Friday 4 Jan 2019
Price action throughout the pairs and especially crosses remained fairly volatile and the EURCAD short position worked out to the downside hitting initial profit targets.
Today’s highlight will, however, be the NFP numbers which coming after a surprise ISM Manufacturing decline could reinstate some confidence within investors, at least until the next manufacturing figures are out
You could be getting some of this… Join me in the Live Room where I show you everything and you can even copy my trades: Get started here
____________________________________________________________________
Thursday 3 Jan 2019
Overnight we had some shaky price action with large directionless volatility giving the welcome to the 2019 trading year and first week. The Yen acted strong due to a mild flash crash triggered by Asian stocks becau7se of China worries, while commodity based currencies tumbled and the USD remained between the 97.00 and 96.00 on the DXY. The best opportunities that emerged from this are on the EURCAD and NZDCAD both showing pressure to the downside, while GBPNZD comes in as a 3rd possibility in case the first 2 fail to confirm. On the calendar the ISM manufacturing for the US which really tracks productivity will be released and the all important NFP tomorrow, which hopefully will give a direction to USD denominated pairs.
You could be getting some of this… Join me in the Live Room where I show you everything and you can even copy my trades: Get started here
____________________________________________________________________
Wednesday 2 Jan 2019
Closed
Tuesday 1 Jan 2019
Bank Holiday
Monday 31 Dec 2018
Closed