AUD/GBP Tringle Breakout at bottom.....Long and Short posibily! After cutting the interest rate (RBA) on a new record low 2,00% (2,25% before) and a coming economic quarter forecast update a friday, so there could be a very nice move in the breakout direction! All eyes on the interesting support or resistance level!
Similar to CADJPY. Could the postponed japanese stimulus leaves margin to an appreciation of the yen?
LOCKED IN PROFITS AND MY NEXT TARGET IS AT THE PSYCHOLOGICAL LEVEL AT .1.00000 RBA GOV STEVENS SAID RATE CUT IS POSSIBLE AND THAT THERE IS A 'VERY' GOOD CHANCE AUSSIE IS LIKELY TO CONTINUE FALLING. THIS IS A VERY DOVISH COMMENT AND I BELIEVE THIS WILL WEIGH ON AUD THROUGH OUT THE REST OF THE WEEK. ANY RALLIES WILL PRODUCE A OPPORTUNITY TO SELL AT A BETTER PRICE....
The ichimoku chart shows that DOWI will go a little bit on the upside, but indicators show that there isn't a lot of room left on the upside. Tenkan Kijun twist may occur inside the cloud wich would announce a soft upside. Having an eye on the Kumo cloud and particularly on the next days show that there is a twist and confirme a reversal, at least a correction...
EURGBP has been trading within a bullish channel since March this year and on Friday closed significantly outside of it, the pair is also trading above the 20MA, which has provided strong resistance while in the channel. Thursday is obviously the date this week everyone is looking to is both the ECB and BOE rate decisions.
I think it will affect to try 2,25 resistance after moving up the channel. Divergencies at CCI and RSI confirm it. What do you think?
In principale market has already priced ECB interst rate decision i.e to lower the interest rate and refi rate to negatif. Therefore is no decision is taken, Eur will jump high against USD. If the decision of ECB is limited to interst rate cut, then, there may be a swift move down to 1.355 or even bellow to 1.352 but the buyers will come back on the market,...
This chart tries to demo gold price, dollar and interest rate can go same direction at times. So rising dollar and rising rate do not necessarily mean lower gold price (but most of the time, yes).
Real time daily price for BTC and rate with majors currency exchange or other cryptocurrencies (litecoin, namecoin, novacoin, primecoin, terracoin)