Yen closing in on #1
Yen closing in on #1
I took profit on a S&P bullish move I could not resist.
I don’t know where it will go now, but I will wait for nice pullbacks.
1-3 RR always a good bet.
US Dollar surges in afternoon trading as worries over interest rate hike sends stocks lower
Another strong day for the US dollar as stocks again selloff into the close
Just two weeks ago USD was our weakest currency, but with an increase in interest rates coming any day now, we could see a long run in USD strength
USD is our new Top Trade or a continuation of the signal we had back in November, AUDUSD looks good too
im in pepsi and mcdonalds…both holding up well as you mentioned.
Strong end of the week for stocks with NASDAQ leading the way, this normally would indicate a move back to risk-on but our currencies are still moving to safety. Who is right?
What website do you use to get the data to key onto the excel worksheet?
Is there a specific time of getting this data?
Thread has been open for nearly 6 years, do you think the information has not been shared yet?
What do you do on the weekends?
I thought @FOK was replying to Joopre’s questions. I thought these were lame.
Oh I see. There’s something buggy about this site. That post didn’t show up when I was reading it so it just looked like somebody criticising the thread
It has been a great month to be short New Zealand
Note; blue arrow points to entry candle based on SW rankings
I use Tradingview.com for my charts and data.
I try to pull my numbers close to the New York close which is 5 pm est
All green for Yen pairs as we start a new week and wrap up January, we have a continuation in stocks following Friday’s big move, this time led by the Nasdaq which is very bullish
USD was the weakest currency on the day but still holds on to its number one spot, that might be short-lived if the stock market rally that began on Friday and continued today can keep going
Markets are mixed first half of the day
Note; I am traveling today, if I post an update it will likely be late tonight
Sleepy first half of the day, markets might be waiting for US NFP on Friday
A good NFP will likely send markets lower as this will give the Fed the green light to raise interest rates now
Rise in interest rates should be good for the US dollar,
Top Trade GBPNZD has been going strong for over a month now and looks ready to give us a new high and maybe our first 1000 pips trade of the year
there is more before NFP, stay alert
For currency traders, the action heats up in the next 24 hours with the European Central Bank and Bank of England monetary policy announcements on Thursday followed by U.S. and Canadian employment reports on Friday. Even though non-farm payrolls is traditionally one of the most market moving events, we expect bigger moves for euro and sterling on the back of ECB and BoE. Data’s primary value is to help investors anticipate changes in central bank policy and with market expectations set for the Federal Reserve and Bank of Canada, this month’s U.S. and Canadian job reports should be less eventful.