Morning traders, I'm... dari Smart Jet

Morning traders, I'm watching AUDNZD to add longs, that quick reclaim of the 1.08000 support level is a decent technical indication that bulls have the strength and want to resume the trend higher but I want to see a bit further confirmation with at least a move above yesterday's highs at 1.08200 this morning to add, will be monitoring Else, the risk off flows have already abated slightly, the past couple of months have seen plenty of these sudden risk off flows but none continued for multiple days so it's not surprising, we watch carefully for potential setups but we don't see any other than the potential opportunity to add to the AUDNZD longs at the moment

Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.

‼️AUDUSD update, expecting a lot more downside fundamentally on this but shorter term it’s about to dip into decent support and a pullback feels appropriate so taking profit here at market price and then we will look for more USD longs after a decent pullback‼️

Smart Jet

Morning traders, I have removed the EURGBP pending order already which looks too far to get filled now, I will keep an eye on it for an entry probably nearer 0.87400 now, will see Other than that, not a lot going on, EURUSD is still in the chop where we want to sell resistance rather than support, while something that catches my attention this morning is AUDUSD, I think that's near the tipping point of this rally so we might add to AUDUSD shorts soon, obviously keeping in mind that we have a big CPI number scheduled for tomorrow so we don't want to head with too much USD exposure into that, just in case Also crypto, remember to turn and stay defensive on BTC, looks like it's about to flush lower at any moment, which is good, we want price a lot lower to start thinking about loading up again

Smart Jet

Powell still speaking but so far not much forward guidance is being given, simply the FED is open to hiking further but also open to a pause depending on how the data develops until the next rate decision, so without much said from Powell the Dollar is rightfully basically flat after a bit of volatility on both sides, not a lot to do with it, will see where markets are at tomorrow at the London open but for now, no short term bias and no short term fundamental direction from this flat FOMC

Smart Jet