The EUR/USD pair likely to stay between 1.18 and 1.15 for the time being.
On a break above 1.1850, we are talking 1.20
On a move below 1.15 we are heading to 1.14.
I have a SLIGHTLY negative bias still.
On a break above 1.1850, we are talking 1.20
On a move below 1.15 we are heading to 1.14.
I have a SLIGHTLY negative bias still.
Hi all, you will now be getting one setup a week in here.....have a lot of changes in store for 2026!
🔵 Bullish Set Up🔵
Today we bought GBP/JPY
211.6
Invalidation 210.1
Potential profit taking area 215
- carry trade still strong
- BoE slowly cutting
- risk appetite good
- JGB rates showing concern
Today we bought GBP/JPY
211.6
Invalidation 210.1
Potential profit taking area 215
- carry trade still strong
- BoE slowly cutting
- risk appetite good
- JGB rates showing concern
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Anything below 0.5825
Could reach as low as 0.5620
Could reach as low as 0.5620
Looking for an easier way to trade the commodities move? I am buying TSX in Toronto. It's their index, full of commodity names in gold, silver, oil, and other minerals.
Still waiting for a DAILY CLOSE ABOVE 7000 in the S&P 500 with volume. Looking for a move to 7200 or so.
Looking at the possibility of USD/JPY breaking higher. However, China is closed all week, and the US is closed now. If USD/JPY can break higher, then the Nikkei can break higher as well.
UK100 continues to move to the upside. Looks like we will continue to see buyers......
outside of Asia (Japan, S. Korea, etc), UK 100 is one of my favorites.
Watch Core PCE tomorrow. It is a major factor on where the USD goes. Expected 0.2% month over month.
Keep an eye on the US10Y chart on Tradingview. It's the 10 year yield. 4.3% is crucial. Above there - the USD does fairly well, below it - gold performs. Not a perfect level, but another "general guideline" to watch.
Watching EUR/CHF tomorrow, with inflation year over year coming out. Anything above 3.2% could send the pair higher......pullbacks are still buying opportunities near 0.91
bought AUD/CHF today, with a stop below 0.5620
I like the interest rate differential, and it avoids the noise in the xxx/jpy pairs - specifically the usd/jpy pair - although I am still long there, and have been for almost 1.5 years.
Bank of Switzerland has no interest in a strengthening CHF, and the RBA could hike. This one GRINDS, but likes to trend for long periods of time.
I like the interest rate differential, and it avoids the noise in the xxx/jpy pairs - specifically the usd/jpy pair - although I am still long there, and have been for almost 1.5 years.
Bank of Switzerland has no interest in a strengthening CHF, and the RBA could hike. This one GRINDS, but likes to trend for long periods of time.