We expect end of the down movement and reversal of EUR/USD trend. Good moment will be NFP a couple of hours later. We looking for candle pattern confirmation for possible buy entry. It's very likely to see lower price for a while, as we shown on a picture above
US/OIL: printed an inverted head & shoulders which could mean good news for our sell bias on USDCAD. CAD & Oil correlates. So with a strong pump on oil, expect sell off on USDCAD
We have a m30 bullflag for 1576. I expect it to reach before NFP, with NFP I am selling again for 1550
Hello, bears managed to close the day under 1.10 and theoretically we should continue towards 1.09 and below ... Intraday: selling rallies towards 1.10 / 20, stop above 1.1040, target 1.0940 and 1.09 RISK: NFP Good luck
According to daily and H4 timeframe. I am expecting a buy move all confirmed by Fibonacci 618 level.
The main event of the previous week was not a meeting of the Bank of England or even a decision of the Fed (both the Central Banks left monetary policy parameters unchanged). This is not data on US GDP (annual growth rates have been the weakest since 2016: 2.3% in 2019 compared to 2.9% in 2018), but the coronavirus epidemic in China. Yes, so far the epidemic has...
USDJPY 30 mins to Daily Analysis o/s levels in indicators and oscillators USDJPY support levels could reach above +100 pips resistance Economic calendar release Non-Farm Payroll positive expected and negative economic calendar release for JPY house spending
I mean, it's clear. Check the charts, AU it's really too much oversold, 5 weekly red candle, and this is not usual. We are near a weekly support zone, and i don't want to spent lot of words to justify my ideas: AUDUSD is up to go up for some days, we are in reversal zone and there is a divergence on h1 charts that confirm that. And news. Remember the news, ready...
I don't remember last time i posted one of my analysis. It's passed so much time... but i think it's time to get back and share my ideas. So, here you are a fresh signal before the NFP. EURUSD has made a consecutively 4 bear bars on weekly charts. History is clear, usually when EU is too much oversold... pullback is coming hard. Next, we are on important pullback...
Last week ended for the dollar is not the best way. Statistics on the US labor market came out slightly worse than expected: +145K new jobs outside agriculture instead of the expected +160K. On the one hand, it’s okay, but on the other hand, after +200K of employment from ADP, it seems to be not enough. On the whole, our predictions for NFPs based on statistical...
So, we got December NFP on Friday and here are takeaways: New Jobs – 145K vs. 165K expected. BIG MISS! Wage growth – 0.1% vs. 0.3 expected. BIG MISS! Unemployment: 3.5%, unchanged from November. I managed to close my Gold position in small profit despite betting on the opposite NFP guess (ready my previous post). Subsequent price action indicated that the...
A pretty bullish run towards Point D completion does create some restrain in shorting this pair. When a likelihood of another war breaks out in the middle-east region, often not USD is viewed as the safe-haven currency. Many has changed over the years, people start to take JPY, CHF, Gold and even Bitcoin as the safe haven. Well, is always better to be safe than...
For the Japanese Yen Household spending rose by 2.6%, month-on-month, following on from an 11.5% slide in October. Economists had forecast a 9.8% decline. Year-on-year, spending fell by 2%, however, which was worse than a forecasted 2.5% rise. In October, spending had fallen by 5.1%. According to the Statistic Bureau, There were heavy falls in spending on...
I demonstrated the flows earlier in the move before it played out, there was a winning move in December and the main line comes after: It comes down to the pursuit of seller stops; they have been forced to flee, but the flight itself has been riddled with challenges as more and varied geopolitical risk is conjured up. As I pointed out in the first week of...
-NFP negatively affected usd -USDJPY reached very strong resistance on h4 tested it couple of times now -you can sell it with stoploss about 40 pips@109.900 and Take profits as shown on chart -then we expect minor correction the heading to 106.00 for long term as JPY will get stronger
NFP meets expectations: Dollar’s (DXY) had a nice rebound, clearing the short-term range-high up to it’s current descending trend; channel-top. Also, confluences in 97.5 is a huge key level and also support for the Euro at similar prices respectively. There are a lot of USD based pairs at support and I think today will result in a continued trend to the upside....
Today will be published a block of statistics on the US labor market. Traditionally, statistics on the US labor market arouse increased interest among traders and often lead to volatility emissions in financial markets, since these data are some kind of leading indicators of the state of the economy as a whole, and are also used by the Fed as a guideline when the...
Optimism and belief in a bright future are generally quite positive things, but you should not abuse them, because this is fraught with a separation from reality. What we observed in the last couple of days in the financial markets, in our opinion, was that separation from reality. Asset prices are as if there were no killing of Suleimani, mutual threats from the...