Hi there. Price is moving impulsively to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
HI there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Hi there. Price is forming a possible continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Hi there. Price is moving impulsively to the upside. Wait for the price to form a continuation pattern and watch strong price action for buy.
Hi there. Price is moving impulsively to the upside. Wait for the price to form a continuation pattern on a lower time frame and watch strong price action for buy.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Hi there. Price is moving impulsively to the upside. Wait for the price to form a continuation pattern and watch strong price action for buy.
Hi there. Price is moving impulsively to the upside. Wait for the price to form a continuation pattern and watch strong price action for buy.
Hi there. Price is moving impulsively to the upside. Wait for the price to form a continuation pattern and watch strong price action for buy.
If US CORE y/y above 6.3% and Headline y/y above7.5% Expect SP500 falls USD gains USDJPY upside XAUUSD falls XAGUSD falls
If US CORE y/y above 6.3% and Headline y/y above7.5% Expect SP500 falls USD gains USDJPY upside XAUUSD falls XAGUSD falls
If US CORE y/y prints below 6% and Headline y/y below 7.2% Expect SP500 gains USD falls USDJPY falls XAUUSD gains XAGUSD gains
GBP FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE A looming recession has been a key source of Pound weakness and has kept pressure on Sterling despite ongoing BoE hikes. At their NOV policy decision, the BoE’s updated projections showed a deeper and longer recession than previously thought, as well as a stern push back against current market pricing for the high...
If US Average hourly earning YoY comes in above 4.7% US Unemployment Rate below 3.5% US Non Farm Payrolls above 270K Then expect USD buying XAUUSD selling SP500 selling
USD remained in focus, with this week’s dovish comments from Fed Chair Powell and weakness in Treasury yields weighing on the reserve currency. This has resulted in a steady grind lower throughout the Asia-Pacific session, with DXY eventually dipping below Thursday’s lows. In contrast and stronger across the board is JPY, with the safe-haven currency benefitting...