MoegoTraderKeezy

AUDUSD sell. Until news break.

Short
MoegoTraderKeezy Updated   
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
πŸ””πŸ“£πŸ”ŠπŸ“’πŸ“’ Price(πŸ’Ά): ⬇️ 1.0199%, market sentiment(πŸ’š): ⬇️ 11.03%, message volume:⬇️ 7.33%.
USD STOCKS (πŸ“‰): SPX:⬆️ 1.31%; ICIC: ⬆️ 1.01%; VIX:⬆️ 15.96%. AUD STOCKS: XJO:⬇️ 2.19%.
US daily news (πŸ“…πŸ“‹): BLM protests and riots, cops killing citizens increasing. US economy news (πŸ“°πŸ’°): Ended last week (Thurs-Fri) fundamentally strong πŸ’ͺ🏾. Stocks turned around after strong plunge. Today’s USD economic news (πŸ“…πŸ’ΆπŸ“°): πŸ•° 8:30- Empire State manufacturing index. 11:00- FOMC member Kaplan speaks. 4:00 pm: TIC long term purchases. Australia daily news (πŸ“…πŸ“°): BLM protests extend to Australia. Trade tensions with China becoming more serious. China sentenced an Australian to death☠️ adding to already worsening tensions. Branch stacking scandal. Potential boost in Australia’s spaceπŸš€πŸ›Έ industry. Australia economy news (πŸ’°πŸ“°): Fundamentally neutral/unaffected last week. Stocks started bearish trend without reversal. Today’s economic news (πŸ“…πŸ’ΆπŸ“°): 9:30 pm- Monetary policy meeting minutes; and HPI q/q.
TECHNICALS: πŸ“ŠπŸ“ˆπŸ“‰πŸ”Ž Day πŸ“… chart- Bullish overall trend currently seeing correction waves. Bouncing off 50% fib retracement; could continue bullish trend or test 61.8% or 78.6%. Williams alligator 🐊: reversing, heading down. Keltner channel: closed inside channels, playing off 20 MA. Stochastic: crosses in β€œoverbought” heading down.
1 hour chart πŸ•°: Trend- bearish. Coming up on the 38.2% retracement; expected to test the divine proportion or the 78.6% area before possible reversing for the correction waves. Willams alligator 🐊: Going down, seems to have started to level out. Keltner channels: bouncing off the 20 MA in the lower half of the channels. Stochastic: closed in β€œoversold” and looks to be staying there.
Looking πŸ”ŽπŸ” at the candles we can see that they are pushing through each baby🚼 bond area (0.68600, 0.68400, 0.68200, etc.) but struggling 🚫🚫to break back through. We’re seeing a lot of strong bearish candles with a lot of wick action at the top showing strong sell signs. πŸ’²πŸ’²
Comment:
Fundamental update: πŸ‡ΊπŸ‡Έ: Empire State index recovers in June from two months of record lows.
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