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gaining strength as good news keep coming while #AUD
is at record lows.
: A pierce and re-test is what we anticipated and that’s what happened.
still looks like it can recover so the currency gains strength based on trust from investors. Upcoming inflation numbers.
reached the highest point in the past 7 months and the chances of going even further are quite palpable.
F: Surprising poll results out of the #UK.
Additionally , Monday 29 May 17 is public holiday both in UK and US which means the markets will most likely be very calm.
T: Currently sitting on an important area and it can really go either way.
F: The market expected a bigger production cut from #OPEC
than what actually happened so the #USOIL
sold off causing some trouble for the #CAD.
T : An aggressive move at the start of the week came to a sudden stop right on top of important confluence. We’ve developed a scenario or two…
F: Even though the USD was particularly strong, the #NZD
proved to be pretty dominant. However this is not likely to hold.
T: 2 scenarios. 2 battle plans waiting for confirmation.
F: National CORE CPI giving the #JPY
a boost of strength , but how long will the boost last , especially against the USD ?
T: The technicals could be pointing to some bullish positions but we’ll need morning confirmations.
All these + bonus #FTSE, #DAX
analyses on the site !
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Have a great week everyone !