colintsui

colintsui

After Euro tumbled below 1.1150 I'm believing USD strength is returning across the board. I have been USD bullish against JPY and GBP and the commodity currencies for some time and now am also USD bullish against EURO and CHF. Holding USD seems like best bet for now. The only concern is the Brexit drama turns out to be a risk off event that will send JPY higher.

colintsui

Price has broken up a year long downward channel with supporting fundamental factors, that is, BOJ considering buying overseas bonds "if that is not regarded as FX intervention" this is extremely JPY bearish (buy the rumor at least). Also US economic data showing strength and we'll have another hike the coming Dec. If NFP tomorrow provided chance I will go long...

colintsui

With the trigger of Article 50 probably next January, I am not dare to long GBP vs any other currency. there might be bounce for GBPAUD/GBPNZD but probably come form weakness of commodity currencies not the strength of GBP. We had better than expected GBP PMI data this week but couldn't help GBP to have meaningful bounce. That means market sentiment is mainly sell...

colintsui

LOOKS LIKE PRICE IS BOUNCING OFF SUPPORT LINE

colintsui

Price has retested broken support turned resistance trend line for the 3rd consecutive day but failed to push back above it. I'm looking for sell when there's an impulsive break lower.

colintsui

Similar to AUDUSD, I prefer a short here at just below the consolidation trend line, risk is limited.

colintsui

Leaning against top trend line to short this pair.

colintsui

Price has been consolidating just above trend line support, i'll be selling this pair if there's a clear break.

colintsui

I am not very confident that the bull trend has started, but price action showed there's support at trend line and I will hold my long position for now.

colintsui

Same as CHFJPY, i believe EURJPY will be in free fall mode. I'll short any bounce.

colintsui

CHFJPY has broken trend line support and I guess it is in free fall mode for now.

colintsui

BOJ announcement failed to deliver new easing policies or unable to convince market that more easing will come. This fundamental piece of news corresponds with technical break of support trend line. Besides, FOMC next which I expect the Fed to hold. I'll keep short this pair.

colintsui

I will be waiting for either a clear break or bounce to trade this pair next.

colintsui

looks like the lastest price action is forming an ending diagonal on daily chart. I will be looking for short opportunity if there's throw over.

colintsui

EURAUD broken trendline with momentum and stays above, look for consolidation above trend line and long, expecting more upside from now.

colintsui

Expecting another bearish leg down.

colintsui

Sell on break of short term support line

colintsui

The down trend for USDJPY is still intact, more bearish action ahead.