MlungisiMpapane

MlungisiMpapane

Our fundamental bias is tilted to the upside for this pair as the FED is expected to hike rates earlier due to inflation fears in the US economy. The JPY is expected to be pressured due to the BOJ assuring the market that they are not planning to raise rates anytime soon. We structurally expect the pair to complete a WXY in a higher timeframe.

MlungisiMpapane

after a print of the cpi we expect markets to hold back the interest rate hiking expectations. structurally we expect it to complete the wxy pattern on the daily chart.

MlungisiMpapane

Our fundamental outlook on this pair is bullish. The RBNZ if the first bank to hike rates and NZD is a pro-cyclical currency so a positive global economic outlook is supportive for the currency. the BOJ is not planning on raising rates and the rising oil prices is pressuring japan since its one of the huge importers of oil.

MlungisiMpapane

Markets is largely expecting the BOE to hike Rates in the December meeting. the positive print in the inflation data this morning further fuels the expectation of the 15 basis point hike to be this coming meeting. we are expecting the BOE to disappoint the market hence we have a very bearish bias on the GBP currency. technically we expert a completion of a WXY...

MlungisiMpapane

As we approach the Fomc, we expect the Federal Reserve to start the tapering process. This will support the dollar, therefore pressure the gold. If the NFP also prints a positive figure, the pair will reach target next week.

MlungisiMpapane

After having a positive Employment print on the NZD we expect a strong demand for NZD to push the NZD/JPY pair to complete wave 5.

MlungisiMpapane

We are both technical and fundamentally bullish on the Dollar after a positive print on the ISM manufacturing we expect expected that to put pressure on the FED to taper this upcoming FOMC. we expect CHF to be pressured in the coming trading sessions

MlungisiMpapane

This is a short term 4H long trade as we expect dollar to appreciate in value as the FOMC is expected to announce the tapering of the QE Program this week. The ISM manufacturing PMI at 4 PM GMT will be the key catalyst of this trade if it comes out POSITIVE and beat the market expectations. However is at 4 PM GMT the Manufacturing PMI comes out positive without...

MlungisiMpapane

The RBNZ on their last meeting started the tapering program so that a bullish move for the NZD hence after tapering its rates hike. on the bigger structure the market is completing a WXY patterns that's in the same direction as the fundamental outlook. Note any correction will offer short term buys and any positive developments in the economic data should fuel the...

MlungisiMpapane

4562 free pips for the trade of the year. The market has has completed the weekly correction structure and is now ready for downside. fundamentally we are bearish for both currencies but expecting CAD to be weaker since JPY is as it lows already

MlungisiMpapane

3662 free pips for the trade of the year. The market has has completed the weekly correction structure and is now ready for downside. fundamentally we are bearish for both currencies but expecting Swiss to be weaker since JPY is as it lows already

MlungisiMpapane

after reaching target expect GBP Weakness, On 4 HRS The market is completing a 5th wave in the sequence while completing C wave on a Daily Chart.

MlungisiMpapane

follow me for more free accurate trades, check previous ideas, like and comment if u have a question or different opinion.

MlungisiMpapane

Follow me for more free accurate trades. Check my previous ideas, like and comment if you have a question or different opinion.

MlungisiMpapane

Follow me for more free accurate trades. check my previous then like and comment if you have a question or different opinion.

MlungisiMpapane

expect Australian weakness and and Japanese Juan strength as the risk tone turns negetive

MlungisiMpapane

Expect pound strength from BREXIT negotiations.

MlungisiMpapane

9 minutes ago Expert the Risk Tone to be the major currency driver. The Key is for fundamental analysis to in line with the technical. * If there is any progress regarding the Contamination of the corona Virus. * If there's any progression with the economic opening as well and deescalation with the USA/CHINA war to move the trade. Thank You in Advance.