We have still a lot of EUR news, following CAD news that EURCAD is looking to become a long as price is rising. Also, you should look at the lagging line as well going up.
As we experienced a massive drop in price of GBP pairs, we should be experiencing price to go up for GBPUSD as multiple news for USD. The lagging line looks clear for a buy as well with enough support.
Price of AUD news has passed for RBA Monetary Policy Statement, which is moving up. Therefore, we may see a continuation for GBP news of Gross Domestic Product. In addition, good support level on price for GBPAUD.
Brexit headlines shoot GBPUSD up to resistence line, It should retract soon!
Given the recent weakness for the USD we believe this may just be a retracement, looks like Buyers are still lurking at around the 111.500 area and ready to add strength to take price further possibly overcoming the sellers remaining at the 112.550 area and carry on further to reach the recent highs of around 114.00
CAD experiencing very little activity today as it is also a holiday in Canada leaves room for stronger currencies to gain some ground. AUD has had a lovely start to the week with a strong bullish push in the early hours of the day. If price breaks 0.91859 and closes above that zone it would be a great opportunity to enter the market to grab 30 pips at the Zone 2....
Eur has gained considerable strength in the last couple of hours. With Eur expecting positive news we should see a considerable rise. There are 4 zones that i expect to be crossed in the next 24 hours. The orange zones are on the daily time frame while the blue zones are on the four hour time frame. Trade with caution! ;)
GC (GBP/CHF) is building Inverted hammer in 4hr Tf Vwap good for entry, Z distance from Vwap is highly overbougt Day Range is +200 pips so be very careful and mindful. Sterling falls below 1.30 in 10 months. Tomorrow Economic calendar event & news can affect pound heavily!!
Keeping a close watch on the USD as looks like Sellers are still waiting in the area around 0.6700 Depending on News and Economic Data such as Core Durable Goods Orders and what Fed Chair Powell has to say, these orders could get filled and take price down lower.
GBPNZD holding up at the 23% retracement of yesterday's range. We have UK data in just a bit, and are expecting better data. GBPNZD seems like a decent odds play (post-data) if we are correct, matching GBP strength with NZD weakness.
Friday morning is some heavy GBP news Long trade Buy stop @ 1.2920 Buy Take Profit @ 1.2970 You determine SL Short trade Sell Stop @ 1.2840 Sell Take Profit @ 1.2790 You determine SL
AUDUSD BUY SCALP Buy right before AUD news in 30 mins !!
So far my ETH/BTC prediction is playing out quite well. ETH/USD losses have been offset by the 32% increase in BTC’s value up from $6400 to the $8000-$8500 range. This has kept ETH/USD from falling to $350 or so from the 20% loss in true value. Read the rest: medium.com
A combination of worse data and underlying negative sentiment regarding Brexit negotiations is keeping the lid on the Pound. We do expect further losses in the coming days.
There is CAD news in the morning of the NY session which should move price in either direction High possiblity that price coud move sideways until news comes out Bullish trade can move up to previous resistance and 100 sma Bearish trade can move to bottom of range
GBP is holding up today despite PM May's government is losing pieces (various resignations in the past days). Today's upwards move was bond-driven but we feel there is scope for further upside as UK data should be supportive.
Elon Musk CEO of Tesla twited great news for Tesla in terms of production rate. So the stock could move up significatly.