USDJPY present good sell opportunity on D1 time-frame after possible end of upward corrective wave RE-new of downtrend is near for USDJPY , pay close attention to price action for sell position
EUR INDEX is in down trend, but this week we might get a corrective structure to the upside watch price action for buy position
DXY approaching Fibonacci golden ratio and Fed Chair Powell Testifies this could be good opportunity to open sell watch price action to open sell postion
CHFJPY pair reached 110.000 resistance line, accompanied by stochastic entering the overbought areas, which supports the chances of bouncing bearish in the upcoming sessions, chfjpy on monthly and weekly and time-frame trend still show bear are in control.
At this point, the 141,000 zone provides selling opportunities but momentum is needed
Analysts are suggesting that safe heaven currencies are unlikely to make any significant moves unless there is a big geopolitical spark and more monetary tight. U.S. equities fell from record highs Thursday after fresh concerns emerged over the likelihood of a trade deal with China, a factor that could continue to support safe heaven currencies like CHF and JPY.
The main trend is down according to the daily swing chart, however, momentum is clearly to the upside. A trade through 0.81400 will change the main trend to down.
Issues related to Brexit, the China and U.S. traded dispute, Iran, North Korea, and U.S. domestic political friction all are proving to be supportive of safe heaven. In addition there is slowing global growth, causing an increasing number of investors to move toward safe haven assets
the current trade war between the United States and China which has been shaping CHF bullish sentiment for quite,The trade war has had the net effect of slowing global economic growth, and in turn that slow economic growth is forcing the hand of central banks worldwide as they return to a much more monetary policy by lowering interest rates, and adding liquidity...
109.500 best place to open sell
Weakening global growth, high risk aversion and low interest rates should keep prices of GOLD elevated.
Focus is turning to the monetary policy meeting of the European Central Bank on Thursday, at which time the ECB is expected to only very slightly cut interest rates,Analyst are expecting EUR/USD to the upside move before pushing further into negative territory . The Federal Reserve meets next week and is expected to cut U.S. interest rates by 0.25%.
USDCAD fresh monthly lows following the Bank of Canada (BoC) meeting but On the Crude front, the API Weekly Crude Oil Stock data computed since August 30 might act as a robust oil-catalyst event. This data had recorded -11.1 million, previous time.
The bearish momentum is strong for EUR/USD despite Data supports massive stimulus in the EU.
BTC/USD chart prices are starting to break lower despite good news like the Telegram story does not inspire a price rally, Even though Bakkt has set the launching of Bitcoin futures on September 23, the crypto community ignored this news.
dollar index had every opportunity to break lower e.g we had FED cutting rate ,ECB cut rates about everybody cutting rates everybody said dollar will collapse in that environment but it didn't, we have see pause in trade issues but that didn't cause the dollar to go lower, i cant see anything that will going to make dollar go lower than present range of 96.00.
CHF could depreciate against the US Dollar within the following trading hours. But it is unlikely, that the price for USDCHF could rise more than 0.98200 mark due to the Risk Sentiment Hit As China Hikes Tariffs On US Goods, which makes safe heaven currency to gain strength.
-The intensifying trade war between the US and China has rescued the euro from falling into the abyss -Falling yields reflect higher chances of the Fed cutting interest rates and weakened the dollar against the euro