Weekend Analysis – GBPJPY running +158pip profits
Market Outlook and Analysis (Oct2019 Week1) Currency Pair: GBPJPY Fundamental Analysis – GBPJPY As the clock ticks down towards the 31st Oct deadline, the market is becoming less optimistic that…
Market Outlook and Analysis (Oct2019 Week1) Currency Pair: GBPJPY Fundamental Analysis – GBPJPY As the clock ticks down towards the 31st Oct deadline, the market is becoming less optimistic that…
The Brexit news will be the catalyst to move this pair. The lack of real optimism has been limiting the appeal for GBP. The pair getting resisted with a Bearish Bat presenting itself at a Sell Zone.
CADCHF is a strong candidate to be my star favourite pair for 2019. The rule of the game is to trade it as you see it. Follow the predefined rules and trade them accordingly.
The risk off sentiment received a breather as China and US set to resume trade talks. We saw the USD losing strength as traders move away from the safe heaven currencies. USD weakness also partially caused by the NFP data coming in weaker than expected.
AUDUSD was in a consolidation mode for weeks and the Harmonic Pattern captured an simple +62pips last week. This coming week is filled with lots of Economic Data, expecting a break out of this consolidation