Tuesday, May 29, 2018

Preferred Strategy: for EUR/USD: Eurzone money markets significantly reduced rate-hike bets - Reuters

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According to (Reuters) -Euro zone money markets have significantly reduced their expectation for a European Central Bank (ECB) rate hike in June 2019, mainly in response to the Italian political tensions and slow economic  growth.

The chances of a June 2019 rate hike has to 30% after having been at about 60% last week 

Preferred Strategy: for EUR/USD: Open Sell positions at highest points possible.


Tuesday, May 1, 2018

USD/JPY headed towards 110.80 levels

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A break above 109.55 for USD/JPY pair suggests that the move could continue targeting around 110.80 levels.


The preferred strategy for today is to buy on dips with TP at 110.50 

Monday, April 30, 2018

South Korea may just be the bridge US and North Korea Needs.

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Recent reports - (Live squawk) have revealed that South Korea is seeking to have a trilateral meeting with the US and North Korea between the period June - July the year.  


Tuesday, December 5, 2017

TODAY’S TRADING STRATEGY FOR THE $USD/JPY

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$USD/JPY – Open Buy Position at $112.20

  • USD/JPY has remained relatively strong on Tuesday as risk appetite improves.
  • The pair recorded daily Highs at 112.67, unable to approach the cloud top at 113.08.

  • further consolidation likely ahead of the US Jobs report, Friday.


Monday, November 27, 2017

TODAY’S TRADING STRATEGY FOR THE $USD/JPY

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$USD/JPY – Open Sell Position at $111.32

Sunday, November 26, 2017

TODAY’S TRADING STRATEGY FOR $BITCOIN

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$Bitcoin – Open Sell Position at $9,249.60 
                                                                           to TP $8,550.75

Thursday, November 23, 2017

TODAY’S TRADING STRATEGY FOR THE $USD/JPY

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$USD/JPY – Open Sell Position at $111.35