Giuseppe Basile, CSTA/IFTA
FibStalker Trading
Silver is holding extensions and there is still upside pressure. S&P500 emini-futures wandering around highs, could soon continue higher.
Dollar Index is holding the 94.35 area with no sign of correction. GPB/AUD 1.8900 pushed by weeklies at 1.83, could retrace into 1.89 before a continuation higher.
Algos positioned short around 111.80 in USD/JPY before tomorrow's BOJ outlook report and press conference, a continuation lower seems possible.
GBP/JPY confirmed weekly longs in the last few weeks and could throw into 159.30 before a continuation higher.
USD/CAD on its way into 1.2480 targets and finally NZD/USD has broken recent shorts and seems destined to retest recent highs.
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