Victor.Y.F

Welcome to the Oz land - from the movie "the wizard of Oz"

Victor.Y.F Updated   
FX:EURUSD   Euro / U.S. Dollar
17
The Euro dollar and the US dollar are both tightening.
In a condition where is lack of circulation, the forex market is moving more and more like commodity market and stock market. From my point of view, now we have to look for those commodity patterns. You may have never seen them before. There's no stop loss in commodity market and stock market crashing, it's not like the forex market, ok?
Please, please, be careful traders. The wave could be huge during the USDCNY is pegging.
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The linear trend line and the 10 months SMA is retested and holding.
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We've seen a 6.56% gap in Australia Government Bonds 2Y yield chart today, it looks like an hidden 2 year bonds interests hike is going to reach a target 2% soon. A blue sky.
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7700 an horizon breaking to the blue sky. We still need it close above 10 months SMA at the end of the July. A triangle is a three wave looks like a 5. Now the monthly chart is turning to bullish, yearly chart is still bearish. Oz has something to do with a stock sector of miners because more interests in there. Be careful of gold, it's a negative interests if you hold it for longer time. Meanwhile the DXY may bounce off.
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This is not a signal service.
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Welcome top authors to contribute a AUDJPY weekly chart, then we may discuss USDJPY target and XAUUSD, the later one is very confusing now.
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Some mathematics here: (Those are long term targets may not reach)
If Oz=1.0 and AJ=107 with A shares new highs in 2 years, (DAX30 and SPX500 are going higher too, risk on sentiment released from dollar hikes stopping, but be selective, quit FANG buy banks, industry, miners)
then UJ=AJ/Oz=107/1.0=107, roughly around 107, now we're at 112.48, so it's a kind of ranges. The DXY shall support inflation and the weighted YEN shall support indexes, they are canceling each other to form some range trades or channels.
If Oz=1.1 and AJ=103 with a market crisis, (there will be a crisis in the future)
then UJ=AJ/Oz=103/1.1=94.54, roughly pull back to 0.7 fibs from 2011-2015.
Now we can find XAUUSD levels if there is correlation of keeping on with UJ.
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OMG...After July monthly close I will update some publishings.
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My first AUDUSD analysis published on the 5th. Jan 2017, EURUSD analysis published earlier almost at the same time. All fits the market moving now... sometimes I can't believe my working myself. I can't show them for they're very long term predictions.
It's good to keep humble on the right side of the market.
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Please click MAX to see the huge triangle from 1950's to 1970's.
tradingeconomics.com...tralia/inflation-cpi
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The RBA's Lowe is underestimating the inflation's bursting out or saying it's a trap. Every thing is based on technical chart, central banks can't stop the market. They usually follow it.
Source:
www.fxstreet.com/new...umption-201707260348
The SSI is 80% Vs. 20% net short on AU now.
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OMG... told ya...
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We're pulling back to 7700 level soon, as predicted on 15th. july 2017 with the weekly chart showed above.
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Landing on an horizon 7700 area where's been predicted before... 8125 new neck 7700 new right shoulder looks likes ideally go to 1X head shoulder PO target. Meanwhile the UJ target which was calculated on 15th. July 2017 should have a reasonable solution.
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OZ is still in a correction range, wait for the hike Christmas.
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Commodities currencies huge waves ahead but not Kiwi...
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Source: Wikipedia, British, Commonwealth,
"In 2016, the Commonwealth members had a combined gross domestic product of over $9 trillion, 78% of which is accounted for by the four largest economies: United Kingdom ($2.629 trillion), India ($2.256 trillion), Canada ($1.529 trillion), and Australia ($1.258 trillion)."
Without India, UK and Canada hiked what's the Oz waiting for? On 7th. Nov. 2017, an suddenly hike is predicted. (the funding currency and the commodity currency are differently)
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Still insists on the Oz hike in Dec. 2017 before the FRB's hike.
