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- Jmfx1 replied Jul 22, 2019
Buy the dip at 0.7020
- Jmfx1 replied Jul 19, 2019
Well by any means don't expect anything. The market moves for a whole host of reason, from intraday to long terms outlooks. In my opinion it would be difficult to see AUDUSD slip below 0.7000 assuming the FED cuts at the end of the month. If we get ...
- Jmfx1 replied Jul 19, 2019
There we have it folks, called it a few days ago. Got slightly lucky not to be stopped out and my position was slightly earlier. Never the less it was a nice trade and helped along the way to FED Williamson swaying more towards that 50 bps cut at ...
- Jmfx1 replied Jul 17, 2019
Great post. I noted your comment RE EURUSD reaching 1.4000? I think that's a bit far fetched. I agree that a dovish FED = correction time for EURUSD. However, we cannot forget that the EURO is so weak right now and with additional issues RE BREXIT, ...
- Jmfx1 replied Jul 16, 2019
I'd still like to see 0.7070 met to be honest. Some positive data coming out of China (despite what the media portray it as) GDP figures were still as expected. I think the US will suffer more so from the China issues and I do see USDCNH dropping to ...
- Jmfx1 replied Jul 16, 2019
Great point. Could it be that because the market is so sure the 25 bps cut is happening (as we all are by now) and its a case of whether or not the we get 50 which will drive the market? The upbeat news today suggests 25 will be it but there's still ...
- Jmfx1 replied Jul 8, 2019
I agree with this theory Igrok. Moving away from technical views.. the Bond market has been flashing warning signals for quite some time. US10Y dipping sub 2.0% for the first time since November 16 and global & US debt at ATH, no wonder we see Gold ...
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