Brian Twomey
Brian's Investment
SPX 500
Long above 4426.49 to target 4493.12. Levels: 4437.59, 4448.69,4459.79, 4470.89, 4481.99,
Short 4493.12 to target 4470.91. Levels: 4482.02.
Short below 4426.49 to target 4359.86. Levels: 4415.39, 4404.29, 4393.19, 4382.09, 4370.99.
Long 4359.85 to target 4382.07. Levels: 4370.95.
NZD/USD as posted Sunday, 0.6927 big break held as NZD/USD traded to 0.6900 on an RBNZ 50 point OCR raise. The NZD/USD break higher was the result of Sunday's reported 0.6856. For RBNZ, NZD/USD traded 0.6854 to 0.6900 or 46 pips. On a break of 0.6856 as the smart trade, NZD/USD traded 44 points.
NZD/USD day trade
Day trade depends how a day trade is viewed and factored. Until 10:00 am, 0.6781 to 0.6816 are short and long points. A few pips drop from 0.6781 or above 0.6816 is free money given by Mr. Market and happens every day, all day.
For an actual day trade, the range becomes 0.6907 to 0.6784. A few pips above or below if seen is free money given my Mr. Market every day, all day.
Many years ago, we cracked the trading code to currencies and bunches of financial instruments and as a result, posted gazillions of points and pips for readers. My own mouth drops at my superb commentary, respectfully. I'm pretty much through to posts on websites and the social junk that exists today. If something exists to say or write then its on my blog and exclusive to multi-year friends and followers.
Trading currencies and other financial instruments carries a degree of loss and possible loss of entire investments. Please managed your own risks, stop loss, and margins requirements.
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Editors’ Picks
GBP/USD stays below 1.2450 after UK employment data
GBP/USD trades marginally lower on the day below 1.2450 in the early European session on Tuesday. The data from the UK showed that the ILO Unemployment Rate in February rose to 4.2% from 4%, weighing on Pound Sterling.
EUR/USD steadies above 1.0600, awaits German ZEW and Powell speech
EUR/USD is holding above 1.0600 in the European morning on Tuesday, having hit fresh five-month lows. The pair draws support from sluggish US Treasury bond yields but the rebound appears capped amid a stronger US Dollar and risk-aversion. Germany's ZEW survey and Powell awaited.
Gold price holds steady below $2,400 mark, bullish potential seems intact
Gold price oscillates in a narrow band on Tuesday and remains close to the all-time peak. The worsening Middle East crisis weighs on investors’ sentiment and benefits the metal. Reduced Fed rate cut bets lift the USD to a fresh YTD top and cap gains for the XAU/USD.
SOL primed for a breakout as it completes a rounding bottom pattern
Solana price has conformed to the broader market crash, following in the steps of Bitcoin price that remains in the red below the $65,000 threshold. For SOL, however, the sensational altcoin could have a big move in store.
Key economic and earnings releases to watch
The market’s focus may be on geopolitical issues at the start of this week, but there is a large amount of economic data and more earnings releases to digest in the coming days.