Then again the markets are going to wake up to bad news, so it may be better to stand aside till things settle.
Euro selling seems to have stalled out again at 109.95. 110.50 a big target now.
Risk off isnt working, when all signs point one way then it stalls out it's often a setup for a move in the opposite direction.
Oil cant keep a bid despite obvious security threat, usdjpy sold off hard, not sure what's holding equities up at this point. Sp down only...
Watching gold it has a big head and shoulder on the daily and looks like its hit resistance at 1520 but I dont think I'd want to trade it short...
Whoa. . .
Euro has broken a large triangle on the, say, 4 hr chart. Then retraced a bit. So you have a pretty clear A-B setup. Backdrop is the Aussie very...
Wow, I think we might agree on something. Haha. Aussie has looked stronger, btw. Probably all the lesser currencies will rally first. Saw some...
1.1050 key area Euro usd. That looks like a successful retest of the recent lows. Usd now on the defensive, equities really strong and climbing a...
Pretty weak rally against Usd so far.
Momentum has shifted back to bearish Usd. Not really what you would call a trending market yet. Watching usdcad especially, seems to be holding...
I mean the momentum has shifted away from the Usd. I dont include Usdjpy, as I dont see the correlation. In the past few months the momentum has...
I believe the situation at hand is you have the herd conditioned to buy Usd on pullbacks. They will pounce on any weakness in the majors and try...
Multiple failures .6930 area AussieUsd.
Dollar long trade is also a very very crowded trade, per Chicago IMM figures.
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