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More confidence in the Oz hike. The RBA is underestimating the inflation future. The sooner they hike the better they are ready for the future. Because the Oz weakness is pushing Australia inflation into a condition of losing control. Also if they are late, later hikes may have to be huge enough to harm the Australia economy growth, bad for housing but good for miners. Looking for a bright future in miners.
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Please Look for the title chart, triangle is now back to the E point for a decision making, technically speaking.
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Central banks usually were causing inflation failure, during the food inflation switching to the core one from history chart point of view.
Be careful guys, Pros should've quit the market before the hike. We suggesting investors avoiding trading in the end of 2017, our investment in the Euro and the core one should've been fruitful already.
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Also if the FRB is still hiking during 2018, then we should have a longest hiking cycle from 1983 in the USA. This history record is making by the Renminbi's non hiking in deposit interests which is a coward since 2015.
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The Oz. cash rate should reach 5.0% after Australia 6-8 years hiking cycle, where could be higher than 4.75% in 2011. Trump should’ve served 8 years till then... and an human culture movement 10 years ( 2014-2024) cycle ends there.
Yes, I am predicting Trump’s second 4 years now.
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The RBA Lowe is talking about the hike today but also saying keep patient. The problem is that the chart published on 16th. Nov. 2017 is telling us they’re already too late... Some one is patient but others are angry, so the patient should be taken care of if the inflation fails like that.
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Need a lift from the hike soon, this one has been squeezed already.
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Source: ( news in Chinese)
www.sohu.com/a/209568591_162522
As predicted before, Turnbull now.
We’ve seen that Chinese students have been attacked in Australia. ( There’re many western countries have Chinese people murdered incidents and cases are growing up with numbers. ) What’s happening in Australia is good for Oz. but Kiwi looks like rigged by China, temporarily.
This is a culture movement but China government is still ignoring the phenomenon of the global isolationism. The global Anti-Chinese activities shall begin soon, from culture movement point of view, this may be lasting many years.
They are meiwenhua, like predicted 5 years ago.
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To be clear, We don’t trade news and accidents and incidents. We’re not animals.
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Oz. could go lower to 7200 after a limited higher. This’s saying US dollar rises with stocks crashing and AUDUSD is down too. If the hike couldn’t help it then President Trump will use his wild card “Dodd-Frank Wall Street Reform and Consumer Protection Act”. The key to the miners success is the law.
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Merry Christmas and happy new year!
We're updating some charts as we've promised before!
Oz. will go higher with US dollar until stocks squeezing raises US dollar rapidly. At that moment, Oz will crash lower, maybe lower to 7200-7400 area but limited by its weekly implied volatility.
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We're correcting now. The Oz. is very political and trades influenced.
1; 2 months correcting until the hike on 22nd. Mar. 2018
2; quickly correcting into fibs cloud be 0.618 or lower
3; watch OBV for Turnbull visits Trump making trades deal on the end of this month
4; watch for RBA hiking but less likely
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As long as the US dollar in an hiking cycle the inflation should go higher. The US dollar rising will always do harm to all markets, but corrections will happen.
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No hike in Oz. today, now we're watching Oz. dollar very carefully. Because the indexes are crashing, the capital will go to core one or not, it's our key to the future QE. Technically speaking, T1:7740, 7700 horizon, T2:7637, 7512 final battle.
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We're looking for Oz. dollar daily chart 4th. wave completing above 50% at 8185 level, details on chart.
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BE at 0.78639
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Please wait for 7700-7740 traders need to know, the market has price distributions and EW wave structures.
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Please wait for 5th. March RBA decision, if we don't have an hike then 22nd. March FRB decision. The market is well controlled as "regular" very useful.
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Monday is the key to our future.
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Well done. We don't trade news, NFPs, interests decisions...
We believe in charts...
