MlungisiMpapane
a strong bullish jpy is expected and cad is expected to be weak
DIvergence in the indexes produces a perfect opportunity
Amid the CPI tomorrow we expect a strong sell setup
with the divergence in the policies of these currency outlooks, there's a nice setup forming.
We expect the pair to at least complete the wxy, it can go to make u fresh highs.
the fundamental and technical divergence of these currencies provides a nice reversal opportunity
The divergency in the indexes of these currencies and the divergence in the fundamental outlook provides a perfect opportunity.
The divergence in the EUR and NZD will give us a nice upside in the pair.
The last leg of the correction is expected to happen due to expected weekness of the AUD
The B wave of the correction must retest the 0.786 of the A wave. so we currently completing the correction.
the wxy correction is left with the y leg. the USD is bearish both fundamentally and technically. there is a short significant CAD upside to make the sell a very attractive opportunity.
we expect the correction to complete as shown. the C wave is what we aiming for
Gold is in a bullish trend and we counter trend trading due to a wxy correction gold is making
The expected correction is playing out perfectly from a demand zone as the sentiment is bullish in the coming week for the USD.
The correction is not complete for upside, therefore one leg lower before we buy. wxy trade.
There a huge impulsive move to the upside for silver. so all valid buy setups we take them
the market is currently on wave Y of the WXY correction. more details will be added if required
Our fundamental bias is bearish for the pair in the short-term. 2hrs ago we got an announcement that Japanese Finance Minister Suzuki and US Treasury Secretary Yellen likely discussed coordinating the currency intervention during bilateral talks. We expect that announcement to strengthen the JPY in the coming sessions. We expect the GBP/JPY pair to complete C wave...