NZ_Shareman

NZ_Shareman Updated 

Up comming GDP and Jobless claims Chat GTP says 52.5 chance slightly stronger USD Scores: GDP Price Index QoQ (Q1): 60/100 GDP Growth Rate QoQ (Q1): 40/100 Wholesale Inventories MoM (Mar): 50/100 Retail Inventories Ex Autos MoM (Mar): 50/100 Goods Trade Balance (Mar): 70/100 Jobless Claims 4-week Average (Apr/20): 50/100 Initial Jobless Claims...

NZ_Shareman

Looks like ya basic 1,2,3 pattern on the Daily Target is a nice round $2,500 Gold may rise due to: Inflation hedge: Investors often turn to gold to protect against inflation, as it retains its value during periods of currency devaluation. Safe haven asset: Economic uncertainty and instability in the USD could drive investors to seek the safety of gold. ...

NZ_Shareman

Doesn't look good to me at first glance on the weekly Like everyone else I want it to go up But it is way over-extended and the last 2 times it has become over-extended it has crashed back down. I'm just saying BTC has so often supposed to have been just going up up up straight to the moon for it next to just collapse. Outcome End of the day : Positive ...

NZ_Shareman

CAD is strong Oil going up Crossing paths of currency strength graph A return to previous levels One should take partial profits and BE 75% into the trade ready to close out on pull back to lock in profit. Lets See : )

NZ_Shareman

CAD looking Bearish Return to Previous Levels Below Strong on CCPV indicator Strong CPM Extended MT4 Sentiment of Traders are Heading Down as we speak We do have news coming up tomorrow which apparently is a tad inflationary So interest rates should remain the same So USD should stay strong So could get some kick back Nice pin bar above also Lets see

NZ_Shareman

After a big push down or up more often than not price will eventually return to previous levels. Trend is up Aussie been very strong all week Knee jerk reaction to mixed data on news imho Bounce off Support from Fair Value Gap Basically just Pattern Play See previous similar playout pattern as possible outcome. : )

NZ_Shareman

Way over extended but keeps pusshing up relentless Got relatively positive expectation on news out of US tomorrow. Man u gota be quick sometimes. Mumbai just opened 4:45pm Japan meant to raise rates tomorrow also AUDJPY also just shot up. GTP Considering the mixed nature of the economic indicators provided, along with the potential impact of slightly...

NZ_Shareman

Simply return to previous level pattern All indicators are pointing down 10 pips in it The actual value of 2.7 is higher than both the previous value and the consensus forecast. This indicates that durable goods orders exceeded expectations, which could be seen as positive for the Canadian dollar. Lets see

NZ_Shareman

AUD is still strong but looks good to me with these lazer trained eyes LOL Fundalemtals are quite strong compared to Aussey Lets see 30 pips basically

NZ_Shareman

Ozzie CPi up same as previous post Return to Previous Level Pattern Only 11 pips in it but even that's hard enough to extract I thought this was an easy game : ) Traders are Short 97% Coming into area of Low Volume so should slice through Lets See

NZ_Shareman

Aussie Inflation is higher than Expected but still lower than this time last year. So considered a knee jerk reaction that would be why price has fallen towards previous levels quickly. Traders saw this coming as they been buying AUD all week even though USD has been the strongest and centre stage the last few weeks but they all get a turn eventually even if it's...

NZ_Shareman

Pattern looks like it's heading down Was over Extended Turns into a Wycoff pattern 2 big Pin bars Trend is down 1m to 1 hr Jappy Interest Rate latter in the week Prob Jappy bank with the big Pin Bar they keep saying they could drive price lower.

NZ_Shareman

Long 83% Long Target is 162 Short is Ova Extended by 13 But Fundamentally weak. Break out on London open Should push down to order block found on the Daily Break of Strong Support Trend is Sell Take Partial Profit Bring Stop Closer to Price as Trade moves Lower If it plays out It better : )

NZ_Shareman

National Core CPI YoY: Actual (Act): 2.6% Forecast (Forc): 2.7% Previous (Prev): 2.8% Score (Up/Down): The actual CPI YoY of 2.6% is below both the forecast (2.7%) and the previous (2.8%) figures. A lower-than-expected CPI YoY suggests a slowdown in consumer price inflation, which may raise concerns about economic growth and monetary policy. The...

NZ_Shareman

GBP Retail Sales MoM (Month-over-Month): Forecast: 0.1% Previous: 0.3% Score Chance % (Down): 60% GBP Retail Sales YoY (Year-over-Year): Forecast: -0.3% Previous: 0.7% Score Chance % (Down): 70% GBP Retail Sales ex Fuel MoM (Month-over-Month): Forecast: 0.3% Previous: -0.3% Score Chance % (Down): 50% GBP Retail Sales ex Fuel YoY (Year-over-Year): Forecast:...

NZ_Shareman

Current Account is Down a bit Return to previous level pattern Weak at the Moment on Currency Strength Metres Doesn't have far to go as far as Sentiment of Traders only 8 pips Short Target but that can run on past. I Say heading down 14 big ones : )

NZ_Shareman

USD has been pushing up even though most traders have been going short. Looks like it's rolling over now The Dollar Index certainly pushing down Powell implies rate cuts may not be as soon as people hope. But we already knew that. Just market breathing imho

NZ_Shareman

Looks like Classic Sweep Below Swing Low to take out Stops. Nice Pinbar = propulsions candle. Have had Pull Back into Fair Value Gap. Alot of Orders in those Pinbar and Bullish engulfing candles on KT Volume Profile Indicator. Now across Mvg Ave 200. Gold should follow Silver who is ahead considering the pairs correlation. Fear Gauge crashing...