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USDCAD H4 - Looking like we want to break UC support at 1.27 whole number. A solid break and pullback/correction to retest 1.27 as resistance could set us up nicely for bearish continuations.
Читать полностью…Covid-19 second-stage vaccinations to be delayed across UK by up to 3 months
NHS says its to maximise the number of people protected against the disease. More than 500,000 people who have been vaccinated with the first shot already will have their second dose delayed for up to 12 weeks (was originally expected to be a four-week gap between the 2 shots)
EU governments approve post-Brexit trade deal
There was always a small chance that an EU government would veto the deal but that's not going to happen now.
With the approval, the EU and UK will be able to sign the agreement on Wednesday and will put a provisional agreement into force. Beyond that, European Parliament will need to ratify the final deal in February or March.
Service to resume tomorrow after today’s bank holiday. Watchlist will be posted later this evening
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USDCAD H4 - Failed to set new highs on USDCAD after retesting previous support, previous high price of 1.29100 held, quite the supply area. Back to support I imagine, so eyes peeled on 1.28200 for a potential bounce, we can see a similar thing with DXY, failed to break above resistance highs.
Читать полностью…NZDCAD H4 - Took off perfectly yesterday from our marked S/R zone, set fresh highs which is great, price is now pulling back down to support. A test of support and sight of bullish intervention could warrant another burst upside.
Читать полностью…Reuters not naming the government source. Same old difficulties with the talks by the tone of the report:
- Brexit trade talks set to continue Monday
- talks remain difficult
- significant differences remain
- UK continues to explore every route to a deal that is line with the UK's principles
Unnamed sources reported on trade-deal talk (lack of) progress from the UK and EU via the BBC.
BBC citing a UK government source
- increasingly likely the UK will end its post-Brexit transition period without a free trade agreement with the EU
- There will be no post-Brexit trade deal between the UK and EU unless there is a "substantial shift" from Brussels in the coming days\
And adds:
- It is understood there is likely to be a decision before Christmas on whether or not a deal can be reached
- fisheries arrangements ... an EU source said this was not the only remaining issue left to resolve ... "Talks are stuck" ... "Not just fish. The UK has other demands and the level playing field is not sorted."
NZDCAD H1 - Potential lower timeframe consolidation break to fill the remainder of this structure from 0.90 support to 0.91500. Played out quite nicely, in terms of trading zones, retests etc.
Читать полностью…GBPJPY H4 - Amended the resistance price here and pushed it up a little to accommodate for the recent attempts upside (which we are now classing as resistance). A break above 140.600 and retest of 400 could set us up for a break and retest for upside continuations.
Читать полностью…GBPJPY H4 - As per previous analysis, resistance starting to break, BOE, no changes... limited reaction, GBP continues to push upside, potential long positioning once we retest 140.160-140.000
Читать полностью…NZDCAD H4 - Price came back down to retest the previous S/R zone of 0.91500, Quite a chunky downside gap, but since we have seen a bit of a support response. Could be something that offers a second support test (0.91500) to the gain upside momentum again.
Читать полностью…GBPUSD H4 - 1.36 resistance is being tested after this mornings rally, if we can break upside, we may be on for fresh highs.
Читать полностью…Markets are going to be relatively dry all of this week still.
Think may resume some what Monday next week! Updates will follow as of today though.
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Saw the rejections in the end after pushing resistance, failed to set new highs, so the rally sequence doesn't continue this time round, potential support again at 90.00, as we gear up for a potential second attempt upside.
Читать полностью…Brexit: Barnier to brief EU ambassadors on state of talks later today at 1500 GMT
Читать полностью…GBPUSD H4 - Support at 1.32 held, corrective resistance at 1.33 current price, key zone to monitor. Dust is settling a little bit now, if we break beyond 1.33 we could see further corrections, if we resist 1.33 we could see a downside second wave. Just watching the zones and seeing how they respond.
Читать полностью…DXY H4 - Back well above 90.00 and pushing previous S/R, potential break upside to continue USD strength. GU massively on the backfoot, positive USD stimulus and negative Brexit developments.
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GOLD H4 - Continuing to break highs and trend upside, working from the H4/H1 the 1870 support is the trading zone we would look to scout and find support, from there we would look to continue upside, higher high, higher low sequence as always.
Читать полностью…GBPUSD H4 - Corrections seen after the big rally and upside break yesterday, eastern session has pretty much been purely corrective moves, coming back into the EUR/LON open, we may be able to expect bullish continuations, may hear a little more on Brexit progress today before the weekend.
Читать полностью…GBPJPY H4 - Pressure on the resistance zone, which again is just above our 140 handle, quite a clear resistance zone, looking for an upside break and retest to look to position ourselves long.
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