ISM Services PMI's impact on markets and rate revisions was huge, because it was reported higher than the estimates' range high; Thus i don't believe today's initial jobless claims, which i can't rule out its weakness, would be convincing enough to change rates' bullish trend and thereby affect DXY & Gold. Already triggered; I'll cover any adjustments on this.
Trading into US data in a strong dollar sentiment. Already triggered; I'll cover any adjustments on this.
With markets awaiting NFP report, there's little convenience to sell DXY further, and today's data release was not in favor of dollar bears. I'll cover any adjustments on this.
Entry by buy stop at 1.89460 or buy limit at 1.88770. I'll cover any adjustments on this.
Already triggered; I'll cover any adjustments on this.
Already triggered. I'll cover any adjustments on this.
Already triggered. As always, I'll cover any adjustments on this.
This trade is based on Technical Analysis, Fundamental Analysis & Intermarket pricing. I'll Cover any adjustments on this.
Already triggered. I'll cover any adjustments on this.
I'm sure you're all aware of USDJPY seasonality between Xmas & New Year's Eve. Merry Christmas.
Since USD's mid-term bias is long, I expect EUR to act as an Anti Dollar on that; But It's a little tricky to catch USD's recovery point. Whether EURUSD tends to go Bullish, Bearish or choppy, I expect both EURCAD & USDCAD rally; It's just which pair outperforms the other. POEC+ meeting is ahead on today's schedule & I'll cover any adjustment on this position...
Already triggered. I'll cover any adjustment for this trade.
It's the last of this month. Another bet on strong UK vs. lagging Australia. It involves a little bit of risk flows too; I'll cover any adjustment on this position.
This trade is already triggered. Note that it's a Buy the deep bet on USD, an into the event position before Jackson Hole. CAD will be a good pair for this trade, and in case Dollar lags, I expect CAD to lag more. I'll cover any adjustment on this position.
This trade is already triggered. 2nd Tp is open for now.
Since May 2021, S&P 500 has gained almost 10%, while Copper/Oil ratio has lost 52%; which means oil prices are relatively higher than the Global economic growth capacities. IEA reported the same idea on Global OIL demand this week, which is totally in contrast with OPEC's demand assessments noted in it's August report. Since these high prices are weighing on...
Short AUDCHF from anywhere between 0.67200 to 0.68000 . Technical Rationale: _Price Action being hovering around 370h, 530h & 670h resistance lines in a bearish channel, While four supply zones above the price are held clear, 62% & 78% Fibonacci rets are in the area & two round digits, 0.67500 & 0.68000, do coincide. I expect this trade to get triggered right...