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completed running flat

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EURGBP looks overextend. high reward:risk trade. the resignation of May could lead to a better prime minister stepping up to clean the brexit mess. long pound.

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So I have been waiting for commodities currencies bulls for quite a while, BUT WHERE ARE THEY? The election results was good but a dovish Aussie Central Bank reversed almost all of the aussie strength. Nonetheless, price action seems overextended and we may see some weakness in Euro PMI numbers - which MAY trigger the decline in EURXXX (and hence EURAUD).

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Reasons to go long NZDJPY Divergence on the MACD Signal on modified wavetrend (Which I missed, dang it!) Excellent risk:reward ratios - with 3 possible target areas

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WXYXZ, excellent R:R ratio.

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Excellent risk:reward trade on NZDUSD. For technicals, we see price coming down to consolidate at a prior resistance zone, and MACD divergence. Fundamentally, if there are positive news on the trade war front, commodity currencies like NZD is likely to get a boost. The dovishness of the Fed will also help to suppress US dollar strength. Traders can look for...

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AUDJPY has been stuck in a channel for quite a while. Based on lower timeframes, an early entry seems attractive. Alternatively, traders can look for short on break of trendline.

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USDSGD head down towards bottom of range

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Expecting S&P 500 to rebound at the 0.236 or 0.382 levels, which coincides with the 200 ema on 4h and 1d, as well as is an area of support/resistance. Will look to enter on sharp reversals at these levels, ESPECIALLY if it occurs together with positive fundamental news on the TRADE WAR front.

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NZDUSD looks good for a bearish flag set up, with R:R > 2. Larger set-up as follows:

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I think S&P is still within a consolidation, but in the short term I expect it to climb to break the previous high around 2940 level to entice weak hands to come in.

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USDSGD did not break out of first target. Instead, price reversed sharply at resistance. We see a possible flat pattern and a good risk/reward ratio trade down. Will enter on pending breakdown of flag.

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USDSGD had rebounded at previous trendline and at the 0.382 of previous up-move. There also seems to be a clear 5 waves down that has completed, so I am expecting more consolidation for the time being. This update comes a bit late, as taking profit once the above happened would have been ideal. Traders who are still in the position can shift their stop losses...

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Will the USD continue to strengthen, despite Trump's complaints? This is a possible bullish playout i see for the pair. Wait for breakout and retracement for confirmation!

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Expecting S&P500 to rebound at 0.236 IF it comes down to the level, as it would sit on that fib ratio AND probably 200D MA for both 4 hours and 1d. However this is an early forecast so more confirmation will be needed then to confirm the validity of this.

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currently, DBS sits nicely in a consolidation range. I would expect the pair to drive further up if the US-China Trade war subsides and would enter on a breakout above the current range.

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Trump-Kim no deal? Fear of Trump-Xi? Time for gold to soar! XAUUSD has bounced of the bottom of the channel/wedge that it has been in with a strong bar, we can take this as a high probability trade up higher as the investors shift their allocation into risk-off for the month of March.

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USDSGD has deviated from history. It Seems to have broken out of a wedge, so my current expectation for it is to go up and retest the trendline on a higher timeframe, before making another impulse down.