maxmill680

maxmill680

uncertain because the jpy may gain value due to a potential rise in bond yields. Technical analysis: for the moment nothing, and we should take a buy order now as the bearish momentum is very important. The price is coming to interesting levels, I expect a slightly deeper correction towards the 0.618 fibo. I remain patient for the moment. It is still early and...

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Fundamental analysis: The AUD is under pressure with the current geopolitical situation. The GBP remains a priori stronger than the EUR. By intercomparison, GBPAUD should rise. Retail sentiment: 59% on sale Technical Analysis: - Low of a bullish trendline - The price has corrected the 0.618 of the last bullish implusion. A BOS and break from the trendline...

maxmill680 Updated 

Fundamental analysis: The pair is trending upwards. AUD is being pushed down by a complex geopolitical context. AUD inflation is falling although it remains high Retail sentiment: 81% on sale Technical Analysis: For the moment we have nothing but a retracement towards the 0.5 FIBO + support + bullish trendline could offer an opportunity to escape. On H1 the...

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the chf is strong as safe heaven asset in view of the current geopolitical context Technical analysis : - bullish trendline -bullish consolidation structure -fibo correction 0.618 - support area 166,500 -ltf divergence Retail sentiment: 90% on sale I placed a buy limit on 167,210 with a risk of 0.5% because remember I’m currently in a drawdown period

maxmill680

Fundamental analysis: the dollar is strong because the economic situation is rather good despite high rates, and inflation is lower than other economies. NZD (risk asset) is under pressure due to the complex geopolitical situation in the Middle East Be careful however that the dollar (DXY) has been rising sharply for several months: The slightest change in the...

maxmill680

Basically the AUD is pushed down because of the geopolitical situation. Technical Analysis: - H4 bullish trendline - Fibo correction 0.5 of last pulse H - H1 divergence - Break small counter trendline H1 and BOS Retail sentiment: 59% on sale Be careful because historically the pair falls 72% of the time in October. I already want to take a sell position...

maxmill680

Fundamental analysis: The geopolitical situation brings a risk-off feeling to the markets. Technical Analysis: - Fibo correction 50% of the last bearish implse in H4 - Retest of a trendline - Bearish divergence h1 - Double top H1 - Break of a small h1 support - BOS H1 A return on fibo levels could offer a selling opportunity. I expect a correction around...

maxmill680

Technical analysis : - Bearish channel - Return to the top of the bearish channel - Return to the 0.5 FIBO of the last bearish impulse - The price has broken a small bullish trendline - We also see bearish divergence H1 and a double top H1. A correction on FIBO could provide a selling opportunity. Retail sentiment: 23% on sale Watch out for Powell's speech...

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Fundamental analysis : The dollar is strong and I repeat : there is no current alternative to the USD: For investors the interest rates are very attractive and the risk of placing your money in dollars to date is very low because the risk of recession is low (economic data rather good). Technically: - Bullish trendline with strong rejection - The retest of the...

maxmill680

The dollar is still strong with a strong DXY and the US10Y also. The eur is under pressure. Retail sentiment: 36% on sale Technical analysis : - Bearish channel - Back to the top of the bearish channel - Return on the 0.5 FIBO of the last bearish impulse I’m waiting for confirmations of reversal in H1 to take position.

maxmill680 Updated 

English (français en dessous) : Fundamental analysis : EUR is under pressure with a staglation in europe : The inflation is still high and not decreasing so much, and the economy is really under pressure. Wich is a complexe situation for the ECB to deal with. Technical analysis : - Strong resistance of 1.78. - Break of a upwar daily trendline - Correction of...

maxmill680

Fundamental analysis : The USD is strong and I repeat there is no current alternative to the USD: For investors the interest rates are very attractive and the risk of placing your money in USD to date is very low because the risk of recession is low (economic data rather good). The EUR is under pressure because it is in a period of stagflation. Technically: -...

maxmill680

Fundamental analysis : The dollar is strong and I repeat there is no current alternative to the USD: For investors the interest rates are very attractive and the risk of placing your money in dollars to date is very low because the risk of recession is low (economic data rather good). Technical analysis : - Bullish trendline (be careful, only 2 touchpoints for...

maxmill680 Updated 

English (french below) : Fundamental analysis : GBP is still strong due to a strong inflation. But canadian economy is resilient despite the high interest rate, wich let the BOC a bit more time for a hawkish policy. Moreover, we can see downward divergence on oil, wich could show us a potentiel decrease of oil price and so will CAD. technical analysis : -...