Buying NZD Against pound. This setup carries more risk than usual as Pound is also strong since London.
As NZD trend is mostly south for this New York session, against it i am buying more CAD which seems to be gainning some strength . SL above 2 Major intraday supplies
Trade exclusively based on correlation. Buyers are not letting go of their positions as the pullback was really shallow on relatively low volume. The trade is labeled A little bit risky as i couldnt read the sellers momentum. I expect to hold the position max till midday US.
AUD extreme strength is keeping it base currency's (GBP) price action structure in sellers territorry. I have identified the present short term buying candles in the pullback phase as sufficents to induce more Retail buying as the high volume which occured recently can be interpreted as the footprint of the massive transactions which took place at that moment;...
Selling USD to buy more CAD. Nice trend pullback design showing a mini consolidation prior to the major news for the day on high volume. Which is probably a sign of smart money loading up more long position on the Canadian Dollar
A good news is awaited for AUD in few minutes and The currency is showing signs of strength. CAD is weak
Its a bit sad to say but all the conditions are met to call it short. It has just faked breaking it previous high with an aggressive step in of the sellers confirming my descending trendline and a retest of the shortterm ascending one. Maybe the "Death of the Dollar" is finally not a myth, after all...
NZD Very weak, SGD a bit of neutral + showing the buyers momentum fading prior New York opening.
The pair is displaying a range in the buyers territory, EURO new for the day are unchanged and long since ECB interest rates releases.
Tokyo CAD -2, CHF +6 full strength will kick in once usd gives up on the bulls
GBP gaining momentum and usd is still weak intraday. A HH is expected
Premarket numbers revealed +7 for GBP and a neutral one for yen. it is a short term buy as the flow is selling the pound
CAD sitting on a weak number (-5) and jpy neutral during this session. Sell @ 82.48 is an aggressive entry considering JPY still has balls of strength (positive)
AUD Has strength(+6) Backed up by the flow and CHF more neutral (-1) . Expecting a leg north
Pound is really strong and has room to go before the flow kicks in (+7) intraday and CAD weak (-5)
Pre london Market. NZD extremely strong and chf neutral. NZD strength is backed up longterm. Buy limit @ potential liquidity zone.
NZD is the most strongest, backed up by the daily, and usd is the most weakest intraday. The flow should be able to carry us through