Expectations around rate movement our now becoming more balance around AUD & NZD and we expect some re balancing to occur with the market looking toward the August RBNZ decision. 1.0520 is the level we want to see to give us confidence of further gains, with a break below 1.0420, where we have seen notable bid interest, turning the picture bearish
Discount should be given to the move below the 200 HR MA on the Brexit moves last week, as such bull trend still intact and being shadowed by the 200 HR MA, buy dips to this level, and will look to swing short on a break below - Kiwi trade balance data shortly after the open could give us a move to trendline, currently see CAD as being main driver of this pair.
USDCAD trading into tightening range, play the range and look for the break out, think we might have another bounce before it decides...
potential correction, similar idea for break out short
EURJPY looking to break long, will watch for now with plenty of risk events on the table
Markets looking risk off, oil in the sell zone, CADJPY good way to trade this
Brave long looking for the HR MA and range midpoint
Looking to buy the move higher on the ECB today, will take some profit from the initial move and leave some to run...if I'm right
The May short squeeze is done and now the market can get back to selling GBP into June 23rd, expect a wild ride so actively tight stop loss as the pair moves