates they reiterate how they consider CPI to be their "main/ sole" target or dictator of the monetary policy they set (check any of their minutes etc). - Their target is 2%, plus recently they...
RE: Global Macro Update Regarding European Union, #ECB, and UK The way the #Euro is strengthening relative to the Pound, and particularly the way the #CABLE $GBPUSD cross-rate is falling out of bed is about to unleash shock-waves of negative #sentiment through the European Euro STOXX Equity Markets $FEZ. According to RunningAlpha.com Capital Markets Intelligence,...
(BASED ON OTE) BUY @ 41.20-41.80 (MAIN OBJECTIVE )TARGET 1 @ 45.20 (SECONDARY OBJECTIVE TRADE AT OWN RISK) TARGET 2 @ 47.50 (SECONDARY OBJECTIVE TRADE AT OWN RISK) TARGET 3 @ 50.20 STOP LOSS: DETERMINE HOW MUCH YOU ARE WILLING TO RISK OF YOUR OWN CAPITAL AND PLACE STOP LOSS ACCORDINGLY, REMEMBER YOU ARE TO RISK A MAXIMUM OF ONLY 3% OF YOUR CAPITAL, AND THAT ONLY...
(BASED ON +MB and +TS) BUY @ 42.20-43.20 (MAIN OBJECTIVE )TARGET 1 @ 45.20 (SECONDARY OBJECTIVE TRADE AT OWN RISK) TARGET 2 @ 47.50 (SECONDARY OBJECTIVE TRADE AT OWN RISK) TARGET 3 @ 50.20 STOP LOSS: DETERMINE HOW MUCH YOU ARE WILLING TO RISK OF YOUR OWN CAPITAL AND PLACE STOP LOSS ACCORDINGLY, REMEMBER YOU ARE TO RISK A MAXIMUM OF ONLY 3% OF YOUR CAPITAL,...
EURUSD-0.34% has cleared stops out above 1.14580 It hasn't broken the 'Macho' high from August so that could also back up the idea that this was just a stop raid of anyone short since september and this could also suggest this latest move up is part of a bigger bearish fractal, that will eventually clear out everyone long from August, maybe July. I have a SHORT...
SELL @ 0.7350 STOP @ 0.7380 PROFIT @ 0.7300
$EURGBP BUY TRADE, LONG @ ANY LEVEL BETWEEN 0.72550 AND 0.7280 TARGET 0.7400 STOP LOSS @ 0.7200 Watch this space as I will be posting more ideas to support this view and I will also be frequently posting small short entry opportunities and possible scalp trades whilst the bigger trade unfolds. I provide signals service for free as a gesture of goodwill, and to...
Slightly Late Publication. Traded right into -OB and had good reaction. Expect Price to be Bearish throughout the WEEK. Take Profit Target 1 @ 1.5380 Take Profit Target 2 @ 1.5200 Tage Profit Target 3 @ 1.5100 Watch this space as I will be posting more ideas to support this view and I will also be frequently small short entry opportunities and possible scalp...
Quick clean analysis showing GOLD weekly breaking this years bearish trend line and about to breach the 7 year high/low 38.2% Fibonacci Retracement level. I don't agree with Yellen, US short-term interest rates are not going to raise and I don't believe the US economy is recovering. Fourth quarter dollar weakness is imminent! sparking the power of...
Comments from governor Kuroda, inflation prospects reduced chance of further QQE expansion kept JPY well bid against USD in July. Trend is still strongly bullish (USDJPY) but early birds might catch a short correction in the comming weeks especially if japanese macro data keep surprising positively.
Overvalued Swiss franc? On march 19th, 2015 SNB left benchmark interest rates @ -1.25% and -0.5% and -0.75% on deposits, to discourage holding investments in Swiss Franc. The bank believes that the Franc is overvalued and should continue to weaken overtime. The SNB revised down growth in the Swiss economy to 1% from 2%. They believe that a stronger Franc keeps...
We have a new participant of the global wave of monetary easing policy after Japan, Europe, & other ASEAN nation. Keep your shorts on SGD opened at least from now until June - September 2015 :) 1.4 USDSGD is the near term target. www.bloomberg.com www.bloomberg.com