Watch out for EURUSD break below 1.1700 for the drop to accelerate further
Watch out for SPX500 drop below 3265 in near term. Bottom line 3400 should hold
Active trades: EURUSD short US dollar index long GBPUSD short AUDUSD short NZDUSD short SPX500 short Dow Jones short DAX short
Flash update: SPX500 might have print a false break at 3411/12 on a few systems. Kindly consider taking fresh shorts in that case @ 3340/50 stop @ 3460 target is open.
EURUSD holds steady @ 1.1830/40 for now. We need a break below 1.1700 to accelerate lower.
GBPUSD trades @ 1.3120 levels for now. Might have carved a potential top @ 1.3185 yesterday.
AUDUSD needs to break below @ 0.7180 and 0.7140 to confirm a top in place @ 0.7143.
NZDUSD carving a potential Head and Shoulder with Head @ 0.6715. A break below 0.6630 will ecourage bears further.
SPX500 trades @ 3340 for now and remains vulnerable for a bearish reversal as we push into the US Session today. A reak below @ 3310 would encourage.
Currencies are slipping lower as US dollar setting up to gain. Watching critical levels to break.
Indices trade at critical levels with SPX500 holding 3330/35 for now. A break below 3200 confirms reversal.
Exclusive Markets
GBPUSD Trade Setup
Consider taking profits in GBPUSD @ 1.3030/35
Exclusive Markets
Consider selling NZDUSD @ 6640/50, stop @ 0.6760 target is open.
Consider taking profits in NZDUSD @ 0.6589/90
Exclusive Markets
Consider taking profits in NZDUSD @ 0.6589/90
Consider taking short term profits in NZDUSD @ 0.6610/13