UnknownUnicorn15400135

UnknownUnicorn15400135 Updated 

Powell and the Fed didnt really say anything new today. -> Selloff in USD expected Big players always leave their traces (volume). Looking a little bit back, this might actually be a large order block by smart money.

UnknownUnicorn15400135

Fundamentals: CPI data higher than expected but m/m down compared to previous time. Worse US PPI's and a bit better unemployment claims expected, so manipulation to the upside is likely. Intermarket: Oil and Copper up -> Risk on -> USDJPY shouldve been up as well -> Intermarket Divergence Sentiment: Retail is Increasing their Shorts -> Retail is usually wrong ->...

UnknownUnicorn15400135

Goldman predicts 85-100 USD/bbl and applying simple elliot wave theory confirms the long. This is quite late, but better late than never. We can also short USDCAD due Oil going back to 85 USD/bbl area. Retail Money is overall Long USDCAD and short Oil, so that's the confirmation from a sentiment standpoint. Retail Money (dumb money) is either too early or too...

UnknownUnicorn15400135 Updated 

Fundamentals: Japan Surging Inflation, Fed hikes already priced in to a maximum Technicals: b-shaped volume profile, suggesting we are in unfair price territory and Longs are leaving the market 1st Target at POC, 2nd Target Lower Edge of fair value.

UnknownUnicorn15400135

Basically, today we had way higher cpi data from uk than expected and worse than expected numbers from canada -> the market had to react to that, i hope big boys are accumulating longs now and we get another markup phase, if uk retail sales come in strong

UnknownUnicorn15400135

- BoC's Gov. Macklem: The BoC is getting closer to raising interest rates. (CAD strengthened) - ECB's President Lagarde believes that the prerequisites for a rate hike are unlikely to be met by 2022. - ECB's President Lagarde: Inflation will continue to moderate in the coming year, although it will take longer to fall than previously...

UnknownUnicorn15400135

Analysis for Wti Crude Oil, of course, I can't know what Price will do, cuz I dont know how numbers and news will be.

UnknownUnicorn15400135

will see if I can short another AUD cross on tuesday, but this should be fine, too. Cannot explain this, too tired, gonna head off to bed. Just wanted to show this before sleeping :)

UnknownUnicorn15400135

Just trying something out that I already showed on the EUR/GBP chart.

UnknownUnicorn15400135

let me know what you think of this. First time, I am trying something like this

UnknownUnicorn15400135

RBA sees first rate hike in 2024 and if inflation & wage growth are higher than expected, it sees the first rate hike in 2023. As we know, the RBNZ has already hiked Rates and is likely to continue doing so, I therefore see further downside in this pair. I'll update you on Tuesday, after RBA Monetary Policy Meetings have come out.

UnknownUnicorn15400135

We tested upper edge of market profile, got rejected, so i am looking for a return to lower edge of value.

UnknownUnicorn15400135 Updated 

some technical stuff, just high volume price reactions -> significant price niveaus

UnknownUnicorn15400135 Updated 

I am bullish on Gold and waiting for US UoM Consumer Confidence for possible Sell Off in Gold (If Number is very good!).

UnknownUnicorn15400135

For those still in the short, watch the red box :)

UnknownUnicorn15400135 Updated 

PPI numbers in NY session might bring us some manipulation to the upside, which we can use for shorting again. Basically same idea as on EURUSD.

UnknownUnicorn15400135

In my previous analysis i pointed out that we will definitely break out of the consolidation to the upside and then reverse at 84,5 - 85 area. However, this move seems way to bullish to get rejected from that price again. Let's see what asia does later, either we will have reaccumulation or a distribution in london session. If we see distribution than my short...

UnknownUnicorn15400135

Better Us numbers expected, if they come better -> short EurUsd from first line, if they come worse -> short from the second line, because FED is still more hawkish than ECB and the numbers today won't change that. Have a great trading day, everybody!