I expect bearish flow. short @ 1.525
Basically due to fundamentals like cheap oil, iron ore, coal and metals like copper. Main consumer worldwide and in this region is China. China's economy is slowing down after years of +7% growth. www.tradingeconomics.com www.tradingeconomics.com One of China's big supplier is Australia. atlas.media.mit.edu Australia's currency devalues with cheap commodities .
just follow the price action.
My mood is bullish for that Pair. Basically due to fundamentals like cheap oil FX:USOIL , iron ore, coal and metals like copper FX:COPPER . Main consumer worldwide and in this region is China. China's economy is slowing down after years of +7% growth. www.tradingeconomics.com www.tradingeconomics.com One of China's big supplier is Australia....
My fundamental view on this pair is bullish. Canadian Currency USDCAD depends on the price of oil like other nations Russia, Venezuela (atlas.media.mit.edu) The oil price is sinking due to political issues and massive oversupply. Sooner or Later Iran will enter the oil market (to secure their historical market share) and the oil will further drop in value. Crude...
I see a good opportunity to long GBPCAD at 2.000. Despite the slightly below expectations in growth in UK and EU. Unemployment in Britain decreased to 5.4%, down from 5.5 percent in the previous period and the lowest since March to May of 2008. Also the trade gap in goods and services decreased to £3.3b in August 2015 from an upwardly revised £4.4. On the other...
looking for short possition
looking for a short position on ftse
Simple short Gold position due to bearish trend
Looking for short opportunity here. Price couldn't break orange line, major resistance. weakness in china's economy possible more quantitative easing from BoJ or ECB.
looking for a long position at support lvl (orange line) 0.6900-0.6850
small long position on AUDJPY dangerous week is ahead of us, better to watch the market anything could happen, but i think FED will not hike rates
The mood is bullish and a clear uptrend established. I am convinced that next week the FED is not going to hike rates. So Euro and Gold could going up. stay connected for more updates twitter.com
waiting for a pullback to 135.1-135.5 area
After a massive sell off in this pair i'm watching the price action for possible long entry. The green area and both blue upward trend lines mark a support area. So we will see how the price will defy this area. Stay in touch for futher updates twitter.com
long CADJPY at major support level