- Fib rejection - Price continues to obey 4hr trend line - Boris Johnson elected as Prime minister, (Hard Brexit) creates and complete disregard of the Irish backstop
- 108.000 support to break - DXY pullback - 1hr trendline breakthrough
- GBPUSD BUY at 1.25000 - Based on 4hr trend line break out + inverse heads and shoulders pattern price to still reach neckline and possible breakout for continuation - DXY pullback from 97.70, although 4hr trend is bullish, daily trend line is bearish - CS pound has seen significant strength, since Boris Johnson being elected as PM for now - However “Like his...
"The Australian Dollar (AUD) declined heavily on Wednesday after the forward-looking employment indicators flashed red signals. The employment component of the CBA/Markit Purchasing Managers’ Index (PMI) and Skilled Vacancies for June both increased the odds of the Reserve Bank of Australia’s (RBA) bearish bias" "Speech form the RBA’s Governor Philip Lowe will be...
USDCAD SHORT ENTRY 1.3100 - RANGING MARKET BREAK OF SUPPORT LEVEL