Despite positive Pound Inflation pick up, Positive Retail Sales, BOE 2 times hiking, May's Rejection of proposals with EU at the end of the day no decision at all could keep panic selling down!!. EU is the less to loose here. Fed will rise in September obvious December doubtfulness can hope some recovery for Pound bidders vs Dollar!! UK Irish border and trade...
September Rate Hike Obvious December Doubtfullness!! . Brexit jitters keep longs praised on DXY!!. _______________________________________________________________________________________________ Technically 93.45 Key support at test! 95.xx Key pivotal resistance zone at test!!! Key support lower 91.83 90.36 89.75 Trade Safe!!
Euro less to loose on Brexit talks well bidded? , Obvious Sept Fed Rate hike December Doubtfulness, USA - Chinese Trade Tensions their problem! , Italy? . ___________________________________________________________________________________________________ Technically R1 and R2 are at test. Key support lies 1.15xx area Longs Awaits!!! Trade Safe!!!
Despite positive Pound Inflation pick up, Positive Retail Sales, BOE 2 times hiking, May's Rejection of proposals with EU and at the end of the day no decision at all could keep this sliding down!!. RBA hawkish tone too ______________________________________________________________________________________________ Technically, Daily: R1 Resistive Trade Safe!!!!
Aussies Stable Outlook!. , Fed obvious Rate hike Sept-Dec Doubtfulness, RBA hawkish tone too!!. USA - Chinese Trade Tensions go on! _______________________________________________________________________________________________ Technically we have recovered S2 and P. Testing Higher Flag Resistance Affordable !! Longs awaits !!! Trade Safe !!!
RBA hawkish tone, Amid JPY Cpi Aud Job boosted, USD bidded well vs JPY!. Aussies Stable Outlook ___________________________________________________________________________________ Technically we have Recovered S1 and P. Looking for long opportunities!! Trade Safe!!!
Not much bad GDT index Positive NZD GDP? China backfires on USA? Flag was building up. We are at the bottom of the flag!. A breakdown flag lower trendline will accelerate downside to reach lower support channel!!. Slider channel may keep bears in contact. Meantime AN showing the same track movement!!! Trade Safe!!!
50-61.8 pot bounce+Uptrend Trade Safe
DXY slight recovery AUD job boosted China USA tariffs unleash on Monday? We have some rejection 4H candle printed. A flag broken to upside. Expecting go back to base and recovery above flag channel!!! A continuation of price will op long until trenline higher!!! Trade Safe
Good news from US counterparts through out the week putting pressure on dollar bidders!!! We had positive NZD GDP, Positive GBP Retails Sales and WTI crude gains. Sooner we have CAD CPI and Retail Sales A positive results is a backside stab on dollar !! Lower support channel could be tested!!! A negative results some recovery for dollar through next week FED...
Price broke the Bull Bear deciding channel to downside and came back to base!! Looking for a short opportunity back to pivotal Support. Trade Safe!!!
A large recovery is seen if GDT index prints good. NZ is a diary driven market. NZ GDP print also very important. Fed will hike around Sept 26. We have recovered support 3 Better the long side now??
A Large Recovery is seen if NZD GDT Price index is risen. NZ is a diary driven Market. NZD GDP fig also important. SNB dovishness to prevail?? Better is to get enter now and with tight stoploss lower the swing. We have recovered Support 3
Weekly: We have a breakout Daily: We may be at a supply zone and Uptrend higher boundary We have global trade war BOJ Rate and Monetary Policy ahead. They are problematic with their targeted 2.0 Inflation Target. Taper not yet? SNB Rate and Monetary Policy ahead. Keeping parking money rates @ -0.75 someone must be pissed off?? Fed will hike rates on Sept...
Weekly: We have a breakout on Larger TimeFrame. EU will be first to taper change rates? RBNZ has clear intentions to leave dovishnes until 2020? Shorter term we have NZD GDT index and NZD GDP very important key releases. A slight recovery is seen for NZD if they are good. Despite the ECB minutes scheduled!! SNB Dovishness to prevail?? Add pressure on DXY...
A negative bet on FED rate hike. !! Priced in move may drive higher IMO!!! Trade Safe: Previous Analysis: Some Levels and Zones