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1; On Dec 10, 2017
"Comment: To be clear, We don’t trade news and accidents and incidents. We’re not animals." ( We told you guys many times "we don't trade news" )
2; On Dec 19, 2017
"Comment: Oz. could go lower to 7200 after a limited higher. This’s saying US dollar rises with stocks crashing and AUDUSD is down too. If the hike couldn’t help it then President Trump will use his wild card “Dodd-Frank Wall Street Reform and Consumer Protection Act”. The key to the miners success is the law." ( We've mentioned 7200 already )
3; On Feb 9, 2018
"Comment: Please wait for 7700-7740 traders need to know, the market has price distributions and EW wave structures." ( We have 7712 low and now rising )
We don't know Korea and North Korea peace 3 months before but we've pointed prices and structures very very accurate.
A good lesson here if you can read English.
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We should've a higher low price as the preparation of the regular hike. Next Monday a new president of PBOC will be set.
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How low we could go before the hike? This failure could cost an huge stock market crashing one month later. If this is a market default then it's ok for FRB to start a new QE for all good soon, a shock therapy.
AUDEUR is in danger.
BE CAREFUL HERE!
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Here comes the joke.
The ECB will say the EU zone inflation target has been successfully achieved by -2.0% in a negative condition. Congratulation! After AUDEUR is down to 0.5000!
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Source: BBC news
www.bbc.com/news/av/...t-do-we-need-to-know
The iron ore futures is the key to a bright market future in the USA for 7 years later. Importers in USA should understand that President Trump steel tariffs is the key strategy for good of all. It looks like a trade war but if analysts can identify the background then the truth has been there already.
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FXCM's data 0.76787, ICE's data 0.76760
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Breaking lower to trend line 0.7600.
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The deference of a triangle and a WXY
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We're observing the Oz ( and the iron ore futures) monthly close level, very carefully. If this fails, all market will have default in several months.
For now, we're still optimists.
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The monthly close level is a key to the USA market future, we're gonna see if this hike on 22nd. March is a "disappointed" one or not, just like the one on March last year. (monthly level should be closed above 10 months SMA would make an healthy condition)
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"Disappointed" one...
Breaking into lows now. The market is proving that FRB didn't hike at all. We have doubt every thing what the central banks are saying.
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This one is really lagging in the forex market now... we will revaluate it later...
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We've evaluated the market condition again. The first season of 2018 is still healthy for now. Let's see if this is failure or not.
Comparing with the 2004-2006 FRB hiking cycle, from 1.25% to 5.25%, 16 hikes, each one is 0.25%, during 24 month.
We calculate a same cycle within 8 years. So from 2015 hike, we have 16 hikes, each year only has 2 hikes, on June and on December. Of course the March hike is a "disappointed" one.
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Should go to 7500-7530 area in a month, wait for the May.
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This month Oz. may be closed ugly, lower to -300 pips below 10 months SMA, around 7450 but it's still good.
We believe in the market, we doubt everything what central banks are saying. ( where those hike happened and happenning )
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Lower to 0.7433 and all good.
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We can go lower from here with China stock crashing and the trade war treaten to the iron ore futures, before the US dollar devaluate again. We've seen some analysts to call a new high in the DXY, it's almost impossible from our point of view.
They will devaluate US dollar again, no matter you guys believe it or not, but just not now.
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After the RBA decision, the Oz. has a bright future but we have to wait for the DXY higher and China market squeezing is over.
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Be careful guys, Oz. may hike soon, RBA decision on August 8, this fits the Renminbi basic deposit interests hike too.
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Iron ore futures
DJUSST US steels
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Focus on the Australia political movement and the RBA decision on Sept. 4th. We've predicted Oz. hike already, the RBA should've hiked long time before, delayed by 3 years just like PBOC.
Let's see...
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Now it’s settle down. From Turnbull (which has turned bull) to Morrison ( which has more rising).
This’s a joke, right?
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Be careful guys... RBA may raise interests tomorrow... or the FRB reboot the second cycle, either way the Oz should surge... aggressively. The purchase power of Australia Dollar has been undervalued which is saying an investment opportunity here.
