1/ WE HAVE A CROSS OF OUR 2 MAJOR DAILY EMAS 2/ OFF THE DOUBLE DAILY BOTTOM OF OUR EMAS 3/ USD WEAKNESS FORECAST THIS WEEK 4/ WHY NOT
USD CHF IN FOR A BIG WEEK THIS WEEK ALL OUR INDICATORS ARE SHOWING US THE USDCHF MAY DROP THIS WEEK
CHART SAYS ALL HAVE A GREAT TRADING WEEK
THE OZZIE DREAM RUN WILL END SOON AND THE MARKET WILL REALIZE THAT THEY ARE LONGING ONE OF THE HIGHEST EXPOSED PAIR OUT THERE THE AUD AUD IS PROPPED BY CHINA CHINA IS IN A WORLD OF ECONOMIC TROUBLES BUT THEY CAN HIDE IT BETTER THAN THE AUD RECENT POOR TRADE FIGURES HAVE PROVEN VOLATILITY IN THE AUD ALL WE NEED IS THE RBA TO SEAL THE AUD ,S FATE NOW NZDJPY...
Usd chf is one of those currencies you could stuck in for a long time before things happen then it happens
a solid close below 10650 is what we are looking for to target 103 currently +180 pips in this trade staying short
The chart sums our thoughts now looking for market bottoms a great week for us @ +2,600 pips
GBPNZD aproach very important zone we are currently short and +210 pips but we have an important zone approaching which will define the GBPNZD this week Trendlines and pivots have been blown away of late so caution is definitely recommended
a breach of 3100 will open the door to 1,000 monkeynuts It takes a world wide disaster like the Corona Market fear to bring reality to this silly Bitcoin Fad and the 100 k monkeynuts dream There will always be a Bitcoin but its real value is were it stated below 1,000 monkey nuts Bitcoin will go down as the classic PUMP and DUMP
Bitcoin has dropped 20 % value in hour
Having broken the Major level of 7100 we will stay short below the 38 level It sometime takes times like the current world Crisis to realize that Bitcoin is just a silly game those who made the money sold @ 17, 000 other are left holding the candle It may bounce up and catch a few more nieve traders BUT Do not see 100k thats 94,000 monkey nuts away LOL
AUD has greater Corona exposure than the USD once the market settles today we will short the AUD USD Stop way above the trendline
GBP CHF +140 pips staying short Coriona mania has struck the GBP
we are ' a decision level on the NZD CAD NZD is weak and Oil prices are effecting the CAD we favor the CAD
we will stay long as long as 11080 holds major resistance level 11240 next target and if we get a strong close above we may see 115 BUT a lot of Corona mayhem and NFP tomorrow riding this breakout like a Broco yeeehaa
4 reasons why to short the cable We will take this down and re access 1 fib level @ a time NFP tomorrow and a bit of Corona mayhem all fun all good
GBP CAD SHORT we are keeping our stop high above the trendline above the next fib level This is very Data dependent trade dependent on Brexit Carona Virus fears and markets reaction GBP is diving today also we have a raft of CAD new due today
EURUSD have we Hit Rock Bottom ?? or just a bounce up out thoughts on the EURUSD are on the chart currently +60 pips keen to see where this takes us every hole has a bottom , has the EUR USD Hit it