DavidFXMarkets

DavidFXMarkets

High potential but also high risk. Trade idea is currently based on the dollar's weakness, so AUDUSD has the potential to strengthen, and on rumors that the market will probably feed on for several days, weeks ... If sentiment persists positive for AUD because the markets will see that there is a chance for agreement between China and the US, then we probably have...

DavidFXMarkets Updated 

Taking into account the current economic situation in the world, FED's monetary policy and the economic situation in Canada, there is quite a high probability that USDCAD will fall. What is the reason for the USDCAD drop option? This is, among others, the following: 1. The Canadian labour market is in good shape (labour market report); 2. Bank of Canada is...

DavidFXMarkets

The main reason for enter this position is future global economic development - it is an assumption, an idea. Gold price is going up and in the future it should be better for AUD. Stoplosses was catched by Sharks of the Markets, investors and most of the market lose their money, liquidity is on the long side... So we have clear vision now, and probability of the...

DavidFXMarkets

Taking into account the current circumstances (sentiment and media), my short term vision for oil is on the short side. We can go down now, or go first for stoplosses and then go down (SL hunting, collecting demand for short positions).. Always control your risk and manage your positions accordingly!

DavidFXMarkets

In my view, what is happening now is only the collection of demand and knocking out the position of other market participants on long-term positioning in order to buy. We do not know, what market will do in following days, it depends on Sentiment (Media and News), but in my view this is the second wave and preparing for breaking up in the 3rd wave. This is my long...

DavidFXMarkets

This is my vision for USDCAD pair. We cannot predict what will happen in the near or medium term - it depends on sentiment - but in the longer period of time, we have probability of decline this pair. Presented Idea is only an assumption, one of many possibilities which can happen. Always invest consicously. The price can do anything at any time.

DavidFXMarkets

There is very high probability for AUDUSD for cyclic motion, given fundamental and supply/demand analysis. Risk to Ratio is on the long side of the Market. There is economic development in the world, commodities price should go up. We never know what the price will do, but we have probability of the move and potential. Both of them are on long side for AUDUSD now,...

DavidFXMarkets

Taking into account the current Price Action, momentum and overbought, there is a high probability of price drop, and the risk:reward ratio is at the level of at least 1:2 and more, depending on the method of entry and target. Definitely an interesting option for short positions. Remember to invest consicously, pay attention and be aware all the time, have a good...

DavidFXMarkets

This is my short explanation: Analysis of demand-supply for the AUD and NZD currencies shows, that in the future there sholud be a stronger demand for AUD and weaker for NZD. We do not know what the market will do today or in the near future, will it notice it and will start to discount it, whether it will continue on the side of short positions. We rely on the...

DavidFXMarkets

Presented Idea is an assumption depending on global supply/demand on currencies. In longer period of time, Euro should go down, has big potential to go down, it should weakening, but it will also depends on what Usd will do and how far it will go to the downside. USD has a big potential to go down and it can move in that direction even for a couple of months until...

DavidFXMarkets

This is short explanation of my vision (more information and full analysis are available - contact me via email). This is one of the best fundamental based trades nowadays. The Euro is overbought, Yen is sold heavily (I refer to CFTC Report). It gives the possibility of collapse of demand / supply for these currencies. The United States is going to raise interest...

DavidFXMarkets

I think it is one of the best trades in upcoming weeks, months. GBP has a very good potential to strengthen, governor Carney suggest in recent comments, repeats a hike may be appropriate in upcoming months, so the Central Bank is on the hawkish side. What is more, nowadays GBP is not appreciated as it should be, despite Brexit case. So there is some room for GBP...

DavidFXMarkets

Prons: 1. EUR/USD has potential to weaken - the price now is inappropriate to conditions in Euro Area - flat GDP which can negatively affect CPI in the future, 2. CPI is still far from ECB inflation targets - it will take a time to be confident about inflation growth and GDP, 3. Commodities like Gold have potential to growth in the future - it will positive affect...

DavidFXMarkets

The price of NZD is inappropriate to economic conditions in New Zeland. The Reserve Bank of New Zealand wants NZD lower. The trade-weighted exchange rate has increased by around 3 percent since May, partly in response to higher export prices. A lower New Zealand dollar would help rebalance the growth outlook towards the tradables sector. The last CFTC Commercial...

DavidFXMarkets

Prons: 1. OIL price and economy cycle which shows that commodities should go up (in long period of time), 2. Reserve Bank of New Zeland (RBNZ) Rate Statement & Monetary Policy Statement is on dovish site (as before), 3. Possible shifting in Bank of Canada Monetary Policy, 4. Global growth should positively affect on OIL price. Cons: 1. If dollar index go up, then...

DavidFXMarkets

Prons: 1. The last CFTC Commercial (Banks) report shows 5,850 long and 23,571 short for EUR/GBP X-rate, which is 4:1 ratio for sell EUR and buy GBP, 2. Preliminary CPI for Eurozone is not yet as good as expected, so the price for Euro now is not appropriate. Core CPI is still subdued, but Mr. Market buy Euro now because of assumption that there is a possibility in...

DavidFXMarkets

The price now is inappropriate (is too high, but it doesn't mean that it cannot go up higher) to conditions, which are currently on global markets (us monetary policy, possible shifting in cad monetary policy, oil prices...) There is one obstacle to fulfill this scenario - it is dollar index. If us dollar go up, then usdcad probably will consolidate or even go up...

DavidFXMarkets

Prons (very shortly): 1. CAD is strongly correlated with oil price, which bias is on long side (long-term); 2. The Economic Cycle shows global growth which is going to broaden and continue; 3. Monetary Policy in US will probably affect on canadian economy and future path of canadian rates; 4. Bank of Japan Monetary Policy is on negative side with negative tendency...