After an array of earnings, ECB monetary stance and external UK PMI data have surrounded the #USD as it gains ahead of FOMC. The DXY is above 92.00 at the time of writing. Market sentments spilled over in Asia as the USDJPY is now above 109.20 with a session high marked at 109.70 nearing the 110.50 first line of defense.
Meanwhile, the NIKKEI 225 is well above 22500 levels with NKDM2018 futures is trailing not too far behind at 22480. As the opening levels for May as the market have been positive as the USD's correlation prevails until such time it does otherwise.
Financial markets find ways to shift freely at its own pace when least expected. But for those with a keen analytical eye for detail can still provide unsuspecting signals before anyone could realize it. Only to find out after the fact that the market have moved.
A typical market trade for the #USD index at 88.25/45 low range dated Feb 21 and trading above 92.00 basis pt. in early US session. As of May 1, 2018 starting at the European session DXY at 92.11 basis point and followed through into the US session currently trading at 92.52. With equities in triple digit decline.
These prices have now VALIDATED
all 'Related Trade Positions' in Spot FX, Futures and ETFs.
Reference to Market Call
Strategies USD Probable Turn in the Making dated Feb 21, 2018
all 'Related Trade Positions' in Spot FX, Futures and ETFs.
Reference to Market Call
Strategies USD Probable Turn in the Making dated Feb 21, 2018
Noticeable USD Trade Strategy in familiar territory shared by #TradingNation on #CNBC News
ReplyDeleteA good share from Trading nation's market outlook on the #USD probable trend direction by using the #UUP CALL Options which we really can relate to that came across our channel on CNBC News.
This strategy is not new to us as the same market outlook have already been identified for quite sometime. And have capitalized on the market's potential since it had been identified at an earlier stage.
Copy & Paste on Browser
https://plus.google.com/+JSTAlexander/posts/4fDJGjacKf1
USDJPY briefly hits 110.037 at the US trading session, yet still trading near its high currently at 109.90 as of this writing.
ReplyDelete