Overall multifaceted analysis leading me to short USDJPY
SPX has entered a period of constrained volatility as we could see risk sentiment return to the market?
What does this mean for the so called "flash Crash" that we had in the Yen earlier in the year? Well at 700 Pip rally in less than a quarter is a massive move, but can we sustain that...
EUR/USD is currently situated between 1.1400 and 1.1340s. A break below this range could led to further downside price action.
As of now, Euro stands still awaiting a confirmation to the downside.
Gold Has seen some whipsaw action over the past few weeks. With futures trading lower and lower, the FOMC meeting on thursday, Can gold continue its downside move into 1200 per oz?
After a quick snap to retest previous highs during the london session, EURUSD is looking to continue to the downside as the pair falls into the all important 1.1300 support level. I am currently short on this pair having seen the retest and break below the 6 dynamic exponentialmoving average. On wensday we will see FOMC minutes as they concur with current market...
Based on Weekly Price action for GBP/JPY we can see that This pair has broken a weekly Major Trendline and Retested the Area with some Choppy Consolidation and Rejection. A 61.8% rejection is also in line with Key weekly levels that also supports the idea that the -27% extension passed 140.00s will be reached.
A quick glance over at the BXY will also show some...
Ok Traders, EUR/USD is primed to go lower in my opinion. After A small Rally this last week to give back some gains by the dollar, the EURO is showing weakness yet again ahead of ECB Dovish comments to end QE. Despite that Being EURO Positive , the comments raised by the ECB will fool the market into thinking that Inflation is not coming soon and that Interest...
Quick Scalp. High Risk low lot size on EUR/USD Scalp. Yes I am still bearish on the euro However Price cannot fall stright down forever.
Looking for a Retest to the Daily 6EMA Area before shooting lower. Currently long just a tad