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China has been in a trouble (slow suicide) for many years.
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Today the Oz is showing a little bit strong, either way, it should benefit from the Japanese Yen weakness or the US dollar devaluation. We’re looking at EA too, the pair should move with EU zone core inflation higher.
“918 incident” memorial - China market is showing a first dawn with today’s volume growth, but technically speaking we have to watch it closing above 10 months SMA with monthly volume continuing growth and the trade war talking softened. Should take time and a little late but more safe, from investment point of view.
Compare with the iron ore futures market, this’s a little lower.
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Chinese traders and our followers on TV should have known that the 2015 bull market in China market, it was the negative interests selling. So technically, we should have a new one after the inflation reset to zero.
China market traditionally rises with the iron ore price and the DJUSST, that’s why the automobile trade is the key to President Trump.
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The Oz dollar ATR is bigger than the Kiwi, since this month like predicted before, it should benefit from the volatile condition.
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Comparing with the Euro dollar the Oz is undervalued. RBA should’ve hiked but they’re still looking at China... RBA is following the wrong guy.
As we’ve mentioned before, with its bigger ATR, today Oz pull back due to the strong US dollar. But it’s good for AU and AJ in a long term point of view.
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We're closing this case, investors should look at China market for more risks in 2019.
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Australia's finance minister: Australia will move banking supervision from central bank(RBA) to FMA.
Be careful guys, this may result in the hike we’ve predicted before.
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Looks like not reaching an extreme yet, US dollar can go higher to the extreme.
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We suggest traders to look for opportunities in Oz, after the worst data published, speculators should've piled in short already.
From our point of view the Australia core inflation has broken horizon, it shall hike soon.
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RBA may let go...
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The RBA condition has 3 ways:
1; keep easing and let it go (in red)
2; an hike cycle ( in orange)
3; more negative ( AUDUSD dropping and Ordinary rising, USD new highs)
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It's very interesting to see how many central banks agents are watching our analysis, the RBA just said something after last update.
The true is central banks are all wrong, they're bureaucratic, always too late.
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It's unfair for Australian in the forex market. Australia is an island, it should've related to China and Chinese money policy.
Also it's unfair for Chinese, China is a vast mainland, it should've joined forex market to release Australian but IMF let it join SDR.
Now it looks like in red before the hike or more negative.
Please don't follow China for your own sake.
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Please be careful, capital maybe squeezing into EEM market soon...
For the correlations to China market, traders should look for midterm opportunities here.
Our followers should've known that he "midterm" defines many months, before the China collapse.
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The RBA is more rising the interests than the cut, be careful here, most of analysts predict are all wrong, including major commercial banks.
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The Australia election is making a revolution now.
From our point of view, the Oz dollar is too weak compared with the US dollar.
The DXY index doesn't have this currency. The trade weighted dollar index and the FXCM Dow Jones dollar index have it.
Inflation core, miners and the commodities are related.
We're insisting on RBA would hike instead of cut, the RBNZ will cut more like we've predicted successfully before.
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Now the Australia election is settled down. It's very interesting to see that people always win the history after all, the politics in fact don't matter.
Even if the Australia has resulted in the same politician, doesn't mean the money policy couldn't change.
It will change, this morning forex market has shown some good things, the Oz dollar jumped open price higher and the weighted Yen is weak.
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This's not a trade signal.
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The Australia dollar is a miners currency and commodity related, by time lagging which is the capital flow processing needed.
The rare earth resource is a key fighting now. We've predicted miners sector is better than the core, because of the hike is stopped. But we couldn't know it why. The reason turns out the trade war goes to the resource embargo.
China has limited domestic oil resource, this could lead to the oil embargo, the electric cars growth aggressively (Tesla Shanghai factory is receiving purchase orders now ), cheap electric energy Tesla chargers.
It seems like the COP>1 is easily to achieve. The battery is still playing a key role in this free electric energy revolution, due to its low impedance. In fact, the conventional generators can also do over unity. Everything is on the commercial market already, no secret magic here. Just Physics and science with suitable arrangement.
