I think so too. Earnings are done, after the trade deal no more catalyst for a higher market.

S&P500 trading

After that however it will start falling. U.S. GDP lower and the Japanese economy is bad so far this year which will only strengthen the YEN. Technically it is also resisting a 14 MONTH average. Won't go too far past that.

USD/JPY Discussion

I expect a break out on the China trade news and after that another big retracement phase.

S&P500 trading

Going back up as GBP/JPY goes down on some risk-off sentiment.

EUR/GBP - What a great pair to trade!

Retail sales were the worst in almost 10 years but the spending bill was passed. After the China Trade talks it's a sell.

S&P500 trading

South, RISK-OFF.

USD/CAD

Very much a risk on pair. Looking for lower if the S&P tanks.

Cable Update (GBPUSD)

1.1150 for a bounce

EURUSD

48 Week level won't break. UP!

USD/CAD

Up next week. 50 WEEK average is too big a technical level not to hold.

USD/CAD

Fed is reducing their balance sheet and no longer propping up stocks. Not good for a pair like GBP/JPY. Notice how they are inversely correlated? That means our pair EUR/GBP will continue up as we approach a more risk off environment. Happy buying.

EUR/GBP - What a great pair to trade!

Banks are very devious. Last week the ECB announced considerable monetary stimulus was still needed. No path to normalization yet. Despite this extremely bearish news the euro went up 100 pips from the lows. Banks buy and sell when there is little ...

EUR/GBP - What a great pair to trade!

Becoming overbought for sure. Approaching the 100 week MA. Becoming riskier for banks to buy at this level. They will dump it soon.

Cesarnc's market talk, gossips, rumours & fun

Can we go for 6 straight weeks? Depends on guidance for the coming quarters. Big names announcing this week.

S&P500 trading

Agreed and big earnings announced this week. 5 straight weeks of U.S. equity gains so far.

USD/JPY Discussion

Downside intact until the 200 day average around 1.3160

USD/CAD

Nearing a 200 WEEK LOW. Looks like it may be a buy very soon.

EUR/GBP - What a great pair to trade!

China data Sunday and earnings will be the drivers this week.

S&P500 trading

Wisdom indeed, thanks. Dems controlling the house might mean a risk off event as they will attempt to stir up the Russian meddling again. The market seems to favor Trump for pro corporate reasons. BOJ will most likely stay the course but JGB yields ...

USD/JPY Discussion

Relief Rally is here.

S&P500 trading