FED DOVISH TONE PRICED IN...WHAT WILL HAPPEN TO THE USD?In this video update, we discuss the two scenarios ahead of this meeting and what could
happen if the Fed discuss further cuts in the future or if they downplay the need to cut rates going forward.
Inflationary data suggest a cut is likely but will FED chair Powell want to open the flood gates for the USD bears.
We are not so sure...
Blueberrymarkets
VIDEO ANALYSIS: NZDCAD SWING TRADING OPPORTUNITYIn this video, we take a look at NZDCAD as price rejects the key demand zone.
NZDUSD is currently at support and despite the recent USD strength is holding at the level.
USDCAD is trading back above 1.3400 highlighting the weakness in the Canadian dollar.
Looking to this chart we could see a swing trading opportunity from the current levels
to the key resistance.
VIDEO ANALYSIS: SWISS FRANC TRADING OPPORTUNITIESIn this video, we highlight the potential reversal to come to the Swiss Franc and what
we need to see in order to execute our bias. The Swiss Franc has been the strongest
currency of late however a large majority of the CHF pairs are at key demand zones.
The CoT Report shows long contracts decreasing and short contracts increasing.
This could lead to a reversal.
VIDEO ANALYSIS: EURAUD TO FALL AGAIN?In this video update, we take a look at EURAUD as the price approaches a key resistance level.
Previously in the past, the market has sold off aggressively here as sellers re-emerge above the
1.6330 level. If price prints a daily bearish close we can look for short opportunities here.
VIDEO ANALYSIS: AUDCHF SWING TRADING OPPORTUNITYIn this video update, we take a look at AUDCHF as the price is back at a key demand zone.
The 4hr timeframe is highlighting a potential double bottom pattern forming. If the price
forms a higher high, the pattern will be complete and we could expect the market to
move higher.
VIDEO ANALYSIS: USDCAD BREAKS LONG TERM WEDGEIn this video update, we take a look at USDCAD as the price has broken through longer-term trendline support.
Recently we saw USD weakness come into play and the Canadian Dollar benefitted massively. We expect this
decline to continue and a re-test of 1.3300 will be ideal in order to look for further shorting opportunities.
NZDUSD 0.6700 BY THE END OF THE WEEKIn this video update, we take a look at NZDUSD as we expect the price to test the 0.6700 resistance.
The CoT reports highlighted an increase in long contracts this week showing us the commercials are happy
to buy at these levels. The 4hr timeframe has highlighted a minor demand zone around 0.6600 where the
price could find buyers.
WHAT TO EXPECT FROM NON-FARM PAYROLLIn this video update, we take a look at the USD Index ahead of the non-farm payroll announcement.
If we see the average hourly wages increase and jobs stay around 180-200k a rise back into the
lows of 97.50.
A shortfall here will see the USD sell-off continue and a break below the weekly lows will bring
a long term slump to the USD.
VIDEO ANALYSIS: XAGUSD TO $16.00In this video update, we break down why we looked for Silver longs in our telegram group.
Price has formed a higher high on the daily chart after breaking through trendline resistance.
The CoT reports show commercials buying around these prices indicating a potential reversal.
VIDEO ANALYSIS: NZDUSD TRADE UPDATE AND POSSIBLE ADD IN TRADESIn this video update, we are taking a look at NZDUSD as the price is breaking into new highs on the daily
timeframe. Now that price is breaking higher we can look for potential add in trades on the lower timeframes.
We already hold a position on the daily timeframe from the initial bullish engulfing candle. We are expecting
price to test the April highs around 0.6700.
VIDEO ANALYSIS: CADJPY IS THE ONE TO WATCHIn this video update, we take a look at CADJPY as the price has found support at the weekly demand zone.
We have been looking for JPY weakness for a while and with the stock markets finding some relief
a sell-off in JPY was likely. On the 4hr timeframe, CADJPY needs to break the highs. If this was to happen
then we could expect to see the price increase further.
VIDEO ANALYSIS: GBPJPY TO MOVE HIGHER?In this video update, we take a look at GBPJPY as price enters the key demand zone.
The recent CoT reports show that the speculators have increased their longs at this area
which could show us a sign of a reversal. Typically speculators are wrong in the market
and a switch in sentiment increases when they add large positions. Wait for the
daily close to offer significant reversal opportunities.
VIDEO ANALYSIS: EURUSD BOUNCES...In this video update, we take a look at EURUSD as price reacts from the key lows yet again.
This is due to a sell-off in the USD as the USD index reacts from the weekly highs. This
current price action suggests we could be forming a double bottom pattern.
If the daily candle does close bullish look for short-term long positions into the trendline resistance.
VIDEO ANALYSIS: SILVER BACK TO $14.16In this video update, we take a look at Silver as price consolidates after a significant drop.
The commodity didn't hold at the key support zone of 14.90 and has continued to push lower.
The next demand zone sits at 14.16 and could be where Silver moves too. Looking to the
4hr timeframe we have a couple of opportunities if price can retrace back to the lows
or break out of the current consolidation.
VIDEO ANALYSIS: BRENT CRUDE OIL LONG TRADEIn this video update, we take a look at a swing trading opportunity on Brent Crude Oil.
The Weekly chart suggests we should be looking to buy the commodity with resistance
back up at the weekly highs of 76.00. The 4hr timeframe has re-tested highs and if price
forms a bullish breakout of the CTL we can look for long trades.
VIDEO ANALYSIS: LOOK TO SELL JPYIn this video update, we take a look at JPY and our current position on USDJPY.
The weekly chart formed a bullish pin candle after failing to close below the weekly lows.
This suggests that we can see JPY weakness. Looking across the other JPY pairs
CADJPY and NZDJPY are the currency pairs we want to look for opportunities.
VIDEO ANALYSIS: USDCHF SHORT UPDATEIn this video update, we take a look at USDCHF as we are anticipating the market to fall further.
The CoT signal remains and we could see further buying of Swiss Francs. USDCHF has retraced to the
61.8 Fib and rejected. This could offer us a short opportunity to the key demand zone.
VIDEO ANALYSIS: USD BREAKS...HIGHERIn this video update, we take a look at the USD Index again as it shows prices
breaking higher. We expected a break of $97.00 however this hasn't happened
as we highlighted in the previous video that the USD was being used as a safe haven.
If the price remains above the key zone we expect the USD to at least test the current weekly highs.
VIDEO ANALYSIS: USDJPY TO BREAK HIGHER?In this video update, we take a look at USDJPY as price looks to be finding support at the key demand zone.
The US Stock markets also finding support shows a potential shift to a risk on market. This should see the
sell-off in JPY and a change in cycle on the 4hr timeframe. A close above 110.00 will be ideal for long
opportunities to 111.00.