GLACENTFX

GLACENTFX

Short EURUSD. Reasons; 1. Fundamentals point to USD being Stronger

GLACENTFX

Buy CADJPY at 78.20 follow for more trades

GLACENTFX

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GLACENTFX

reasons.. Neckline of monthly timeframe dating 2008-2010 fundamentally; USD will strengthen as the stimulus bill has issue being approved

GLACENTFX

stimulus package has been postponed due to arguements btwn democrats and republicans this has resulted in a risk off by banks who were previously short the USD, they have decreased their positions based on COT report(commitment of traders) this will lead to strengthening of usd till 30/10/2020 which is the first voting of the senate for the stimulus bill.. follow...

GLACENTFX

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GLACENTFX

this is only a suggestion

GLACENTFX

USDCHF has a 87% correlation with DXY index.. DXY is 57% weighted against EUR,, with the EUR benchmark decision today. And most expectation being that it will remain unchanged + powell speech promising to let inflation ride above 2%. All that point out to a potentially weaker dollar. on the DXY chart we can also see that the 2018 daily chart pattern neckline...

GLACENTFX

Sweden’s government is embarking on an historic spending spree as it acknowledges there’s now less scope to look to the central bank to provide crisis support. Gross domestic product is expected to shrink 4.6% this year, compared to the 6% contraction seen in June. ALSO OVER THE WEEKEND IN SEK: they had riots in Sweden After Koran Burning by Far-Right...

GLACENTFX

REASONS FOR SELL: fundamentally; try is increasing its forex reserves

GLACENTFX

reasons AUD is having a bond sell worth $3 billion, expecting deflationary reaction causing a rally upwards.

GLACENTFX

Thailand introduced quantitative easing. expect it to weaken hence long USD against THB. Quantitative easing is M2/Money printing.. Interpretation: more money is printed the more it is in supply hence loosing its value ie(the case of Zimbabwe).. Less it is printed the more it is in demand hence increasing value ie(the case of Switzerland)

GLACENTFX

Reasons. macro strength AUD=8, JPY= -15 Meaning aud is stronger than jpy so long AUDJPY, Technicals; double bottom

GLACENTFX

COT DATA; HEDGE FUNDS POSITIONS; 70% OF HEDGE FUNDS ARE NET LONG EUR, 63% ARE NET SHORT CAD. MORE INFO SEARCH (GLACENT FX) ON TELEGRAM

GLACENTFX

Relative wealth of S&P/ASX200 shows Australian are getting wealthier since GOV interference on 20/3/2020.. current DIFF at 33.52%. (a countries stock market measures the relative wealth of the people, As stocks are mainly run by pension & retirement funds; Which carry a lot of the countries wealth). On Cot reports (hedge funds positions) Banks are having a flip...

GLACENTFX

Explanation 1.Cot data GBP, 70% of hedge funds are short, CHF, 68% of traders are long. 2.GBPUSD futures and OTC data shows 45% are short while 55% are long. Showing markets will continue falling. 3.GBP main export is cars, well from XXX data it shows the automotive industry is crashing due to unemployment factor..CHf main export is Pharmaceutical products with...

GLACENTFX

USD The yield on the US 10-year Treasury note fell for the second session to 0.664% on Thursday, its lowest level on a closing basis since June 11th, after the US recorded more than 45.5 thousand coronavirus infections on Wednesday, the highest on record according to NBC. The IMF expects the US economy to shrink 8% in 2020, compared to a 5.9% contraction estimated...

GLACENTFX Updated 

reasons; 1.usd index cot reports shows an increase in traders long positions signifying strengthening of The dollar. however NZD cot indicated a balance between sellers and buyers 2. New Zealand’s economy contracted 1.6 percent on quarter in the three months to March 2020 compared to market expectations of a 1 percent contraction, shrinking the most in 19...