CHFJPY seems be actually overpriced follow the last week's events i really like the structure of its supply and demand zone from a technical view, due its volatile nature from the JPY side if you choose to ride the short side i would highly recommend to cover your exposure either with a very tight stop if you go with it as a stand alone position or look for buying...
Short opportunity after heavy selling activity.
EURUSD SHORT OPPORTUNITY retracemenbt of a heavy selling action
Following the last week's events the upcoming 1 to 2 weeks seems to be ideally alligned for a great hedging opportunity between these 2 pairs the excessive trading action has dragged eurcad in abnormal levels that makes is very complicated for those who are holding long term positions to cover the exposure or trail their gains. For those who do not need to...
NZDCHF made an attempt early last friday to close the difference in the gap created from last Monday to Last Tuesday in its positive correlation tree , i see great value in a short position as a stand alone sell as well as a re balance opportunity adjustment if your portfolio can yield the short side of this pair. A long position on GBPUSD could reduce / eliminate...
AUDCHF made an attempt early last friday to close the difference in the gap created from last Monday to Last Tuesday in its positive correlation tree , i see great value in a short position as a stand alone sell as well as a re balance opportunity adjustment if your portfolio can yield the short side of this pair. A long position on GBPUSD could reduce /...
Last weeks pound selling spree continued during Friday's sessions the US open volume made an attempt to make an initial break on the upside but felled short i am expecting a retracement on the upside .A heavy buying action session this week could cause a short term change in the trend direction. GBPJPY,GBPUSD and because of its correlation slip USDJPY also will...
The sell off continued last week for the pound that made little to no effort to adsorb the heavy selling pressure on Friday that turned the pair into a swap farming party zone for the weekend. Same concept applies as with my gbpjpy analysis be sure to check that also to have a clear overall image of what is my expectations and my expectation failure alternatives...