DaveBrascoFX

DaveBrascoFX Updated 

USD/CHF has slipped strongly as investors have shrugged-off uncertainty associated with the Fed interest rate outlook. Investors have shrugged-off uncertainty associated with the hawkish interest rate outlook from Fed policymakers. SNB Maechler commented that further hikes in interest rates cannot be ruled out. The USD/CHF pair has witnessed an intense sell-off,...

DaveBrascoFX Updated 

Turkish lira fell to new marginally lower record low in early Wednesday, as Turkish June inflation data sparked fresh weakness of the currency. Monthly inflation rose by 3.9% in June, below 4.8% consensus and annualized figure was also below expectations (38.2% in June vs 39.4% f/c), while consumer prices were slightly below previous month’s figure (June PPI...

DaveBrascoFX Updated 

Turkish lira fell to new marginally lower record low in early Wednesday, as Turkish June inflation data sparked fresh weakness of the currency. Monthly inflation rose by 3.9% in June, below 4.8% consensus and annualized figure was also below expectations (38.2% in June vs 39.4% f/c), while consumer prices were slightly below previous month’s figure (June PPI...

DaveBrascoFX Updated 

TRY is one of further depreciation and new all-time lows Lira depreciation to stay, and risks still tilted to the downside trend trading trend is bullish Just trade the trend!

DaveBrascoFX Updated 

Turkish lira fell to new marginally lower record low in early Wednesday, as Turkish June inflation data sparked fresh weakness of the currency. Monthly inflation rose by 3.9% in June, below 4.8% consensus and annualized figure was also below expectations (38.2% in June vs 39.4% f/c), while consumer prices were slightly below previous month’s figure (June PPI...

DaveBrascoFX Updated 

Strategy Bullish Higher Highs Higher Lows Retracement (18%) Price above Quartely VWAP Price above Decade VWAP Volatility Bullish Maket Sentiment 92% Bullish Yearly Trend Bullish Quartely Trend Bullish Monthly Bullish Daily Bullish 4H Bullish 2H Bullish 1H Bullish 30 min. Bullish Portfolio Strategy: Volatility/Risk(Per Trade) Position Sizing Risk Management 2:...

DaveBrascoFX Updated 

Strategy Bullish Higher Highs Higher Lows Retracement (13%) Price above Quartely VWAP Price above Decade VWAP Volatility Bullish Maket Sentiment 92% Bullish Yearly Trend Bullish Quartely Trend Bullish Monthly Bullish Daily Bullish 4H Bullish 2H Bullish 1H Bullish 30 min. Bullish Portfolio Strategy: Volatility/Risk(Per Trade) Position Sizing Risk Management 2:...

DaveBrascoFX Updated 

Since the United States’ 2018 withdrawal from the Join Comprehensive Plan of Action (JCPOA), it has become clear that Iran’s economic woes—especially its currency devaluation—are strongly correlated with key political and geopolitical events. The volatility in the exchange rate and Iran’s currency depreciation are signs of an unhealthy economy. The enormous...

DaveBrascoFX Updated 

Strategy Bullish Higher Highs Higher Lows Retracement (10%) Price above Quartely VWAP Price above Decade VWAP Volatility Bullish Maket Sentiment 98% Bullish Yearly Trend Bullish Quartely Trend Bullish Monthly Bullish Daily Bullish 4H Bullish 2H Bullish 1H Bullish 30 min. Bullish Portfolio Strategy: Volatility/Risk(Per Trade) Position Sizing Risk Management 2:...

DaveBrascoFX Updated 

Strategy Bullish Higher Highs Higher Lows Retracement (10%) Price above Quartely VWAP Price above Decade VWAP Volatility Bullish Maket Sentiment 98% Bullish Yearly Trend Bullish Quartely Trend Bullish Monthly Bullish Daily Bullish 4H Bullish 2H Bullish 1H Bullish 30 min. Bullish Portfolio Strategy: Volatility/Risk(Per Trade) Position Sizing Risk Management 2:...

DaveBrascoFX Updated 

Strategy Bullish Higher Highs Higher Lows Retracement (10%) Price above Quartely VWAP Price above Decade VWAP Volatility Bullish Maket Sentiment 98% Bullish Yearly Trend Bullish Quartely Trend Bullish Monthly Bullish Daily Bullish 4H Bullish 2H Bullish 1H Bullish 30 min. Bullish Portfolio Strategy: Volatility/Risk(Per Trade) Position Sizing Risk Management 2:...

DaveBrascoFX Updated 

Strategy Bullish Higher Highs Higher Lows Retracement (10%) Price above Quartely VWAP Price above Decade VWAP Volatility Bullish Maket Sentiment 98% Bullish Yearly Trend Bullish Quartely Trend Bullish Monthly Bullish Daily Bullish 4H Bullish 2H Bullish 1H Bullish 30 min. Bullish Portfolio Strategy: Volatility/Risk(Per Trade) Position Sizing Risk Management 2:...

DaveBrascoFX Updated 

Strategy Bullish Higher Highs Higher Lows Retracement (13%) Price above Quartely VWAP Price above Decade VWAP Volatility Bullish Maket Sentiment 96% Bullish Yearly Trend Bullish Quartely Trend Bullish Monthly Bullish Daily Bullish 4H Bullish 2H Bullish 1H Bullish 30 min. Bullish Portfolio Strategy: Volatility/Risk(Per Trade) Position Sizing Risk Management 2:...

DaveBrascoFX Updated 

Strategy bearish lower Highs lower Lows Retracement (10%) Price below Quartely VWAP Price below Decade VWAP Volatility bearish Maket Sentiment 98% bearish Yearly Trend bearish Quartely Trend bearish Monthly bearish Daily bearish 4H bearish 2H bearish 1H bearish 30 min. bearish Portfolio Strategy: Volatility/Risk(Per Trade) Position Sizing Risk Management 2:...

DaveBrascoFX Updated 

1 Apart from the Japan intervention, US Treasury bond yields renew fears of recession and also weigh on the risk-barometer pair, not to forget the recently softer US data. However, the Bank of Japan’s (BoJ) defense of easy-money policy joins the recently softer Japan statistics to propel the JPY pairs 2 Trend is bearish 3 Bonds:Going down

DaveBrascoFX Updated 

USDARS BULLISH SINCE YEARS See the chart The Argentine peso has had a tumultuous life. In the 1980s it was temporarily dethroned by a new currency called the austral. An arranged marriage with the dollar in 1991 produced some years of bliss but ended in a ruinous divorce. More recently, the peso has suffered the humiliation of being tagged the worst-performing...

DaveBrascoFX Updated 

Treasury yields decline. USD/JPY will remain extremely sensitive to Treasury yield dynamics due to the ultra-dovish policy of the BoJ. Trend strong bullish

DaveBrascoFX Updated 

Strategy bullish trend trading proper money and risk management Fundamntals and Technicals: Both on the sides of the GBP!