EU hit the 1.1 important psychological level. an important zone of profit taking long side and ideal entry short to target the existing range low for removing some risk.
objective target of no bottom wick hourly below for the weeks first move.
Due to .66 suspending price the next objective level would be .67 area. for usd pce bearish data set projection. might gyrate up and down. but low of day should be max. -17 pip or so.
AUDUSD is at last quarters open and quarterly supply. looking for NY noon hour to set current high of day and to potentially cool off prior to close with a scalp target of the no bottom wick hourly at today's open for aud cpi event volatility. trade safe, trade smart, manage risk. respectfully Artision
Looking test the 1.095 resistance potential on EU.
Yesterdays close on EURvsUSD is a potential bearish pin close. with a target of yesterdays lows for event volatility into tomorrow. Looking for entry an hour prior to gage what level it is it. tentative look. would like a weekly open spike. which may or may not transpire. looking for hod to be set first. max upside on the day 10 to 25 pips. trade safe, trade...
A 2nd position for EURvsUSD slightly above 1.095 was taken as a fade asia strategy last night. 75% removed at target.1.095 area short still running looking to add into any pops in price thurs night for London session EUR pmis release. stay tuned will post a few minutes prior to release positioning for the event release. trade safe, trade smart, manage risk....
looking for this to be a potential turn. for -1. to 1.6% downside on thurs and friday
Despite the medium term uptrend related to fed speculation of a rate cut in march. which may or may not be realized. a position to fade the strong up move last week for next week on Thursday London session may yield potentially a 1.62% drop in EURvsUSD for a fade trade if price behaves similar to last repricing. dxy yearly open is 103.5 looking to see if price...
2nd attempt at shorting EURUSD today. the first was taken a bit to soon. looking to feeler in EUR vs USD short as it approaches the 1.09 to 1.1 price level. Sept high of month is taken out. The quarterly bearish engulfing candle open is just above 1.09
The fade may not work out. It is mostly taken due to usd cpi downside target on dxy being achieved on the week. early week.
AUDUSD. Long target exceeded for usd cpi. 75% off.
Looking for potential to see if 106 is near the top of next week's range. it was a bearish engulfing last week. with this week being an inside candle. a potential exists for bearish continuation next week following a favorable usd cpi reading within expectations or a market miss. given the price of oil and the recent usd bearish trend of data. looks to be a...
If yesterday's candle marks the near term low and today is the resumption of upside. Also the down move has taken 5 days to topple 3 days. which brings some question into whether AUDUSD moving forward into the years end will remain bearish.
AUDUSD is holding the day's range. Looking for today to mark the turn to resumption up. with AUD interest rate increase and usd cpi early next week. looking for a retest of the breakdown candle for removal of 75% for each long position.
AUDUSD is near last week's open. potentially a good spot to see if a long for next week works out
Will remove 75% at target. into tomorrow. Since there was a cash rate raise. The long is potentially still valid.
75% off short entry at support. Even the the AUD central bank rose rates the momentum of the event triggered the short entry. The buy the rumor might have been priced in. or a larger pullback toward lower support will receive a potential bid to continue up. standing by for market developments