Weekend Analysis – GBPJPY TP1 on the Bearish Bat (+225pips) & running
This GBPJPY trade triggered over 2 weeks ago finally hit the intended TP1. Closed off half a position with a +225pips profits. Looking towards the next target for a 400pip gain.
Weekend Analysis – AUDUSD Bouncing off the 2019 Lows
After the RBA 25bps rate cuts, the AUDUSD dipped and got support at the 2019 lows. Since it has bounced up over 100 pips from the lows.
Weekend Analysis – CADCHF Sell on rallies
The Bearish Bat Pattern on CADCHF is still intact, targeting for 0.7380. This bearish bias lets us look to sell on any rallies.
Weekend Analysis – EURGBP Bouncing off Support (+64pips)
As the clock ticks down towards the 31st Oct deadline, the market is becoming less optimistic that the UK government can negotiate a deal. The idea of a possible ‘No Deal’ scenario is alive.
The Euro Zone was bombarded by a slew of poorer than expected Manufacturing and Services figures last week. Then the pair started to strengthen towards the end of the week.
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 the UK government can negotiate…