Lifestudent38

Lifestudent38

Upbeat CHF Retail Sales and PMI sustaining CHF Bullish momentum against the greenback to test 1.0000 level. Should GDP indicate positive growth then USDCHF likely to break below 1.0000 aiming at 0.9900 - 0.9800 region

Lifestudent38

Eurozone Data and especially German data continues to show signs of economic recovery in the Eurozone, however political risks of the upcoming Italian elections amidst a stronger Greenback will send this pair down to test 1.0500 support and possibly breakout to 1.0400 levels

Lifestudent38

AUDUSD Pair set for sell-off to 0.7300 support level on overall Aussie bearish sentiment as Private Capital Expenditures and Building Approvals drop whilst US Data drive the Dollar to new highs.

Lifestudent38

NZDUSD Pair set for sell-off to 0.6900 support level on overall Kiwi bearish sentiment whilst US Data drive the Dollar to new highs.

Lifestudent38

Driven by a stronger US Dollar, the USDJPY pair is set to extend to the upside to the 116.00 level

Lifestudent38

US Dollar Rally to extend to 12,550 - 12,600 level as the market prices in 100% chance of Rate Hike in december amidst strong US fundamentals continuation; ADP NFP @ 216K, GDP revised to 3.2%, lowest levels of Unemployment Claims. Expect upcoming NFP to beat expectations!

Lifestudent38

European data seem to indicate a more positive Eurozone economy in the months to come however as investors position take on risk and position themselves for the upcoming interest rate hike the EURUSD is likely to push down to the 1.0600 and 1.0500 levels

Lifestudent38

A Strong USD driving the NZDUSD down. Key upcoming support levels at 0.70000 and 0.69000

Lifestudent38

Strong US fundamentals keep supporting an upcoming rate hike and as US Treasury bonds keep selling off the US Dollar which has already tested its yearly high will likely rally to the upside and form new highs. Key resistance levels to be expected at 12,400 12,500 and 12,600 levels

Lifestudent38

Driven by a strong US Dollar rally ahead of an interest rate hike, the AUD/USD is set to sell off to the 0.75000 support level

Lifestudent38

USDJPY may extend up to 112.00 level as the US Dollar rallies ahead of a highly probable interest rate hike and an outlook for major stimulus plans by the BoJ

Lifestudent38

Political risks weigh in on the South African Rand and should the country be downgraded this 2nd of December the USDZAR can extend its prior rally to the 18.0000 - 20.0000 level.

Lifestudent38

Dollar advance to push the EUR/USD down to 1.0800 support level

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On the back of a strong dollar and a cash rate cut by the RBNZ the kiwi is set to sell-off to key support levels. The first zone is 0.7200 and then 0.7000

Lifestudent38

With election volatility settling, the dollar is set to continue its advance to test and break the yearly high on the outlook of a December rate hike after jobless initial and continuing claims decline steadily.

Lifestudent38

Overall Kiwi weakness will send this pair down with slow momentum on election risks. Key support levels at 0.7200 and 0.7000 if the dollar extends a rally on a Hillary presidency

Lifestudent38

Expecting a mildly surprising NFP report forecasted at 185K, stronger than the general consensus, which will boost the dollar for now, but as election uncertainty looms, a period of consolidation is expected.

Lifestudent38

As positive data help lift the Euro against the greenback, the upcoming November disappointment over Interest rates from the Fed amidst political risk will send the Euro soaring to the upside, targeting 1.1100. Investors will then start pricing in the upcoming rate hike of December sending the Euro-dollar down to 1.0800