laikos

laikos Updated 

Fundamental: RBA maintain it's rate at 1.5%, still on holding policy. Watch for monetary policy in coming week BOJ rate statement this coming week. JPN manufacturing data was strong last week Technical: Price bounce below strong weekly level and forming inside bar last Friday This gives very small risk and huge downside rewards for this trade. However, if BOJ...

laikos

Fundamental: BOC has been dovish in recent statement NAFTA uncertainty have been negative towards CAD Second stage of Brexit /BOE Hawkish Technical: Good pin bar rejection of the trendline and the daily support level signal the continuation of the rally Target profit should be below weekly resistance level Note: Buy limit at 50% of the pin bar

laikos Updated 

Fundamental: CHF: Still an easing currency for now. However, SNB meeting today might change the current policy NZD: Easing currency with mostly weak data, and no new release scheduled for this week Technical: Price Action currently rejecting Fib 0.382 level, which is also the same as the weekly resistance level Note: Suggest to half your lot size due to SNB...

laikos

Price Action: Bullish Pin Bar formed rejecting the weekly support level around 0.8740 Now price is moving upwards. Enter immediate at market price below 0.8860 This trade should be able to give us 1.2R

laikos Updated 

Fundamental: The UK has made positive progress on Brexit negotiation JPY is pressured by news from North Korea missile test while it's economic data was mostly on the red side previous week Technical: Pair broken weekly resistance level and stays on top. Inside bar formation after two large daily candles.

laikos Updated 

Fundamental: GBP: Tightening currency, while Brexit negotiation is not going as good and fast as expected UK economy shows some strength USD: Fed tightening and Mid Dec rate hike will be in play. However, there is a lot of volatility in US market too Technical: This pair bounced of Technical Key Support and still respect long-term (1-year) uptrend Entry is a...

laikos Updated 

Notes: Inversely correlates with USD, Gold has broken a year long trendline. On a shorter time frame, it also broke the support level around 1258. This is a long term trade and we try to bargain for discount on entry because yesterday bear bar was really big.

laikos Updated 

Fundamental: Kiwi economic data has been disappointing and few last week Immigration, housing and monetary policy for NZ is pressuring the Kiwi EUROZONE economic data was healthy in spite of ECB dovishness Technical: Pair is in 10 months upward channel The price also recently bro 1 year high and we will watch price action to continue the bullishness

laikos Updated 

Fundamental: Fed Rate hike is priced in by the market. Might not have a great impact on USD upside. Still net positive speculator position and long for EUR FX Future Technical: In spite of good technical NFP data last week Friday, EUR/USD is still closing Pin Bar at weekly level

laikos

Fundamental: CAD: Latest BOC rate is maintained at 1%. This further pressure CAD as it coupled with slow NAFTA progress. Technical: Uptrend channel persist after BOC rate is maintained at 1.0% Price is now at the bottom of the channel. Target 1R lower than previous high, but if price broke the level, next target is below weekly resistance 2R

laikos

Fundamental: AUD: Latest RBA rate maintained at 1.5%, monetary policy is holding. Mixed economic data for Australia. RBA latest statement is hawkish towards stronger AUD EUR: Hard Brexit sentiment has pressure EURO as much it is on the GBP. ECB is quite dovish and QE program still in progress. Series of the geopolitical issue in EUROZONE (Catalonia, Germany) are...

laikos

Fundamental: CHF have not much happening rather than just easing monetary policy, mixed economic data. Best of all it is not much related to North Korea USD have many Fundamental factors such as rate hike in Mid Dec 2017 (might already priced-in), President Trump linked to Russian investigation and huge event this week is NFP. Technical: Pair has been on the...

laikos

Fundamental: EUR from Fundamental is weak currency due to continuation of QE program Recent German Political unrest still pressuring EUR JPY Fundamentally still weak currency too Technical: In contrast to Fundamental, the technical level for this pair is very interesting. You can almost see a bull flag if you look at bigger time range, also you can see multiple...

laikos

Fundamental: JPY: Dovish & Easing BOJ. Geopolitical unrest in the region pressuring JPY. Weak economic data NZD: Less-Dovish RBNZ, also Economic data was weak Technical: Bullish Outside bar formed last Friday. Break of weekly resistance level at stay above. Bounce of 9 months swing level

laikos Updated 

Fundamental: CAD is having short-term weakness due to slow NAFTA progress Weak economic data gives CAD weakness despite the BOC tightening Technical: Range break, will be retest, take opportunity of spike result from BOC Poloz speech to hit the sell limit D1 trend is on a downward channel.

laikos Updated 

Fundamental: Postive outcome of Brexit Negotiation between EUROZONE & UK strengthen GBP Strong UK data till now, however watch for BOE Carney speech Technical: Continue uptrend channel with Bullish Pin bar formed at the support level Use limit order to enter to obtain better price

laikos Updated 

Fundamental: AUD currently holding rate at 1.5%, RBA is quite dovish No strong data from AUD economics recently JPY, on the other, hand have strong funding currency effect and safe heaven effect Decent economic data from JPY has been positive. Technical: AUDJPY broke strong trendline on both weekly and daily chart AUDJPY also broke down support level The price...

laikos

Fundamental: Gold is inversely correlated to USD. Weakness in USD data negatively impacting USD Dovish Statement from Fed Yellen Technical: Only buy if Gold stays in the upwards channel Look for BULLISH PIN BAR price action to trigger entry