If we just put aside that little fact, what is obvious is the Ascend Angle from the February 12th – it is Corrective and not exactly Bullish.
It might prove exactly right after ECB decision …we’ll see – anyways I do not trade just prior to such a big events ( even when I know they are hollow ones – but maybe that is even more dangerous )
JP – I’m long UsdChf with you and have a resting buy in Usd/Cad lower toward the figure. On the side, EurJpy is virtually guaranteed to get to 162 at least ultimately in time.
Entertaining the sell side of GBPUSD from 2727 and EURUSD m from 0877. Do not see either pair accelerating substantially from here headed into NY with Fed speak on tap. Could be a stale day pre-Fed speak.
Will sell EurChf 9635 if seen…UsdChf bid flows are holding it up for now. Chf pairs are receiving the money flow so far today. 10yr Yield is not happy around 41.40 and so it may well pick up either today or tomorrow from the 41- 41.50 area. Big day tomorrow fundamentally so expecting flows to not be very aggressive today.
UsdChf is receiving best money flow today, other pairs are very quiet and is being bought. See 8840 likely being revisited at some point regardless of price activity and prefer the 8810-20 area for buy entry if seen. Needs to be viable in relation to fundamental conditions (elections/data and such today). EurChf is lofty so it either breaks out or fails well with decent conviction on the sell side, if S/P futures continue to sag it may put a cap on this pair.
EURUSD is sooo undecided Intraday, that trying to get more then 5 pips per trade is close to impossible…now they are trying for the downside…but that can be misleading as well..
Author
Search Results
Viewing 20 results - 2,781 through 2,800 (of 3,017 total)