WillSebastian

06:30

WillSebastian Updated 

The ECBs quicker easing cycle / rhetoric has brought the EURO down VS USD. This looks to remain, and we can plan shorts for long term entries/exits. Alongside the sentiment case we can identify key price areas.

WillSebastian Updated 

Sources say that the Crypto market still has persistent fears from the latest news sentiment causing fears and dumping/liquidation. Despite this, the trajectory of US news, not dissuaded by PPI, presents more of a 'Risk On' scenario. Price momentum also looks like it is not slowing, so we may see further retracement before any real kick back going into next...

WillSebastian Updated 

Reports of potential intervention (around $22BN) came across the wires as we closed out last week post CPI/PPI. CPI data out the US fed into Dollar weakness on potential rate lowering. PPI Data didn't change this outlook, despite coming in higher. Japanese Authorities were then reported to have intervened, propping up the Yen and supplying it the required...

03:02

WillSebastian Updated 

Canada CPI will give the BOC a good indication on whether they are taking the right easing path. Keen to cut, the EUR has gained strength recently continuing a mid term uptrend. Levels remain higher, and can be noted for shorts. Exits lower.

03:43

WillSebastian Updated 

GBPCAD is rallying continuously - so areas for short side trading can be picked. This comes against a BOC that has given a quicker easing cycle than the BOE, further driving impetus. Shorts need to be considerate in this environment.

WillSebastian Updated 

GBPAUDs rally post UK elections / Hawkish RBA has brought us a considerable retracement to create another lower high. BOE looks like easing may come relatively soon, much sooner than Aus. Likely short side entries may come into markets as traders pull gains off the table amid current market sentiment (long term). Shorts preferred.

WillSebastian Updated 

Alike various JPY pairs, the lack of demand for the yen has caused it to weaken significantly over time. This is because rates remain high across the board in other major economies. There is therefore, little reason to buy Yens when you have the opportunity to invest in currencies with a higher rate of return. The only thing, realistically, that would bring...

07:30

WillSebastian Updated 

As Markets settle from Crypto fear sentiment, we can see a clear re-bound taking us out of what was a steep downtrend. Considerable retracement has followed, which requires planning for new entries and exits. Tech/Fund runover format.

03:42

WillSebastian Updated 

A rampant GBP Post UK Elections and a dovish stance coming out the RBNZ have provided us with a significant rally to start to look short on (Carefully). If CPI comes in higher, we may see a reversal of the latest NZD sentiment, ultimately dropping GBPNZD (not a given). Short side bias comes at local highs, extreme push. Likely to weaken.

WillSebastian

Crypto Sentiment took a hit recently due to creditor fears, but 'softer landing' Sentiment has overtaken this bias and provided long side bias. Ethereum, particularly, has seen a considerable amount of range tightening, with lower highs and higher lows. Overall direction, be it up, or down, will be dictated by future FED results and also potentially Crypto...

WillSebastian

A Hawkish RBA stance, likely to hold rates for some time is a contrast to a FED looking at a softer landing. This difference, particularly in recent times has shown fully. AUD strength has been sustained, whereas lower inflation data has supported the case for easing and brought USD weakness. After lower highs and higher lows have formed a tight price range, you...

WillSebastian Updated 

EURNZD has risen to key targets around the .618 FIB. Remember these are not magic lines that make Markets fall when you decide its a good time. They just often come after significant retracement and therefore warrant reasonable entries. Sentiment wise - NZD inflows have helped, long term ECB is quicker at easing. Short side likely longer term as noted (upside of TL).

WillSebastian Updated 

Outflows in FX Markets have led to a further fall on GBPAUD. 1) Currently sitting at key price action (long previous reaction) levels for entry. 2) Sentiment bias does not fit, so target is early. Light size.

WillSebastian Updated 

Chinese Gold holdings and a willingness for Central Banks to obtain Gold has caused a larger demand and ultimately a higher price over a longer period. As of late, this sentiment has not particularly relented, higher treasury yields in the US have stymied this rally. A) From a Tech perspective you are at a key long zone (look at the last hits on this level)...

WillSebastian

AUDNZD has rallied into MON as expected and noted prev. Stronger AUD VS RBNZ Weakness (dovish inflows) is driving it further and further above local highs. Good chance to see higher, but too late to buy. Only considering catching light short falls.

03:30

WillSebastian Updated 

GBP strength following UK elections has brought us to new Tech areas. GBP/NZD particularly is showing that strong momentum may carry us nearer long term short areas in trend. Here's the case for either Long/Shorts.

WillSebastian

Short side impetus feeding into the NZD couple with long side bias post July 4 Elections. Continuous rallies take us to former short levels PRE UK data upcoming this week. Harsh momentum going into local short rejection highs may warrant more careful sizing. Awaiting reactions into Mon for further entries. Potential areas above remain on continued sentiment bias...

08:00

WillSebastian Updated 

News Sentiment around Mt Gox Creditors has caused mass fear inflows into Markets on panic selling. As mass liquidations occur, it's clear that negative sentiment is settling in. We can use this to identify key areas and discuss overall biases.