Pipphenes
EURCHF Potential Short Opportunity Keep an eye on this pair, we can also see it breaking to the upside rapidly.
Treat this as an H4 trade, multiple take profits, exit early.
SXY = CHF looks like it will return bullish very soon.
EXY = EUR looks like it could also gain strength.
Go Small!
Keeping an eye on EURCHF potential short Self-explanatory.
Keeping an eye on this pair depending on H1, H4, and D price action.
Watch the daily candle
SXY - CHF - Strength Coming Soon?We expect to see CHF continue its pattern.
CHF should see significant and reliable strength starting late this week.
CHF/XXX = / bullish
XXX/CHF =\ bearish
*Generally, (XXX) matters just as much!
Also as we see AUD, USD, CAD, potentially GBP weakness
CHF and these pairs would make good potential trades.
Next few weeks:
Bullish: CHF, JXY (JPY)(LongTerm), potentially ZXY (NZD)
Bearish: USD, AUD, CAD (LongTerm), JPY (ShortTerm), EXY (EUR -will have to wait and see), and Potentially GBP
So...
Knowing the above, potential pairs to look at over the next 3-11 days :
Shorts:
AUD/CHF short
EUR/CHF short
USD/CHF short
GBP/CHF short (not confirmed w/ gbp)
CAD/CHF short (long term due to cxy)
Longs:
CHF/JPY short term long trade (E = 110.7 area)
Hope this makes sense!
KISS = Keep it stupid simple.
BXY - GBP - Avoiding Until Confirmation on Direction BiasAvoiding GBP if possible due to all the uncertainty.
Going to keep a close eye on BXY to hopefully get a sense of direction bias.
CXY - CAD Long Term Weakness Continued?Expecting CXY to continue its long term weak trend.
CAD/XXX = \bearish
XXX/CAD = /bullish
*Generally, XXX matters just as much!
AXY - AUD Weakness Expected? Sorry for the mess of a chart.
We are expecting AUD weakness over the next few weeks.
AUD/XXX = \ bearish
XXX/AUD = / bullish
*Generally, (XXX) matters just as much!
DXY Expecting More Downside?Expecting DXY to have continued weakness.
This will be helpful to know for all USD pairs.
Remember: Think of pairs as a teeter-totter (Weakness:LightWeight) & (Strength:HeavyWeight)
USD/XXX = \ bearish movement
XXX/USD = / bullish movement
*Generally speaking the XXX side matters just as much*
EURJPY Potential Short 6.5/10 Setup Considering shorting EJ with a small lot and tight SL
EXY still has some uncertainty on direction. However, JXY should see a very short term bullish move followed by some bearish days then followed by big bullish moves.
Worth giving it a gamble.
Not the ideal trade but can keep a very tight stop.
Also R:R is good.
USDCHF H4 & Daily Possible Short Opportunity USDCHF has been one of our favorite pairs to trade over the last few months.
With USD losing Strength and CHF Weakness followed by solid Strength
Points us to a short opportunity especially on the 4 hour.
EURCHF Potential Short Coming UpWe see a short opportunity coming up this week for EURCHF however the individual currencies make it unclear at this time.
EXY has no clear direction ATM however we are Bullish Bias
CHF has another week or so of weakness before Bullish Price Action.
Lets see how this plays out
US02Y 2 Year Yield - History Repeats Itself2YY is falling after a retest of the multi-decade trend. This will be the fourth time in history.
These are followed by a major bear market and recession.
EURUSD Long SoonBuy EURUSD later today.
EXY Strength
DXY Weakness
Perfect storm for EU to have some bullish price action.
