USDCHF D1 - Carried forward from last week, big daily S/R structure here, seen the downside break, looking for the subsequent retest and to find resistance at circa 0.90400. No stacked confluences here, just a simple break and retest of daily S/R, daily candlestick confirmation would be a must. Probably be more inclined to use this pair as a comparison pair, to...
Here is my thought process behind why I have a bearish outlook heading into 2020 - please note that this is the second time that I have ever published analysis and this is just me synthesizing a bunch of ideas. I'm going to start off with the lighter ideas before moving on to the heavier ideas...
1) We are in the late stage of the economic cycle... this is the...
Well referenced political news is important.
Sterling could see serious volatility next week if political pundits are correct about Theresa May being forced out of her premiership next week in relation to Brexit confusion.
Rival MPs are already jostling for position as Wednesday is the big day.
The uncertainties could send GBP pairs into high volatility...
Two days before the first round of the presidential elections (23 April), the uncertainty remains high. Take the opportunity of a risk-friendly scenario or a strong risk aversion scenario by pending orders of both sides. The nightmare scenario for the market would be a second round between Far-left and Far-right candidates. Trade the EUR against JPY, considering...
