The Euro traded higher around $1.185 on Friday, not far from the highest since September 16th of $1.188 touched earlier in the week. Waiting on sentiment to shift before making sell entries.
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The CBOE Market Volatility index (VIX) rose for the eighth time in nine sessions, and was last up 2.8%. SPY500 SENTIMENT IS PUSHING SPY HIGHER. TREND FOLLOWING IS KEY.. WINNING ATTITUDE...
Risk sentiment dented as U.S. stimulus talks drag on Caution sets in ahead of much awaited Trump-Biden debate later Thursday AUD rallies likely to be limited as RBA dovish expectations entrenched AU-U.S. 10-year bond yield differential hovers nears parity, weighing on AUD Support 0.7075-80, 0.7045-50, 0.7010-20, resistance 0.7110-15, 0.7135-40
The USD/CHF pair maintained its bid tone through the first half of the European session and was last seen trading near the top end of its daily range, around the 0.9070-75 region. A 4HR Candle to hold above 0.90825 would invalidate the trade to further downside potential, I would remain bearish based on the trend, and none political factors. Price Action and Trend...
1.3177 was Wednesday's six-week peak, on news EU-UK trade talks to resume BoE not poised to deploy negative rates, Haldane says Swathe of UK hospitality firms see risk of insolvency: ONS
Looks the Monthly Pivot Will get retested.
#EURJPY SSI is at -1.46 Risk Warning: Losses can exceed deposits.
“EUR/JPY rebounded further on Tuesday after essentially holding above the potential uptrend from May earlier in the week. We stay biased towards further ranging
The Big Picture @ Demand Level. Potential Long Position. Trend has been bearish for the last Month. Bullish engulfing candle set up on 2hr TF Monthly Pivot 96.07 Supply Level. Critical Zone. Leave a like or Comment your views
Watch for the break above the trend line, possible bullish impulse in the coming weeks... Dollars been on the bear side, but the Bulls got something to prove. Always wait for your confirmation... Happy Trading.
Monthly Summary is Strong Buy Pivot point 111.400 Keep close eye on price action Market open 114.10 Last week we seen a strong bullish impulse Should see consolidation period Im still long until the strong resistance handle of 115.500 pay close attention to your confirmation and confluence signals.
Consolidation needs do break to the upside before entry. Above the trend line..
Descending Channel Dollar index... Overall bears.. Short term bullish for the week..
Looking for a bearish Cross MA 50 and the 200 connection. 15m TF. Triple Top on Daily TF. 4hr TF Rising triangle. Waiting on the short confirmation by Tuesday.. Make sure to check the calendar for support fundamentals. #Short Any thoughts leave a comment. Thanks..
*** Monthly Technical Analysis Strong Sell*** *** Short Term Buy To Daily Resistance Level*** *** SMA 200 Sell @ Monthly Resistance Level*** *** 4hr Time Frame Technical indicators suggest short Buy*** ***Fed raises rates by 0.25%, maintains outlook of three hikes for 2017*** *** US Dollar Index 97.16-0.34 (-0.35%) Pass Week Sentiment Bullish*** www.investing.com
Lets See, more update by Tuesday..