Latham Lapard Posted March 26, 2017 Share Posted March 26, 2017 Not a bad past 5 days for this pair as it rejected the FED rate hike euphoria and went against the common price action in an anti-climax move. Seems traders were not pretty impressed with FED’s move even though the decision was widely anticipated. There seems to be some uncertainty and everyone seems to be cautious which might limit extreme move on either side! Got to watch for next few days or week to get a proper picture. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted March 26, 2017 Author Share Posted March 26, 2017 Braving the FED rate hike and still going up is no small mean task considering other factors in play. This might also be due to shorts unwinding or short squeeze/covering. Whatever it might be, the price was on the rise and seems there is still room for the upside though it might stall at a particular level from which there would be consolidation and then wait for further direction. Nothing much to look forward except how the Brexit negotiations plays out at the end of the month. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted March 26, 2017 Author Share Posted March 26, 2017 There seems to be action for both Bulls and Bears for this pair for the past 5 days. So those who were positioned accordingly at the correct time with market would be laughing all the way to bank. That being said, the price moved up and down from the time FED hiked the rate. Further speeches from central bankers and economic releases all pushed the price back & forth! Price might pause for a while before resuming its onward journey to a more favorable level. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted March 26, 2017 Author Share Posted March 26, 2017 A kind of roller-coaster ride but the pair still managed to remain in green positive territory amidst many factors. Traders might try to push the price on the path of least resistance and take it from there. USD might not be favourite for the time being despite FED being on the path of hike but there are other factors too which needs to be taken care of! In my opinion, we would see more of sideways movement before the next big move! Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted March 26, 2017 Author Share Posted March 26, 2017 CHF benefited from the ensuing USD sell-off post FED rate hike and also from the risk-off theme. The range has also become quite tight with not much movement and seems trader are waiting for something better and not taking much higher risk. Usually USD should strengthen on stronger FED hike rate path but traders are not committing too early and trying to understand the full impact of hike pattern and other economic factors. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted April 1, 2017 Author Share Posted April 1, 2017 This pair has taken huge dip throughout the week which all went to do with the Euro not in ideal shape, but the Dollar weakness too is often pulling up to see the pair pushing higher. As we go into next week, it is highly likely that we will see neutral trend. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted April 1, 2017 Author Share Posted April 1, 2017 This pair has taken neutral route with massive spikes throughout the week. The week started brilliantly with pair racing through 1.25 level, but things turned sharply to drop it near 1.23 level, but it has returned to 1.25 level again. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted April 1, 2017 Author Share Posted April 1, 2017 This pair had a mixed week with going higher, but was into neutral trend again. It is likely that we will see similar things coming up next week as well due no major strength in either of the currencies, but there are some serious events like NFP to watch for. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted April 1, 2017 Author Share Posted April 1, 2017 This pair was one way traffic, as we saw it dip big time and went down nearly 200/250 pips and eventually closing out at 118.65 level. It is highly likely that we will see similar trend continue due to the uncertainty over the outcome of elections. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted April 1, 2017 Author Share Posted April 1, 2017 This pair has been pretty low, but overall the trend is steady downside. We could expect the pair to pull up, but mostly there is hint for bearish movement. It will be interesting to see how it goes given there are major events lined up this week that includes FOMC Meeting Minutes and NFP. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted May 2, 2017 Author Share Posted May 2, 2017 EU has very much remained low levels till now in the week. There is really no major shift in terms of momentum as per now. However, there are major events listed which is likely to have huge impact especially the FOMC and even NFP, it will be extremely important to watch. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted May 2, 2017 Author Share Posted May 2, 2017 GU was in massive bullish trend, but things have taken a U-turn, it is really not possible for anyone to tell now where it is going but by going recent trends and how all is happening, it’s likely to dip further, so for sellers, it is better bet as of now. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted May 2, 2017 Author Share Posted May 2, 2017 UJ was in bright mood as per today but there is so major momentum on here, so it is a lot likely case that we could see the story continue in similar zone, but just need to be very enter into trade only if we are certain for positive outcome, we will prefer to go for sell here. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted May 2, 2017 Author Share Posted May 2, 2017 EJ pushed extremely high so far in the week with all things working right. But with so many things to flip once we enter into this week, it could really make everything change and run around extremely differently, so just got to be very sharp and make sure we react very wisely. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted May 2, 2017 Author Share Posted May 2, 2017 AU has been seen in major pressure due to the events taking place in recent times, but has really taken positive mood this week so far. It is very much likely that we will see things continue in that way only. We could do better at going for buy at any noticeable dropping that comes. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted June 12, 2017 Author Share Posted June 12, 2017 EUR/USD pair this week was neutral with no major movements either direction. As we look at SAR indicator, it shows similar lines with so massive strength shown, but still the trend is very much showing for the bearish run ahead with Fed Rate Hike pulling up. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted June 12, 2017 Author Share Posted June 12, 2017 GBP/USD pair dropped massively as expected after the election fiasco. It has gained somewhat this week in early hours, but we are not overly bullish for the pair. It is also seen on SAR indicator that the pair is running into a bearish trend. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted June 12, 2017 Author Share Posted June 12, 2017 USD/JPY has climbed somewhat during last week but as we see on SAR indicator, it’s bearish trend that’s overall taking the place. The bearish trend has been running since last couple of weeks, it’s highly unlikely that we will see this stopping anytime soon. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted June 12, 2017 Author Share Posted June 12, 2017 EUR/JPY has established to certain extend with no major losses or profit shown. It is highly likely that we will see the pair dipping in days to come with uncertainty but there is nothing that is to be said with guaranteed or complete certainty as per moment. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted June 12, 2017 Author Share Posted June 12, 2017 AUD/USD has been generating serious buzz gaining high last week, but the overall trend looks steady and may continue in similar fashion. It is highly likely that we will see the trend shifting, so it will be interesting how it all works out in days ahead. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted July 6, 2017 Author Share Posted July 6, 2017 EUR/USD has been in bullish trend since last 3-4 days and is highly likely to continue on same pattern. We can also see the confirmation through SAR indicator where it’s also showing same happening, so it will be interesting how it all will work out. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted July 6, 2017 Author Share Posted July 6, 2017 GBP/USD is in strong bullish trend and has crossed 1.30 level quite comfortably. It will be interesting where it all leads, but we feel there might be some dropping happening. However, as we watch on SAR indicator, it’s showing to be bullish ahead. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted July 6, 2017 Author Share Posted July 6, 2017 USD/JPY has been steadily getting up and is sitting between 112/3 levels. As we note on SAR indicator, it’s also indicating similar round, so it will be really interesting where all this pans out but we have to be very careful on how we go on with working. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted July 6, 2017 Author Share Posted July 6, 2017 EUR/JPY has gained massively over last few days and the overall trend too since last few weeks is being bullish. It will be good opportunity for us to operate on buy trade. As we see even on SAR, it’s been shown that the trend is certainly on bullish zone, so good time to enter into one such trade. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted July 6, 2017 Author Share Posted July 6, 2017 AUD/USD has gained strength in last couple of days and is running in strong bullish trend, so it will be interesting if this carries on but we need to work out carefully. As we see on SAR indicator, it’s running long time for bullish trend, so we can enter into one such trade. Quote Link to comment Share on other sites More sharing options...
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