Intraday Market Thoughts
CHF & GBP Positioning
by
May 20, 2014 19:16
Whether we expect USDCHF to break above its 100-DMA this time around, what's the better tactical play in CHF ahead of the Eurozone event-risk. After having been stopped out by 7 pips from our Mar 20 USDCHF long trade at 0.8710, what is the next action plan? We issue fresh CHF trades and 3 charts (Net CHF longs positioning, CHFJPY & & 100-DMA spot). 2 existing GBPUSD Premium trades are in progress ahead of Wednesday's UK retail sales & MPC minutes as are the existing shorts in USDJPY, NZDUSD and NZDJPY. All charts & trades in latest premium Insights.
Act | Exp | Prev | GMT |
---|---|---|---|
Retail Sales (APR) (m/m) | |||
0.5% | 0.1% | May 21 8:30 | |
Retail Sales ex-Fuel (APR) (m/m) | |||
0.5% | -0.4% | May 21 8:30 | |
Retail Sales (APR) (y/y) | |||
5.2% | 4.2% | May 21 8:30 | |
Retail Sales ex-Fuel (APR) (y/y) | |||
5.3% | 4.2% | May 21 8:30 | |
Bank of England Minutes | |||
May 21 8:30 |
Latest IMTs
-
Gold's 10, 38, 5 Pattern
by Ashraf Laidi | Nov 27, 2023 15:02
-
نحن الآن بين مرحلة 3 و 4 XAUUSD
by Ashraf Laidi | Nov 27, 2023 13:34
-
Live Stream at 10 am GMT
by Ashraf Laidi | Nov 23, 2023 9:37
-
Trading Gold Retracements تصحيحات و امتدادات الذهب
by Ashraf Laidi | Nov 21, 2023 11:46
-
Aussie Top Down Approach
by Ashraf Laidi | Nov 21, 2023 9:29