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Short trade initiated on EUR/JPY

TalsikGirl Publicado 1 May  en #Trader's blog #EUR/JPY
Short trade taken as I anticipate the rally in the EURO should face a near-term correction. I am anticipating the "risk-on rally" to stall and the EUR/JPY wedge formation to break to the downside. Markets are discounting geo-political risks and the "Trump Bump (reflation) trade" could turn into "SELL in May and Go Away, come back again on Labor Day (September)" in equities markets. The S&P500 is up significantly since Trump's victory and his tax-cut plans and infrastructure build-out seems to be…
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EUR/JPY SHORT trade initiated

TalsikGirl Publicado 19 Abr  en #Trader's blog #EUR/JPY
SHORT EUR/JPY trade initiated at 116.75 after Falling Trendline rejected the 3 day rally. I expect "risk on" trades to decline in equities and FX markets as the trading week comes to an end. Fear of the French elections outcome should weigh on the markets, as the most recent polls show that the race among the 4 main candidates is too close to call. . .if Macron is unable to make it to the runoff elections, then equities could see a bloodbath on Monday.
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LONG AUD/NZD initiated at 1.0813

TalsikGirl Publicado 13 Abr  en #Trader's blog #AUD/NZD
Initiated a LONG AUD/NZD trade at 1.0813. Both, technical and fundamental data supports the idea that the pair should resume its upward trend.
Today's solid Australian employment data and China Trade data are providing support for the Australian Dollar.
Also, the pair tested the 1.0760-70 levels, which had been strong resistance until it broke above those levels in early March. The 38.2% Fibonacci retracement level at 1.0753 doubles as support for the pair.
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Puesto que usted no está conectado, no sabemos su idioma, pero suponemos que es inglés
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