Hello Traders, I'm now short on AUDUSD and here is why: *Fundamentally, The "Risk Off" sentiment and the flee to the "Safe Heaven" assets is obvious in the market now because the fear of escalation in the Middle East conflicts, we see the Gold was sky rocket on Friday (+3.40%), the CHF is so strong as well. So this will keep the USD strong as a "Safe Heaven"...
Hello traders, I see a good short entry on EURUSD and here is why: * Fundamentally: The USD is strong, pushed with the US inflation numbers which are getting higher and the FED hawkish tone that they are going to keep the interest rates higher for longer and might have another rate hike. On the other hand, the ECB couldn't raise up the interest rate and have more...
Hello Traders, I see a good short entry on GBPUSD and here is why: * Fundamentally: The USD is strong, pushed with the US inflation numbers which are getting higher and the FED hawkish tone that they are going to keep the interest rates higher for longer and might have another rate hike. On the other hand, the BOE couldn't raise up the interest rate and have more...
Hello Traders, I got a short trade on NZDUSD and here is why: *Fundamentally: The USD is strong especially after the CPI and PPI releases this week, the inflation is high in the US and Fed most probably going to keep the interest rates high for longer. The economic numbers favor the USD more the NZD: - GDP Growth: (NZD: -0.1% / USD: 2.1) - Unemployment: (NZD:...
Hello Traders, I see a good bullish setup on the US100 and here is why: *Fundamentally, the numbers still show a strong US market. Although the USD is strong especially the CPI and PPI numbers this week but we didn't see a sell off in the US Market. I think the high inflation numbers gives a push up to the market. - GDP Growth : (USD: 2.1% / Previous: 2.4%) -...
Hello Traders, I see a good short opportunity on NZDCHF, and here is why: The Fundamentals: are favoring the CHF over the NZD: - GDP Growth: (NZD: -0.6% / CHF: 0.0%) - Inflation: (NZD: 6.7% / CHF: 2.9%) - Unemployment: (NZD: 3.4% / CHF: 2.0%) - Interest Rates: (NZD: 5.25% / CHF: 1.5%) The Sentiment: - COT Report: shows (44.4%) of future open contracts are long...
Last month I got two good short trade on AUDNZD, and now I see another good short entry. The Fundamentals still favor the NZD over the AUD, - GDP Growth: (AUD 0.5% / NZD: -0.6%) - Inflation: (AUD: 7.8% / NZD: 7.2%) - Unemployment: (AUD: 3.5% / NZD: 3.4%) - Interest Rates: (AUD: 3.60% / NZD: 5.25%) Inflation, unemployment and interest rate are better in New...
Hello Traders, *The Fundamentals: - GDP Growth: (CAD: -0.1% / CHF: 0.0%) - Inflation: (CAD: 5.9% / CHF: 3.4%) - Unemployment: (CAD: 5.0% / CHF: 2.1%) - Interest Rates: (CAD: 4.50% / CHF: 1.0%) The Fundamentals are slightly in the favor the CHF over the CAD with the unemployment and inflation numbers. *Sentiment: -COT Report: shows /42.0%%/ of the institutional...
The first short trade I took hit the stop loss but I'm still bearish on NZDUSD The Fundamentals favors the USD over the NZD: - GDP Growth: (NZD: -0.6% / USD: 2.6%) - Inflation: (NZD: 7.2% / USD: 6.4%) - Unemployment: (NZD: 3.4% / USD: 3.5%) - Interest Rates: (GBP: 4.75% / USD: 5.00%) Sentiment: -COT Report: shows /68.4%/ of the institutional open contracts are...
Hello Traders, *The Fundamentals: - GDP Growth: (USD: 2.7% / CAD: -0.1%) - Inflation: (USD: 6.0% / CAD: 5.9%) - Unemployment: (USD: 3.6% / CAD: 5.0%) - Interest Rates: (USD: 4.75% / CAD: 4.5%) The Fundamentals numbers are slightly in the favor of the USD. *Sentiment: -COT Report: shows /64.9%/ of the institutional Future open contracts are long on the USD, while...
The Fundamentals favors the USD over the NZD: - GDP Growth: (NZD: -0.6% / USD: 2.6%) - Inflation: (NZD: 7.2% / USD: 6.4%) - Unemployment: (NZD: 3.4% / USD: 3.5%) - Interest Rates: (GBP: 4.75% / USD: 5.00%) Sentiment: -COT Report: shows /68.4%/ of the institutional open contracts are long on the USD, while /30.3%/ are long on the NZD. This favors the USD over the...
Hello Traders, Last week Long trade went very well and I see another buy opportunity around here: *The Fundamentals: - GDP Growth: (USD: 2.6%) - Inflation: (USD: 6.4%) - Unemployment: (USD: 3.6%) - Interest Rates: (USD: 4.75%) GDP growth decreases. Inflation and unemployment is getting higher. The FED policy is increasing the interest rates to lower down the...
Hello Traders, Last week I took a short position on the AUDUSD before the CPI data release, the stop loss was tight so it got hit But I took another short position and I'm still in. I still like shorting the AUDUSD, and here is why: *The Fundamentals: - GDP Growth: (AUD 0.5% / USD: 2.7%) is higher in the US. - Inflation: (AUD: 7.8% / USD: 6.0%) is hotter in...
Hello Traders, *The Fundamentals: - GDP Growth: (USD: 2.6%) - Inflation: (USD: 6.4%) - Unemployment: (USD: 3.6%) is increasing in the US. - Interest Rates: (USD: 4.75%) GDP growth decreases. Inflation and unemployment is getting higher. The FED policy is increasing the interest rates to lower down the inflation but these going to increase the unemployment and...
Hello Traders, I really like shorting the AUDUSD before the US CPI release, and here is why: *The Fundamentals: - GDP Growth: (AUD 0.5% / USD: 2.7%) is higher in the US. - Inflation: (AUD: 7.8% / USD: 6.4%) is hotter in Australia than the US. - Unemployment: (AUD: 3.7% / NZD: 3.6%) - Interest Rates: (AUD: 3.60% / NZD: 4.75%) is higher in the US which is good for...
The Fundamentals still favor the NZD over the AUD, - GDP Growth: (AUD 0.5% / NZD: 2.0%) is higher in NEW Zealand which is better for the NZD. - Inflation: (AUD: 7.8% / NZD: 3.6%) is hotter in Australia than New Zealand. - Unemployment: (AUD: 3.5% / NZD: 3.4%) is lower in New Zealand which is better. - Interest Rates: (AUD: 3.60% / NZD: 4.25%) is higher in New...
Hello Traders, The EURJPY has a good long entry in my setup: *The fundamental numbers don't show any bias, the inflation and unemployment rates are higher in the Euro zone but the interest rates are lower in Japan: - GDP Growth: (EUR: 0.0% / JPY: 0.0%) - Inflation: (EUR: 8.6% / JPY: 4.0%) - Unemployment: (EUR: 6.6% / JPY: 2.5%) - Interest Rates: (EUR: 3.0% / JPY:...
The Fundamentals favors the USD over the GBP: - GDP Growth: (GBP: -0.3% / USD: 2.6%) is higher in the US which is better for the USD. - Inflation: (GBP: 10.1% / USD: 6.4%) is hotter in Britain than the US. - Unemployment: (GBP: 3.7% / USD: 3.4%) is lower in The US than Britain which is better for the USD. - Interest Rates: (GBP: 4.0% / USD: 4.75%) is higher in The...