waiting for a daily close below the green line to short . otherwise buys are in play
rsi macd , moving averages down wards indications
today is the feds day , with the new trade regulations and metal industry under pressure , its expected that the minutes will hint towards some relief for investors , tech sector crash and building up debts still remain a huge concern for the US, the inflation rate is also the big concerning point for the feds as the dollar was unable to reach the target values...
bitcoin has broken some important support levels , the next expected move is to see the quarterly lows again ,fears on sanctions in china , cutting of funding of chinese investors through hong kong and money moving into gold to hold it around 1300 are some of the reasons putting btc in a bear trend now ,Also the crash from 18000 to 6000 has definitely scared away...
gbpcad has seen a long term uptrend with oil prices holding and us data effecting the moves , dont see this holding up this trend for long with rise in over bought region and gbp decision of interests coming , as i am considering this year to be good for pound i will be looking to enter into buys after i see a correction move on this pair
There exists still lots of roam for this pair to fall , the Inflation data set this pair to what i think will be the highest we will see eurusd for this quarter , with trade regulations and other important decisions done i see dollar gaining strength as the unemployment rates continue to grow better and trumph keeping quiet for a bit ,euro on other hand will be...
With the pound rate decision coming up next week i see Eurgbp staying in current range and holding up the support levels , how ever the after effects of the policy decision may through this pair down for good as British economy shows some good growth indicators ,However All pound pairs are due for a big correction so the rate decision might be the trigger point...