We're standing on the giants shoulders, there's no need to reinvent the wheels.
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To be clear, the oil should become the military usage and the electric is for civilian usage, the OPEC and Russia are still benefiting from selling it.
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The least loser is a winner, today's Oz.
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Breaking news
Source: daily FX, Fair work Commission Australia
www.fwc.gov.au
The Fair Work Commission Australia rises minimum wage by 3%.
See? We've told traders that it will change right? This equals to the hike.
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RBA cut house loan interests by 25 base points, as predicted before.
ANZ bank slashes key mortgage rate by 18bps post-RBA 25bps cut. ( ANZ is eating 7 points by helping banking system recovering from damages)
Australian Treasurer Frydenberg was out on the wires last minutes, responding to the Reserve Bank of Australia (RBA) rate cut announcement, with the key headlines found below.
"The rate cut welcome news for households, business. The expectation that banks pass on rate cut in full." (ANZ didn't pass on it fully but ate it by 7bps )

We want to point out some keys to Australia economic challenges. ( In fact all central banks should do the same except FRB( FED) and ECB, they're going together)
1, the situation Australia now, it is as the same as the 2008 USA crashing.
2, quickly do a QE please. ( there's an hike way to control it but you wouldn't do)
3, be careful with your core inflation, the QE let all prices go for free.
4, the 2008 USA QE is failed because of everything is out of control.
5, gold price out of control in 2011, stocks out of control now.
6, please do not follow Thanos, there're huge risks in Thanos.
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Oz. dollar has dropped 0.38% divided by Yen and has dropped 0.20% divided by US dollar, today many speculators are piling into short it. For us, it's very common to see the drop is deepening when the volatility gets bigger, so when the weighted Yen drops aggressively with the stock markets breaking into historical new highs meanwhile the US dollar maintaining the USDJPY rising. Guess what is gonna happen?
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Weekly closing soon, very ugly here, with China labor report collapsing.
We're warming traders to be careful here, it might force China to hike which is delayed by 48 months. It doesn't have to wait for the July, might be the 19th. June or after the 23rd. June.
We don't have any bias here, the Oz. dollar could collapse with having the correlation of China economy.
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The iron ore futures may have been topped soon.
The futures rising has a negative correlation with the Australia dollar now.
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RBA decision soon, Oz. should've hiked in 2015 but they followed PBOC mistake who is causing many problems now.
Let's see how this ending.
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Still negative, please don't follow Thanos for your own sake.
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The core inflation in Australia has lost control already but RBA is still talking about it's mild. Crazy... Central banks should've been audited seriously.
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Source: fx street, Reuters,
The Australian Prudential Regulation Authority (APRA) Chairman Wayne Byres announced on Friday that the regulator would scrap a minimum 7% interest testing rate for bank customers' loan applications, in an effort to revive the sluggish economy, Reuters reports.
Byres noted: "In the prevailing environment, a serviceability floor of more than 7% is higher than necessary."
"With many risk factors remaining in place, such as high household debt, and subdued income growth, it is important that (banks) actively consider their portfolio mix and risk appetite in setting their own serviceability floors," Byres added.
So the RBA is loosing the risk appetite in banking system, in China the PBOC would loose loan conditions, this will result in stock market rising and those garbage stocks will be transferred into financial system. This will cost the financial stability of Australia in the future.
We're warning RBA again do not follow Thanos, Australia dollar should have hiked 4 years before. Don't lie to your people anymore, the truth is that the core inflation in Australia has lost control already.
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The biggest China steel group has asked Thanos government to investigate the iron ore price unnormal rising already.
For our analysis, this's simply negative price correlation between Australia dollar and the iron ore futures. The commodities market prices are sabotaging by the negative interests, the inflation data history continuation has been destroyed, by the ECB and RBNZ.
Those central banks don't know what they are doing, just like President Trump Twitted.
