Japanese Yen Is Not My Current Favorite Currency.

Mischely GomezUncategorized0 Comments

The Japanese Yen does not respond to scheduled news events but reacts mostly to risk on and risk off social mood sentiment driven by latest news and speculation about conflicts with North Korea, etc. These moves come in short erratic bursts while the rest of the time the Yen pairs move based on their respective counter currencies. https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2017/11/22/Japanese-Yen-Technical-Analysis-Watch-For-That-Second-Shoulder.html

AUD Pattern Suggest Further Move Up Today.

Mischely GomezUncategorized0 Comments

Although the AUD pairs have not responded much to news they did make what is known as an end of 3 turning point on the 4 – 8 hour. Be sure to follow the “road map” for some further move up, completion of a correction and then another turndown none of which are major moves. https://www.dailyfx.com/forex/market_alert/2017/11/22/Australian-Dollar-Unimpressed-by-Record-Construction-Output-Rise.html

Pound Autumn Forecast: What Will Happen?

Mischely GomezUncategorized0 Comments

The U.K.’s HM Treasury will release the annual Autumn Forecast Statement today and you can be sure we will be watching the GBP pairs and planning our next move based entirely on the shape of patterns just preceding the release. https://www.dailyfx.com/forex/video/daily_news_report/2017/11/22/Wall-Street-Offers-A-Bullish-Gap-and-Record-Highs-Pound-Awaits-Brexit-Budget.html?DFXfeeds=forex:video:daily_news_report  

EUR USD Moving Because of the EUR Not So Much Because of the USD

Mischely GomezUncategorized0 Comments

This week the real highlight has been the EUR on the move and it is working out extremely well since I went long on the EUR NZD last week and am still in it. This week I also went long on the EUR USD and the EUR AUD and am on track for another record-breaking week. https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2017/11/14/Softening-US-CPI-Retail-Sales-to-Thwart-EURUSD-HS-Formation.html

Yellen, Draghi, Carney and Kuroda Ready to Rock the Market!

Mischely GomezUncategorized0 Comments

We will see what happens when all these Central Bank superstars start talking at a panel discussion titled “At the heart of policy: challenges and opportunities of central bank communication” at the Central Bank Communications Conference hosted by the European Central Bank, in Frankfurt. https://www.dailyfx.com/forex/video/live_events/2017/11/14/Fundamental-Trading-Will-Yellen-Draghi-Carney-and-Kuroda-Turn-the-Boat.html  

AUD USD Continues Forming Perfect Ending Diagonal

Mischely GomezUncategorized0 Comments

Chinese data was the latest thing to help the AUD USD keep forming the ending diagonal we have been watching for the 4 -8 hour. Once it is finished a complete reversal may be in the works long term but for now, short trades continue to be working out well. https://www.dailyfx.com/forex/market_alert/2017/11/14/Aussie-Dollar-Struggles-with-Follow-Through-on-Chinese-Data-Miss.html