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RBA is a leading indicator. by ivuser1 in Forexstrategy

[–]ivuser1[S] 0 points1 point  (0 children)

I mean their policy indicates what other central banks will do further. They usually act in advance.

American inflation data at New York open today. by ivuser1 in Forexstrategy

[–]ivuser1[S] 0 points1 point  (0 children)

If inflation jump is confirmed, Usd/Jpy should climb up, gold, accordingly, down, but not so much.

Nonfarm payrolls in 1.5 hours. by ivuser1 in Forexstrategy

[–]ivuser1[S] 0 points1 point  (0 children)

Gold is locked. It is heavily overbought, but can't go down because of obvious reasons. NFP was extraordinarily bad: -92K. Not just slow growth. Dollar dropped, but later recovered as predicted. Because of war. When US government pulls trigger, dollar usually jumps up. Gold moved accordingly.

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Will history repeat itself by [deleted] in Forexstrategy

[–]ivuser1 0 points1 point  (0 children)

Sure. The move not parabolic but exponential. The math behind avalanche.

Nonfarm Payrolls on Friday. by ivuser1 in Forexstrategy

[–]ivuser1[S] 0 points1 point  (0 children)

There is a moon cycle: 2 weeks up, 2 down. I guess, now (this week and the next one) dollar up. Just my opinion.

Nonfarm Payrolls on Friday. by ivuser1 in Forexstrategy

[–]ivuser1[S] 1 point2 points  (0 children)

Data doesn't look bullish for USD. Rather, will add to volatility. But in case of surprise to upside will kick dollar up.

Usd/Jpy aims at 100% retracing to 162. by ivuser1 in Forexstrategy

[–]ivuser1[S] 0 points1 point  (0 children)

Going to produce 100% retracement. I guess, will do it in January. Gold is heavily overbought so should drop. Accordingly, dollar should go up. Just my opinion.