75% off short entry at support. Even the the AUD central bank rose rates the momentum of the event triggered the short entry. The buy the rumor might have been priced in. or a larger pullback toward lower support will receive a potential bid to continue up. standing by for market developments
Since the chairwoman bullocks remarks are a bit elusive. it appears a mixed msg. but the concern that services: transportation, mining, finance, global travel, etc are what they are uncomfortably high with. a straddle strategy maybe necessary to deploy. that yellow line is the last market miss low that it created in the aftermath. you could feeler short come...
The market is forecasting a 4.35% cash rate raise for AUD on monday night during the asian session. Her recent remarks elude to the potential that their is no cause for a cash rate raise. He statement prior to cpi outlines the potential to maintain vs the potential to raise. Bets will be placed on maintaining the cash rate raise at 4.1%. If dollar weakness...
Yearly open target achieved with usd unemployment poor data
Based upon poor usd expectation for nfp. and the yearly open above. looks to be a scalp target. based upon the daily close yesterday. finding support at the nearest daily close top. not expecting continuation up. will still look for potential signs of exhaustion between the 50 and 200 ema pocket for potential short. based upon a 4 hour pattern that suggests...
AUDUSD is offering up prices near .64. with the 50 ema coming in slightly above. take profit for short partial will be the weekly open into tomorrow.
If price does not find a lod near inefficiency 1. or the weekly level. price target for AUDUSD short will be adjusted to the current yearly low area and the lower inefficiency
AUDUSD. has little downside on the day and week. near the range high.
Bias is short. Profits on the 2 prior day's shorts have been partialed into the flag line. Hod looks a bit shallow. It does not mean fading asia will work this evening. but it has been 10-1 times the past 11 nights that fading asia is the norm in this area.
Following an impulsive sell from the 50 EMA. Adding additional short position from last night.
Based upon the last 3 news events a short is opened. aiming for .63. Minimal downside for the last 3 readings is .51% down
EURvsUSD is retesting the 50 day EMA. EUR zone Pmis London session.
EUR zone pmis next monday. the data set has been trending bearishly for EUR. Price is still structured bearishly below the 200 ema and 50 ema.
The initial reaction for EUR vs USD weekly open move seem's potential given the last 5 EUR zone flash services pmi have been market misses. A short move emanating from 1.05266 to 1.04928 area maybe the initial weekly open move. The Daily structure appears to be some sort of bear flag formation near 1.05 major support. The close on friday closed at the day's point...
EU is going sideways which might mean a fade short is potential early this week. USD retail sales tomorrow. Expectation is inline with some near term USD strength. target would be Thursday's open. Look for entry near London tonight to set hod. Best of Luck trade safe, trade smart. manage risk.
Target is no wick top hourly slightly above hourly mean price
anywere close to 109 level for entry should work. Looks like a retest of last week's open is potential maybe more. there are some inefficiencies lower than the initial profit target. but potentially a good spot to remove some risk and see what happens. cadjpy is bullish no doubt. but it is in overbought territory. it is getting to an area that it may produce a...
cadjpy potentially printed a reversal signal daily for early week this week. looks like a potential retest of the initial short from 109 level last week. hourly macd looks like a retest in progress and an unlikely bullish macd signal for early week. 1st target level would be last week's open by weds maybe cad cpi as catalyst for a sell this week on CJ. trade...