constantinegum

constantinegum

From my point of view we had a clear rejection of the 154.900 resistance.Buyers seem to have no interest in this price range,and probably will try to reevaluate their longs at 151.500 in wich massive sellside liquidity rests. Of course i might be wrong , i emphasize that this is my personal evaluation . Always do your own research before taking live action

constantinegum

Expecting the CPI from New Zealand later tonight to be a bit on the soft side. Why? China should be exporting some deflation, RBNZ is super tight with rates at 5.5%, and CPI in Australia printed on the soft side two weeks ago. So… We like the risk reward of positioning for a weak CPI tonight and a more dovish RBNZ ahead. That should soften the NZD, and lift...

constantinegum

Intraday bias in GBP/JPY stays on the upside for the moment since bullish structure is still intact ,but if you look at the daily chart i think we have a more comprehensive story .There is a clear rejection from the previous key weekly level .I expect the price to probably swipe the resting orders sitting above this key level of 188.700-188.900 and...