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BREAKOUT BELOW OUTER LINE WILL EXPOSE PRICE TARGET TO FIBO. LINE 1.10 LOWER German ZEW Economic Sentiment & Industrial Production m/m & STAGNANT German Prelim GDP q/q 0.1%

pearljarl

POTENTIAL RE-TEST 1479.500 (FIBO. LINE)- BEARISH EXPECTED POSITIVE US CPI AND RETAIL SALE. INVALIDATE IF NEGATIVE SENTIMENT IN US-CHINA TRADE DEAL.

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Target Price 98.75 (SBR/RBS) of median line. Bullish. POSITIVE US-China trade deal.

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SHORT AUDJPY AT 75.300 LOWER CHINA PPI & NZD RATE CUT

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Short NzdJpy at 69.100 TARGET PRICE FIBO LEVEL. DOVISH OUTLOOK ON NZD ECONOMIC: Official Cash Rate 1% CUT TO 0.75% China's producer price index declined by 1.6 percent year-on-year in October 2019. The outlook for the New Zealand dollar is particularly grim. This week's softer labor market numbers and ongoing trade uncertainty boosted the odds of an interest rate...

pearljarl Updated 

PRICE RE-TEST AND CLOSE ABOVE MEDIAN LINE WILL EXPOSE TARGET PRICE TO 110.00 The biggest driver of currency flows this week are US / China trade headlines. Early on the outlook was grim with talk of the phase one trade deal delayed to December. However sentiment shifted dramatically overnight after China's Ministry said they agreed to lift tariffs as the deal...

pearljarl Updated 

PITCHFORK FORECAST ANALYSIS - DXY US INDEX 9 WEEK 4th - 8th NOVEMBER 201 Target Price towards Fibonacci line 161.80%