Greg’s Daily Insider Tips W/C 4th February 2019

Friday 8 February 2019

CAD employment figures will take center stage today and we will be able to monitor the USDCAD or even GBPCAD for a possible pullback to look for a buy scenario. Meanwhile our CADCHF short has been adding to its gains by selling off and GBPUSD remains on our watchlist for longs.

https://uk.reuters.com/article/us-global-markets/asia-stocks-ease-on-anxiety-over-trade-growth-risks-idUKKCN1PX026

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 7 February 2019

The USD index strengthened further and today’s highlight is the GBP and the UK with Super Thursday, BoE bank votes and monetary policy decision as well as a press conference from BoE Gov Mark Carney. Our long scenario from the 1.29000 stays in place for now while GBPAUD and GBPCAD could see some clear volatility. Elsewhere the CADCHF confirmed a technical signal for a further tumble

https://uk.reuters.com/article/uk-global-markets/asian-shares-near-four-month-peak-new-zealand-dollar-takes-a-dive-idUKKCN1PW02W?il=0

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 6 February 2019

Despite the weaker US ISM number from yesterday the USD rallied giving us opportunities on a few pairs. The USDJPY remains on our watchlist while the USDCAD and GBPUSD both are showing clear potential for a long position based on a pullback.

https://uk.reuters.com/article/uk-global-markets/asian-shares-subdued-after-trump-address-aussie-tumbles-on-rba-shift-idUKKCN1PV01R

 

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

____________________________________________________________________

Tuesday 5 February 2019

We have Bank Holidays in the Chinese and NZ economies. However, the EUR, AUD and USD should produce some volatility due to PMI numbers, ISM manufacturing , and the unchanged cash rate from the RBA. Pullbacks into AUDUSD should see clear buy back signals and we are still keeping an eye out for the USDJPY buy based on a intra-day higher low price formation. The EUR is not showing any clear technical signals as of today.

https://uk.reuters.com/article/uk-global-markets/asian-stocks-extend-gains-on-firm-wall-street-fed-outlook-idUKKCN1PU035

 

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

____________________________________________________________________

Monday 4 February 2019

Our calendar for the week starts out light, however, the USDJPY has confirmed new highs throughout the Asian session and buy backs are feasible. At the same time we’ll have to monitor the USD for and DXY to gauge a clear direction from fridays NFP.

https://uk.reuters.com/article/us-global-markets/asia-shares-steady-dollar-firm-after-upbeat-u-s-job-data-idUKKCN1PT00T

 

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

 

Comments are closed.