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Central banks should've been audited seriously, like the RBA and the PBOC. They are responsible for the idealism failure, a new mistake to cover the old one. The worst part is they're lying to people or even they don't know they're lying, either way they're desperately wrong.
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They should have done this early but not, now the movement will be huge.
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AU02Y and AU10Y dropping hard...
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Previously, watch out 2200 profits taking zone.
Head shoulders 1X target.
7 waves since 2008 USA QE.
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In the zone now...... profits taking soon
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Interesting waves in the AUDUSD 1hr chart, it's forming possible 5 waves patterns.
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Seeing 5 wave patterns are building in small time frames cycles from 15min to 1hr, traders should go long from here, in the AU and the AJ may rise later.
Seeing a lot of western people going publicly in China, things are gonna go up soon, We've observed the same leaving China phenomenon on 2015/8, where has been predicted the soft war broken out successfully. But this one here now is just a correction, everything happens twice in this market.
Let's see.......
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Watch out AE too, they share the same inflation in forex market.
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Source: Daily fx, Reuters
Australia major banks refused to follow the RBA rates cut......
See? The RBA is lying to their people and they will get kick ass.
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We suggest traders to invest Australia dollar against US dollar also against Japanese Yen from here. The monthly charts are showing some investment opportunities now.
Please remember that there's no time at all in the universe, only cycles. The space moving is forever. It might be delayed but it would not be absent.
when the move comes, just because of it has been compressed by cycles and has been narrowed by spaces, the same target will be achieved violently.
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Please remember the Oz. has been negative with the commodities, the inflation may crash hard by the AU and AJ rising, the stock markets shall be better.
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The forex market is sick since 2015 ECB negative, everything is negative, commodity market is in a mess now. We don't know how this would develop, central banks are all going to act like speculators, crazy...
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Another negative point of view...
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2019/11/14 Beijing time 15:28
The final wash is coming today in Oz. with bad job news.
This is what we're watching carefully for a long time, investors should've known what we're saying.
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2020/02/21 Beijing time 12:28
Source: FXCM
"ANZ: Australia dollar is undervalued by 4% from its fair purchase power model."
Please wait, the cycle is very late already, it will explode. Which is very very unhealthy. The forex market is a manipulation, from our point of view, this manipulation has gone wrong for 7 years...... It will fight back.
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After checked up some of the capital lagging correlation charts, it seems like 0.60000 is a good point.
We've said this again and again, central banks haven't carefully researched the reason why the USA market needs a QE and what is it meaning. They've made the same mistakes just like Greenspan has admitted and regretted, which is should have hiked but not hiked in 2006. Basically USA financial market is leading 10 years ahead than other countries markets.
Guess what, the Fed definitely watch them eating shit. Of course, a joke please don't believe it.
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2020/03/19 Beijing time 17:09
RBA is eating shit, right? AU is dropping into 911 low point 0.50000. ( today is 0.5509)
This is the consequences where is back into 2015, no hike in the Australia dollar, the same mistake 2006 Greenspan made.
FRB ( FED) is watching central banks eating shit now. ( a joke)
The USA financial market is probably leading other countries for 10 years, if other central banks wouldn't learn from it, the worse point is that they think the QE is a good thing. Then the history will be repeated again.
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2020/04/30 Beijing time 11:34
The 10 months SMA of AU is at 6687, the 10 months SMA 0f AJ is at 7224. If it's bottomed, the price should close above it, then after a set back, an impulse should be underway. Or if it's not, US dollar should go to new highs, where is more squeezing in the stock markets.
It seems like the Australia miners, oil producers, will benefit from export raw material into USA. The Kiwi will go to negative.
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2020/05/05 Beijing time 23:12
Source: FXCM
RBA decision earlier: "Banks are prepared to scale back their bond purchasing." See? the RBA is now telling the truth here. The Australia core inflation is topping here. It will hold in range for 3 years and then going down with stagflation in Australia dollar.
Simply saying the RBA QE is over.
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