Wed 5th March (11.350 am)
A/U: positive data is lifting the Aussie. watch the recent bear trend line. This will no doubt help the A/J signal too:
Wed 5th March (11.20 am)
A/J: this new signal came in off my 9 am candle. Like with the A/J though, the Ichimoku Cloud is a bother. Clearly though, Yen weakness is creeping in and this is what my signals are reflecting:
E/J: this is the one I'm most interested in. This pair is still trading within a triangle and has not triggered a new signal as yet. Further bullish momentum could trigger one and promote a new triangle break and thus is worth monitoring. The major 61.8% fib is right near this action too:
Wed 5th March (6.20 am)
No valid TS signals received. Price action remains choppy as the USD chops up and down with the Ukraine situation.
U/J: received a TS signal off my 5 am candle BUT it isn't valid AND I'm waiting here because:
S&P500: have had a relief rally as some of the Ukraine tension eased:
I will update in more detail later as I have to go to some early meetings.
Tue 4th March (9.20 pm)
No new TS signals.
Tue 4th March (6.45 pm)
Indices: these are shifting back to 'risk on':
USDX;
EURX:
S&P500: stocks are trading higher in pre-market:
Gold: this move faded and the TS signal closed for -90:
Cable: making a move back up to the key monthly 200 EMA:
Aussie: holding above the 0.89:
Yen: some Yen weakness is helping the Yen based pairs:
E/J:
U/J:
A/J:
Tue 4th March (9 am)
No new TS signals across any of the currency pairs following my 9 am candle update.
Tue 4th March (6.30 am)
A/U: positive data is lifting the Aussie. watch the recent bear trend line. This will no doubt help the A/J signal too:
Wed 5th March (11.20 am)
A/J: this new signal came in off my 9 am candle. Like with the A/J though, the Ichimoku Cloud is a bother. Clearly though, Yen weakness is creeping in and this is what my signals are reflecting:
E/J: this is the one I'm most interested in. This pair is still trading within a triangle and has not triggered a new signal as yet. Further bullish momentum could trigger one and promote a new triangle break and thus is worth monitoring. The major 61.8% fib is right near this action too:
Wed 5th March (6.20 am)
No valid TS signals received. Price action remains choppy as the USD chops up and down with the Ukraine situation.
U/J: received a TS signal off my 5 am candle BUT it isn't valid AND I'm waiting here because:
- I'd would prefer to see a close above the monthly 200 EMA here first before getting too excited though.
- Also, price is IN the 4hr Cloud.
- Price just under the 4hr Cloud.
S&P500: have had a relief rally as some of the Ukraine tension eased:
I will update in more detail later as I have to go to some early meetings.
Tue 4th March (9.20 pm)
No new TS signals.
Tue 4th March (6.45 pm)
Indices: these are shifting back to 'risk on':
USDX;
EURX:
S&P500: stocks are trading higher in pre-market:
Gold: this move faded and the TS signal closed for -90:
Cable: making a move back up to the key monthly 200 EMA:
Aussie: holding above the 0.89:
Yen: some Yen weakness is helping the Yen based pairs:
E/J:
Tue 4th March (9 am)
No new TS signals across any of the currency pairs following my 9 am candle update.
Tue 4th March (6.30 am)
The currency markets have traded 'risk off' over concern for the Ukraine situation. I do note, though, that the extent of 'risk off' thus far is fairly minimal. The huge amount of data coming up this week is probably keeping a lid on movement for now.
Indices: The USDX has started to tick up a bit but the EURX isn't giving away too much ground.
USDX:
S&P500: choppy after a gap down but I'm surprised there hasn't been more of a slide here during the US session. Positive US data overnight probably helped to contain the fallout:
Silver and Gold: both are trading higher:
Silver: a hold above $21.50 for today will be bullish:
Gold: has closed above the previous high and triggered a new TS signal off my 1 am candle:
Forex:
TS Signals:
EUR/AUD: this signal has closed off now for -50:
Other FX: the most noteworthy comments here are that there are no new 'risk off' TS signals just yet AND the A/U, a usually risk sensitive pair, is trading higher for the day! There is AUD interest rate data today so watch for reaction there:
E/U: did move back down after the gap fill:
E/J: being supported by the triangle trend line and the new monthly pivot:
A/U daily: inverse H&S still brewing here. Watch for AUD interest rate data later today. GDP tomorrow:
A/J: conforming to my trading channel:
Cable: down but no TS signal yet:
U/J: ditto:
AUD/NZD: inverse H&S still brewing here too:
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