Still bearish on NZDUSD in a downward channel. Still negative correlation with the pair:
outlook for 4 hour looks bearish for NU. looking at 2 key levels 4 hour chart showing strong negative correlation NZD showing negative trend and velocity USD showing positive trend and velocity
showing strong trend and velocity for the pair. For those that got in late, might be some more steam to drop for London open. I would say to keep in eye on this pair for the ride up if possible.
Currently GJ is in a uptrend. Strong negative correlation at the moment. Nearing previous resistance around 154.100 range.
CCI showing below 100, after FOMC news USD strengthens. Watch EURUSD at some key support levels to look for a drop. Low base setup.
GBPUSD looks to be at a low base setup, waiting either for a reversal or a break down to continue to low base setup. Overall I am short, but waiting on the chart to see where the trend will go.
Strong negative correlation showing with AUDUSD, good place to setup a sell stop entry below previous support zone. Baskets showing a strong direction for both currencies;
With a strong trend for the day and hourly looking to gain a little profit. Has good negative correlation. Trend above the 50 and 200 ma and above the 50 ma about to gain support at the 200 ma. Have a stop loss just below the Sar. As always do your DD!