Gold Trade idea - looking for better buy opportunity's 1897 or a deeper correction of 1883. Monitor US10y and DXY.
GU overall Bullish as long we get USD weakness gu should be bullish.With GBP headline being postive vise versa for sells
EURUSD - Safe buys above 1.22400. Sell opportunity if a break below 1.21800, break of structure and retest.
GBPJPY - Just to be aware of the range forming between 155.000 and 153.500. High risk buys at 153.5 or safe buys above 154.8. Sells only a break below 153.5 with a break of structure and retest added JPY strengh. Overall GJ is bullish so wanna watch pull backs for better buy opportunity's.
AUDUSD Trade idea - I'm looking to see commodities like copper and iron to remain weak with USD strengh. If price action can remain below 0.778 can get a nice scalp sell.
GBPJPY trade idea - JPY had bad CPI and PMI data release, so im expecting JPY to have weakness but not seeing it yet. Technical - For a long trade wanna see price action stay above 154.200 with lower timeframe support form. But best option is to wait till London for more volume but its something to pay attention to.
GBPJPY - So far gj been in a range around 154.2 -153.5. Will watch how price react around 154.2. UK equities are bullish, Optimism market so far. Just watch JPY to see if there's strengh or weakness.
AUDUSD Trade Idea - looking at AU longs as a possible by setup. If we continue to get optimism in the markets with DXY weakness. Also pay attention to commodities (Iron) movement as it can affect AU as well as china. Technicals - Major support level 0.7700 has been respected with lower time frames making Higher highs from 0.77300.
Possible scalp short. want price to remain below 154.000. UK stocks remain bearish JPY strengh
FOMC Minutes talks about tapering. Watching vix see how it impacted equities VIX bullish equities will drop
GBPUSD Idea - GBP still very Bullish wanna see support form around 1.41500. If fail to hold will wanna get better buys at 1.400. Monitor DXY and GBP Brexit headline aswell.
AUDUSD Idea - So far price action showing support from 0.7730 will look for longs if price action continue to hold support. But today we see weakness in Commodities like copper and Iron. AUD tend to follow strengh and weakness on those commodities. So will be patient for now.
EU overall have been trending bullish. Daily broke and closed above 1.2200, For continue buys will look for lower time frame support to form with DXY weakness to continue. For Sell wanna see more Lower lows to form on lower time frame with with DXY strengh picking up, Breaks and closes below 1.2200
Looking to go long if DXY continue weakness, it will bring strengh to xxxusd pairs. a support was formed around 1.4180 will go long if price stay above. Will stay out if breaks below
Im being patient with GJ so far as Yield spread is flat. Waiting for price to break below zone to continue shorts with JPY strengh.
Waiting for price to close below 1863.5 to continue shorts with DXY strengh.