Monthly Archives: July 2016

Nikkei 225 fireworks at BOJ monetary policy

High volatility, fireworks accompanying BOJ policy statements these days must be a new trend. Calm and efficient are not words to describe.

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Looking at NZDUSD price action here next week

Looking at green zone for potential turning point for short. Day – day momentum is up so a valid setup has to show price reaction to green zone/top trend line to signal that they are valid resistance.

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EURUSD and WTI outcome if DXY strengthens

DXY is strengthening towards 100 and currently above Q2 2016. It is likely for EURUSD and WTI to weaken since both have strong inverted correlation to the Dollar.

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