In today’s #marketinsights video recording, I talk about FX Minors AUDCHF and USDMXN as they both seem to be moving down impulsively. Added uncertainty amid the latest trade delay, and poor Chinese activity and Australian employment data all add pressure on the Aussie. Mexican peso, on the other hand, weakened yesterday following Banxico's decision to cut rates!...
In this video update, we take a look at AUDJPY as the weekly timeframe suggests we could see a move lower back to key support. When the market continues to close within a previous week's range we typically see a move in the opposite direction. Also, the RSI indicator highlights a potential resistance area where price could move lower from.
Anticipating another push down and watching price action around 1.5900 for break or bounce
In this video update, we take a look at AUDCAD as the price forms a bullish rejection of the demand zone on the monthly timeframe. We break down the timeframe in order to look for a long opportunity on the 4hr timeframe.
EURAUD could move higher to complete minor wave 2 above 1.6800 levels. Before continuing higher, it is necessary to complete the minute correction that started at 1.6800 top. With a low at 1.618% FE at 1.5900 round level, which is also a double bottom level, the correction could have either ended as a single zigzag or has another bearish leg down between...
European opening call. Trade ideas and themes at European open
Trade ideas for the day/week ahead published everyday at European open
In this video update, we take a look at our chart to watch this week in AUDJPY. Fundamentals: Trade talks between the US and China have been positive suggesting a move to a risk on market with safe havens selling. The BOJ is talking of moving rates further into the negative in a bid to devalue the JPY. Technicals: The monthly timeframe is bullish bouncing from...
This is a good one. Especially the end of the video. AUD/JPY looks to be the best JPY pair to trade right now. Watch this one closely this week. I will keep you updated!
In today's #marketinsights video recording I analyse #gbpchf and #audjpy minors! Both pairs are showing an identical pattern and are indeed influenced by: AUDJPY - Tradewar tensions but latest from positive developments on the back of a potential partial deal Chinese are willing to do - Positive Home Loans in AU and negative BoJ Corporate Goods Price Index...
Daily trading ideas and themes from the European open
Trade ideas for the day based on the news and charts at the European open .
The AUDJPY is in a prime position to hold a higher low and push up to start the squeeze on recent sellers