Greg’s Daily Insider Tips W/C 15th April 2019

Thursday 18 April 2019

With the DXY staying around the 97.00 price level without a clear break, it is no wonder that price action is muted across the board.
Today is packed with data points from the EU in the form of PMIs as well as retail sales from the UK and US and CAD.
Data releases will provide volatility to price action but technicals are yet to show clear opportunities. The CADJPY is showing promise in the form of rejection with candlestick formation.

https://www.reuters.com/article/us-global-oil/oil-prices-slip-amid-ample-u-s-output-brent-drifts-away-from-five-month-high-idUSKCN1RU041?il=0

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Wednesday 17 April 2019

The AUDNZD failed to fulfill its lower high and deceleration mainly due to the NZD CPI number from the NZ..The EURNZD is showing some potential signals based on a 50 EMA rejection of highs coupled with a lower low and weekly pinbar formation.
The rest of the pairs lack opportunity and are mostly in a range. Todays GBP and CAD CPI numbers should be shaking price action enough for possible entries toward the end of the week.

https://www.reuters.com/article/us-global-oil/oil-prices-rise-for-a-second-day-on-china-demand-u-s-stockpile-drop-idUSKCN1RT035?il=0

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Tuesday 16 April 2019

The AUD strengthened in the wake of RBA minutes and the AUD rallied which gives the AUDNZD the pressure to sell into, and possibly even buy back once a higher low shows. The GBP could see some strength based on average hourly earnings and unemployment figures. That said, the figures might only provide a technical signal once the event is over. The ZEW Economic sentiment figure could do the same for the EUR and its volatility.
Later on at the start of the Asian session the q/q CPI from NZ could once again help our AUDNZD planning.

https://www.reuters.com/article/us-global-markets/asia-stocks-hover-below-nine-month-high-after-wall-street-stalls-idUSKCN1RS01D

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Monday 15 April 2019

Once again this week the USD will dominate price action, and the long mentioned NZDUSD retrace is happening. which means that bears can look forward to shorting opportunities once price reaches clear value. At the same time, the AUDNZD could be getting ready for a sell off to form a higher low as well.

https://www.reuters.com/article/us-global-markets/asian-shares-near-nine-month-highs-helped-by-u-s-optimism-on-china-trade-talks-idUSKCN1RR01L

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