WillSebastian

WillSebastian

BTCUSD is still within it's tentative downtrend range, still near record highs. The push/rebound straight back to the Upper TL is one in which you will be better off lowering risk (and avoiding anything significant to the short side). Longs, really need to be far lower as you are lacking value on a price/factual basis.

07:30

WillSebastian

USD/CAD offers a good representation of a sideways market. This has allowed for increased probability, with clear entries/exits. Here's my take.

08:00

WillSebastian

Oil has stuck within a range, slanting to the down side for a considerable period. This has brought rise to the continuous long(ing) of the same area and consistent gains for many. Here's my levels going forward/insight on making it as risk averse as possible.

WillSebastian

I've covered XAUUSD/Gold repeatedly On Trading View since the extended rally. The case for Gold still represents a continued bull market with little kickback. Any serious change in sentiment will likely cause this and is required. Any short entries at these highs must be limited in both size and target. Lighter sizes, earlier targets are a more risk averse...

WillSebastian

The Nikkei Index is watched closely, especially at the moment on speculation around the state and future of the Japanese Economy. If you check over Yen pairs (Forex) you will notice the trajectory looks very similar inline with Yen weakness, that the BOJ / Govt seems happy to see continue. This, ultimately is reflected in the index. Any real turn of Market...

WillSebastian

EURCAD has been moving sideways for a long period. That's because you are getting no real S/D imbalance, as may be the case for various economies and currencies alike. One to watch for dip buys and re-shorts higher.

WillSebastian

Lower inflation is supportive of a quicker and more confident easing cycle from the FED. If there are no real labour market issues either, noted via jobless claims later we may find rebounds to the upside. Momentum is really supporting the short side and causes caution for longs just yet. No guarantee of further USD strength, or indeed weakness. Awaiting data.

WillSebastian

Confidence likely to feed into crypto Markets inline with any real softer landing (likely weaker USD) outcome. New recent low within the recent down-side trajectory will only come about as a result of real negative sentiment if any. Would not buy at all until much lower, if you are going to.

WillSebastian

USD Strength has fed well into this week and brought USD/CAD off from the mid-point of the long term sideways movement we have seen form over time. Any hopes that are further extended (Soft Landing) will likely reduce inflow into USD (Dovish). Any other outcome that supports a hawk case will likely do the opposite. Price momentum really allows for spread out...

WillSebastian

The Mid point of any trend is always ideal for reaction. Key moving averages and key price points (price action) are arranged at such levels in this case. Longs preferred.

WillSebastian

A little bit of CHF weakness on dovish MP and mostly an absence of risk off has caused tentative rallies across the board. Weakness in NZD this AM finally bringing you to lower side of TL. Initial reaction is not good, so no real high risk here.

WillSebastian

Further NZD Weakness has propelled price to key resistance. Better probability of success as mentioned area(s).

WillSebastian

The RBNZ has given a dovish indication on their future arrangements for monetary policy. The FED has also began their cycle with 50 BPS as a cut, but indicated they may not cut further as fast as expected. Both of these sentiment aspects are giving way to falls further. Any sentiment change may lead to quick pops or falls.

WillSebastian

Key Price Action, Reversion Of Price almost 5% off the open. Touching into key early MA's. What's not to like? Trade in proportion to equity, in case you are wrong.

WillSebastian

AUD is suffering due to the gloomy China outlook (into this session). Shorts entered.

07:08

WillSebastian

I tend to use my Moving Averages to indicate Market Value. It's a great tracker of price, but it's better when used properly. Here's how. Also includes AUDUSD Analysis.

WillSebastian

Minor fall in Oil leading to some gains taken. Requiring larger falls for any re-buys. Sentiment sustaining up move due to middle east tensions. Levels of note labelled.

WillSebastian

Why do Markets Stall? Because Key Sentiment Drivers Stall. When that happens, you have the opportunity to take various gains and sometimes it is wiser to do so (in high bouts of risk on) as falls (extreme) are less likely.