AssimMahmood

AssimMahmood Updated 

This move feels very exhausted, i anticipate a top soon. Will add the the position as and if it goes higher

AssimMahmood Updated 

Will 150 be the cap for USDJPY? previous unconfirmed intervention just above 150. By the looks of it the market will again test 150 and i have started my short positions and looking to add all the way in to the 150 area.

AssimMahmood Updated 

The time has come to be short CHFJPY With inflation numbers in Switzerland now below target and In Japan above target this pair seems completely mis priced. Expecting SNB to stop raising rate. With Boj we do expect some changes in YCC in the next couple of months. These 2 pairs are low yielding pairs, yet the pair is behaving high yield vs low yield. This is not...

AssimMahmood Updated 

Shorting FTSE, Seems still to be a lot of dip buying mentality go slow

AssimMahmood Updated 

Massive area on monthly chart for the KIWI 50% fib retracement 200 Monthly moving average May extend towards 0.7220 so will split up risk ..

AssimMahmood Updated 

After closing my earlier short on the eurusd for around 30 ticks, I am getting ready to start a fresh short., We are hitting the 76.4 fib retracement on the weekly chart from 2.11.18. Also there is a level here at 1.2090 and daily fib extension 161.8 target 1.2115 The plan is short 1/2 of my normal trade size at 1.2090 and keep 1/2 to short if we have any stop...

AssimMahmood

Coming up to an interesting area on the DXY. USD has been weak and maybe just maybe this might be the area that may provide some relief. There is a technical level and also 50% fib retracement. It would be good to see a close above 91.0

AssimMahmood Updated 

short eurusd 1.2070 adding in around 1.2090 will work a stop later. Big daily move 1.2% i think this could relax a bit in this 20 pip area. 261.8 FIB extension at 1.2075 has been hit

AssimMahmood Updated 

TECHNICALS: 0.7030-0.7065 Area is good for selling with a strong level in around 0.7055/0.7065. Also we have the 76.4 retracement. USD beaten up badly recently. DXY in an important area 0.9145-.9177. FUNDAMENTALS: Market has priced out negative rates. Seasonally NZD strong end nov/dec. Fundamentals NOT favouring NZD short Mean reversion trade Starting my...

AssimMahmood Updated 

In keeping with my CAD short bias for 2020 i have sold some CADJPY here. For me there is a level here at 83.80 plus the 50% fibo. I will start lightly in to this trade as there will be some optimisim in the market following the de escalation with iran. However, let's not forget we have yet to hear the reasoning behing the aircraft that crashed in Iran. Iran are...

AssimMahmood Updated 

Techincal overload here. This is how i like my technical trades when more than 1 techincal indicator lines up. The 1.1060-1.070 area has a level + daily trend line + 100 dma + 50% fibo + bottom of the bollinger band (which of course should not be used as resistance but price does expect to slow around here ) Obvioulsy NFP today so start in small I am setting...

AssimMahmood Updated 

My first long term trade of 2020. I mentioned in a previous analysis on my preference of selling CAD (being short the CAD will be a bias for me for 2020. Almost all major central banks had a dovish stance in 2019 with the exception of BOC . Now the data has started to worsen, big miss on employment weaker retail sales and lower gdp, some of the reason i would like...

AssimMahmood Updated 

Big area here for the AUDNZD. Level at 1.0320 which coincides with the the huge daily trendline. Just over shooting the big 76.4% fibo. Nice area to be long

AssimMahmood Updated 

Being short the CAD will be a bias for me for 2020. Almost all major central banks had a dovish stance in 2019 with the exception of BOC. Now the data has started to worsen, big miss on employment weaker retail sales and lower gdp, some of the reason i would like to try to be short before the next BOC rate decision and hopefully try to pre empt the move. Now the...

AssimMahmood Updated 

Long usdchf anywehre between 0.9660/.9670 huge level in at 0.9660

AssimMahmood Updated 

Impressive run in the kiwi over the past month. .6720/25 is a big area. Key level and 38.2% fib. We also have the 100 wma average come in at 0.6728. So im expecting a correction in around this area (0.6720-.6730) Things to consider: 151m option expiry at 0.6740 at NY CUT and 1445 Chicago PMI . WHEN AND IF setting stops