GBPNZD will drop due to an increaasing pressure in GBP pairs recently and traders looking to bet on Australian interest rate might use nzd pairs to escape volatility
BUY THE PAIR ON MONDAY AND SELL ON TUESDAY, IF THE TWO DAYS IS BULLISH THEN SELL AGAIN ON WEDNESDAY BUT IF BEARISH, BUY IT. IF THE THREE DAY CANDLE FROM MONDAY IS BULLISH SELL ON THURSDAY IF NOT BUY ON THURSDAY. IF THE FOUR DAY CANDLE IS BULLISH REMAIN BULLISH ON FRIDAY IF NOT REMAIN BEARISH BUT IF YOU HAVE ENOUGH CASH TO WITHSTAND VOLATILITY BUY THE PAIR ON...
the chart is poised to move up by the end of the week but monday will be a risk averse trade in all jpy pairs. so expect a pull back on monday then a rally for the rest of the week. always remember the drop might be heavier than the rally but if you survive the drop you will be fine by the end of the week. IF THE TRADE FAILED TO BE POSITIVE BY TUESDAY'S CLOSE...
NAS100 failed to decline with other indexes as risk aversion triggered but this week continuation of last week sentiment will see that it declined with others this time because next week will have enough momentum to drive risk aversion in all indexes as NZD and AUD report their interest rate decision
The market played me on my eurjpy position last week, i guess it tried to tell me how mysterious it is despite my expertise in timing it. I admit that now but the loss is a scratch from my previous three weeks rally in other positions i owned. Now the market has turned negative and very deep into it. I will be expecting a continued rally in XAUUSD and a drop in...
Despite a volatile week, my financial global index managed to close a little higher and continues to forecast a rally in risky assets. Next week focus will be on the European interest rate decision which is likely to see a boost in Euro regardless of their stance. Also expect a mild rally in global stocks as this week U.S non-farm payroll may confirm that a rate...
I called for a sell of risky assets in May but obviously from what has happened so far, it is a false call. My global index is already 7.61% up in the month and is still calling for higher high in the coming week which is the last week of May. i trade with weekly timeframe which saved me from the big loss if i had followed my monthly trend. So the week...
Growth was mixed last week in the financial market but generally bullish as a whole which i forecasted in my previous idea " A BULLISH WEEK BUT NOT SO STRONG". So this coming week will see a strong bullish market despite so many negative headlines like brexit and grexit. Never forget that my monthly bearish May is still valid since the growth we have seen so far...
Last week saw a decline in risky asset as i predicted on the weekly chart i published last but with mixed reaction(my jpy index declined instead of a rally) and i am guess that is why eurusd failed to hold it's gain and declined so next week analysis is predicting on a risky assets rally( AUD, CAD, NZD and even GBP), i guess it is a correction to the two weeks...
For eur being safer than usd a rally is likely to the target line
The world economy is bearish both in monthly and weekly timeframe and China that usually leads the growth is also weak. For the weekly chart, we are likely to see volatility or directionless trading in the chart since next week loss has been priced in already, though AUD dollar may try a rally because of their interest rate report. so my bias is based on longer...