If Trump doesn’t converge with Chinese then the Fed will continue chopping and that has huge implications – safe heaven currency and gold bulls will be feeling a tad excited right here.
USD/CHF Multiple failures to rise past the region 0.9851 highlights the bias is back on the downside for 0.9851 support, and possibly below
USDJPY present good sell opportunity on D1 time-frame after possible end of upward corrective wave
RE-new of downtrend is near for USDJPY , pay close attention to price action for sell position
DXY approaching Fibonacci golden ratio and Fed Chair Powell Testifies this could be good opportunity to open sell
watch price action to open sell postion
For long time New Zealand Dollar has benefited from the current Euro-Zone crisis, till now nothing has changed fundamental thus bear are still in control.
Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years.
any positive developments from OPEC regarding deeper production cuts will underpin prices, and the announcement of a partial trade deal between the United States and China will be the catalyst that triggers the breakout.
THE US-China trade talks which continue to veer on a positive direction. Still, it’s the data that counts and traders will be looking towards...
Analysts are suggesting that safe heaven currencies are unlikely to make any significant moves unless there is a big geopolitical spark and more monetary tight.
U.S. equities fell from record highs Thursday after fresh concerns emerged over the likelihood of a trade deal with China, a factor that could continue to support safe heaven currencies like CHF and JPY.
