A look at Dollar Index DXY, EURUSD, AUDUSD, NZDUSD, GBPUSD, WTI and XAUUSD. A common theme – a turning point could be showing up soon seeing how these pairs might be at support.
Look at EURUSD, AUDUSD, HSI and DXY. Despite ‘risk-on’ gap up today, big picture setup hasn’t changed one bit. I think Dollar still up, indices still down.
There is a gap between XAGUSD’s most recent observed support and former 52-week high. A throwback could push price back to former level thereby closing gap. For longs at existing price, that is an over 6% loss, gut wrenching if one is on a leveraged trading account.
Trade ideas following Paris attack-triggered reaction. Discussion on stocks indices, stock sectors, WTI and as well as NZDCAD. Log-in access required.
CHF strengthens furiously following Swiss National Bank’s high impact surprise to stop Minimum Exchange Rate with Euro. From our favourite broker explaining why price feed froze “there was a massive drop in CHF due to their central bank removing a floor in the market so no pricing was received for a time”