0.0 00 Some points to consider in this Forex market: Last week the New Zealand Dollar gaped higher. The biggest daily move higher in three months. Still waiting on the opportunity to enter a short New …
Read More »Nikkei 225 – Nikkei in a Corrective Range
0.0 00 Points to consider in this article: There is resistance lining up at 17,652 and at the 20 day moving average (DMA) at 17,630. Failure to breach higher will keep this market in a correction. …
Read More »AUD/USD – Short Australian Dollar Play in Play
0.0 00 AUD/USD (0.7019) Points to consider in this Forex market: The Australian Dollar is digesting losses after moving lower. Short Position now in play Short AUD at 0.69 The AUD/USD Forex market is consolidating after …
Read More »S&P ASX 200: Aussie Equities Rebound in Asia
0.0 00 S&P ASX 200 (4,864.00) Should the rebound gain traction, look at resistance at 4,998/5,000. Near term support is lining up at 4,860 Trade strategy: Stand aside The S&P ASX 200, Australia’s headline equity index …
Read More »The Yellow Metal and Oil Have a Good Day in Asia
0.0 00 Talking points to consider in this article: Gold prices calmed down as buyers came out during Asian market hours. WTI Oil prices bounced back even though inventories continue to rise. Copper prices also rose …
Read More »USD/CNH: PBOC Injects Liquidity in the Markets
0.0 00 The People’s Bank of China (PBOC), China’s central bank, has been doing a lot of late to rile the markets up. Over the last couple of weeks they have played with the yuan rate …
Read More »USD/CNH – Intervention Risk is Turning the Market Upside Down
0.0 00 Talking points to consider in this Forex market: US Dollar finds some point and sees a sharp gain. Too much intervention risk to justify any trade. Trade strategy: Stand aside The USD/CNH Forex market, …
Read More »EUR/USD – Short Euro Trade Now in Play
0.0 00 Points to consider in this Forex market: Euro has been struggling at the channel top even though money has been flying in thanks to risk aversion on Short sale trade now active above the …
Read More »Crude Oil Hits a 12 Year Low on Today
0.0 00 Points to consider in this article: Gold is still higher thanks to risk selling. Heavy oil trading volume after an International Energy Agency Report. Copper moved lower after rallying yesterday. Let’s get started on …
Read More »EUR/GBP – Hanging Man Hints at a Move Lower
0.0 00 EUR/GBP (0.7626) Points to consider in this Forex market: The euro’s recover stalls below the 0.77 pivot. The EUR/GBP has hit a fresh yearly high. Still waiting on a clear short euro sale signal …
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