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D-Styles
9 avr. 2016 05:39

Aussie Tipping Over 2 the Downside Short

AUSTRALIAN DOLLAR / U.S. DOLLARICE

Description

  • watch for China Core CPI this sunday. sell right away if bad.
  • China Trade Balance expectations number is Bad ; Tuesday
  • -Aud- unemployment expectations ticks UP by .1 ; Wed.
  • -Usd- Great expectations on Wed. Core retail sales , PPI & Retail Sales
  • possibly get out b4 Usd Core CPI if technicals show so ; Thur.
  • China Gdp q/y expectations is expected to go down & there is good Industrial Production . Thur.
  • Slightly Good -Usd- Consuer Sentiment to end it off

Commentaire

Entered very conservative at .0755 until China CPI comes out.. will add more if it's bad

Commentaire

the force behind Aud & Nzd


FOMC Minuties & Yellen speech had a much better tone than the 2 previous statements. its been less dovish & they being cautious while believe the Us can use rate hikes ever so gradually. News this week is in favor of USD despite the tick down in Core CPI.

Commentaire

Dollar taking a tumble from gold 7 oil.. u can actually move ur cursor on the DXY & see the changes

Commentaire

news coming & triple top formed .. chart -->
Commentaires
bertlambrecht12


Same idea! Your chart is lovely! Just plain simple perfect!! Hope this works out
bertlambrecht12
( Left shoulder is wrong in picture ;) )
D-Styles
im not talking about Head & Shoulders.. the left shoulder point shouldn't have a deformed little bump.. so H & S isn't valid here. im just talking about triple top.. its not a perfect 1 but its kinda close enough. im just throwing it out there.
bertlambrecht12
Ow didn't notice i'm just a beginner thx 4 the advice though !!
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