All depends on trump this week to be honest.. . Price has been quite resistant up until closing on the 27 June 2019.. . . . Either way, price will spike. In what direction?. Well that is all in trumps hands
The Market will Spike to the High and hit the stop losses to induce traders to go long before reversing it down
The Market will try to move sideways and hit the high of the previous week before dropping low
A possible correction, will occur before the weekly down trend. All major pairs are waiting for the G20 summit & NFP on Friday
The EURJPY market is over sold . Divergence occurring in the Awesome Oscillator indicating a reversal of the market together with an impulse bear market wave signalling the end of the trend. From my technical analysis the market is going BULLISH
The United States and China are triggering the "largest-scale trade war" as the world's two biggest economies sharply escalated their conflict.Market players are worried that threats of higher U.S. tariffs and retaliatory measures by others could derail a rare period of synchronized global growth.
GBPAUD is having a strong indication for bullish this week. A five day down trend show us that the market is over sold and a reversal for a Bullish trend is about to occur
China agreed to buy more US agricultural and energy products to help narrow a record bilateral trade deficit". Good for UJ. This is going to fall heavily because the bulls rushed too much... Greed
USD/CAD will be affected by the U.S. dollar’s reaction to FOMC and NFP but on a relative basis
Seems market want to touch 1.541 until fly again, need to wait because it's also possible to go down to 1.509 and move UP from there to 1.57 - 1.58 until go more down.. I have buys but risky with that war (siria) and NAFTA!!!
I don’t think CAD will make a strong recovery. This is just a retracement.
Looks like price finally broke out of that consolidation trap, anything above 1.2274 is a buy, we get back in that zone, we are probably back in it. innit!
The data cupboard looks bare for New Zealand this week, so factors driving the US dollar may impact the NZ dollar. NZDUSD shows a 3-Wave Corrective structure from last week’s low. There is resistance at 0.7250/0.7275, and support at 0.7200 and 0.7155
Bears are winning but Bulls are also struggling. still uncertain situation
If you see what i see you will short just wait to see if price goes above 66,50 it will hold there for about 3 hr. Then SELL
Short Opportunity with a divergent about to occur.
Be careful. Monday markets open opposite on Friday. This is not happening here so you have to be very, very careful.