danewilliams (35)in #forex • 6 years agoAUD/USD Once Again Touches Intraday Resistance During AsiaI just wanted to highlight this piece of price action on the AUD/USD hourly chart: Sure, I don't want to be…danewilliams (35)in #forex • 6 years agoEUR/USD Breaks Out and Continues to Monthly HighsOn the Euro side: ECB has left inflation forecasts unchanged and lowered 2018/19 GDP estimates Draghi noted…danewilliams (35)in #forex • 6 years agoStill Reluctant to Make a Call on AUD/USDI've been reluctant to short the Aussie this week and although some pips could definitely have been made on a break…danewilliams (35)in #forex • 6 years agoEUR/USD Returns to Swing HighsOne aspect of trading, is putting your money on the line and then sitting back and letting things unfold. Well, it's…danewilliams (35)in #forex • 6 years agoPlaying for a EUR/USD BreakoutIn yesterday's market musings, I spoke about the possibility of USD weakness for the week. Let's just go over a…danewilliams (35)in #forex • 6 years agoMonday London Session USD MusingsThe US Dollar traded initially higher during Asia, as markets remained risk averse thanks to a potential escalation in…danewilliams (35)in #forex • 6 years agoNot a bad Looking NZD/USD ChartWhile the Aussie might look weak, I'm not actually itching to short AUD/USD simply because it's come off so far so…danewilliams (35)in #forex • 6 years agoWhy I'm not Itching to Short AUD/USDI headed into the week by talking about taking some profit on AUD/USD shorts . From here however, we've just…danewilliams (35)in #forex • 6 years agoRBA Keeps Cash Rate Unchanged At 1.5% as ExpectedHeadline points from the RBA: Low Rates Supporting Economy Progress On Unemployment, Inflation Expected To Be…danewilliams (35)in #forex • 6 years agoBitcoin Shorts Rise Rapidly, but BTC/USD Price Holds SteadyGo to TradingView and search for the Bitcoin shorts chart. You can see that yesterday, new shorts went parabolic, but…danewilliams (35)in #forex • 6 years agoFocus Shifts to USD/CADMy focus has shifted to USD/CAD this week, as almost everything depends on their inclusion in any NAFTA deal. As…danewilliams (35)in #forex • 6 years agoEUR/USD Zone of InterestJust some quick Euro analysis to end the Sunday. Previous trend line resistance turned possible support.…danewilliams (35)in #forex • 6 years agoUncertainty Around Canada's NAFTA ParticipationWith NAFTA negotiations ongoing, the uncertainty around Canada's participation was ultimately CAD negative and USD/CAD…danewilliams (35)in #forex • 6 years agoAUD/USD at Monthly Trend Line SupportAs price plunges into monthly trend line support, I've taken some profit off the table on Aussie shorts . Take…danewilliams (35)in #forex • 6 years agoTaking Some Profit off the Table on Aussie ShortsPlaying the Aussie from the short side has certainly been the go this week and with price returning back to the Aussie…danewilliams (35)in #forex • 6 years agoDon't cry for me ArgentinaEmerging markets were the theme of the day, with Argentina's economic woes coming to the fore again. Argentina’s…danewilliams (35)in #forex • 6 years agoWeak Capex a Chance to add Into AUD/USD Shorts"AUD capex data for Q2, headline: -2.5% (expected 0.6%)" With AUD/USD continuing to roll over due to weak…danewilliams (35)in #forex • 6 years agoThursday Asian Session Cable MusingsBrexit huh... While it sure is dragging on, the right headlines are certainly still highly market sensitive as Cable…danewilliams (35)in #forex • 6 years agoWestpac Hikes Rates Independently of the RBAWestpac has hiked rates independently of the RBA: The Big 4 will now likely follow suit RBA won't have to hike…danewilliams (35)in #forex • 6 years agoAUD/USD Rolling Over During Wednesday's Asian SessionRemember how we spoke about DXY support coming into play and brought up the idea of playing AUD/USD from the short…