Trading Currency Pair Price Spreads

Dear friends, long time followers and the many recent traders to the site

Merry Christmas and God’s love, grace and mercies to a new healthy, happy and prosperous new year.

Idleness to postings is the result of a 70 -80 page book on the wild Congressional election of 1870 in South Carolina and scheduled to publish sometime in January.

The book is derived from 6 months of research and from original research as the papers and testimony from both candidates. Original research from Congress, S.C archives, Congressional Globe, Annals of Congress and 1000’s upon 1000’s of newspaper articles covering 10 ish years.

GBP/USD closed 1.3530 and USD/CAD 1.2841 or 689 pips. This spread is far to wide. As was sent to FX Street and never published, we’ve seen rare days of 1100 pip spreads. Normal is 300 to 500 then 6 to 8 requires warning and above 800 then free trades and free money exists.

Last Sunday open, the spread was 700 ish pips and on Monday, GBP fell 300 pips to 1.3100’s and USD/CAD rose about 300 to high 1.2900’s from low 1.2700’s. Once the spread regained a normal 200 and 300 pips then the spread widened again to current 700 pips.

The message to trading spreads for GBP/USD and USD/CAD is either GBP is overbought or oversold or USD/CAD is overbought or oversold. Today, GBP/USD is overbought and USD/CAD is oversold. Spreads expand and contract, expand and contract and all based on the price and nothing else. GBP and CAD is the best currencies to trade spreads due to its perfect opposite price relationship.

Another way to view and trade spreads is GBP/CHF is derived from GBP/USD and CAD/CHF. For CAD/CHF is the opposite pair to USD/CAD and opposite to GBP/CHF.

Note how EUR/NZD and GBP/NZD always maintains an 1800 pip spread. Any trading day and anytime of any trading day, the spread maintains 1800 pips. GBP/NZD closed 1.9012 and EUR/NZD 1.7114 or 1898 pip spread. The spread is off by 98 pips and a free 98 pip trade. Either GBP/NZD must drop or EUR/NZD must rise. I have EUR/NZD rise this week.

EUR/NZD and GBP/CAD are opposite pairs. GBP/CAD closed at 1.7376 and EUR/NZD 1.7114 or 262 pips and at extremes to spreads. GBP/CAD lower this week will close the gap.

Always note price crossovers for free trades. If EUR/NZD rises and GBP/CAD drops then the dividing line between both is 1.7245. This is the point of either a crossover will occur then expansion or prices will again contract.

GBP/USD Vs USD/CAD dividing line is 1.3185 and note GBP/USD last week hit exactly at 1.3185. A break above or below 1.3185 is required for GBP/USD or USD/CAD to crossover and see price expansion. But 1.3185 is the point of contraction as was seen last week.

GBP/NZD and EUR/NZD won’t ever see crossovers to prices because the spread of prices is far to wide. GBP/AUD and EUR/AUD won’t ever trade crossovers because the spread is far to wide.

EURUSD Vs Current NZDCHF as the bottom most currency price.

Current NZDCHF 0.6313 V EURUSD 1.2178

Take 1.2178 – 0.6313 = 0.5865

0.5865 Divide by 2 = 0.2932

NZDCHF 0.6313 + 0.2932 = NZDCAD 0.9245

NZDCAD Close 0.9168 V target 0.9245

Watch NZD/CAD 0.9245 as a contraction point and price drops.

NZDJPY Close 73.71, Big High/ Low Break point 72.07 or 164 pips.

From 0.7371 to move the decimal point, Big High/ Low Break point becomes 67.05 or 667 pips from 73.71 or 667 pips from 0.7371 to 0.6705.

No difference to the Distribution, scales remain the exact same. The only question is how far one wishes to view the price.


NZDJPY
0.7371

EURNZD 0.7114

NZDUSD 0.7111

NZDCHF 0.6313

NZDJPY 0.7371 – 0.6313 = 0.6842 or = NZD/USD support and Target. NZD/USD price will expand or contract.

To Continue

EURNZD 0.7114 -0.6313 = 06713

NZDUSD 0.7111 – NZD/CHF = 0.6313 = 0.6712 NZD/USD support.

NZD/USD is well supported at 0.6842 and 0.6712.

The Trader Mastered exact Science of Trading when

1. Dump Charts

2. Calculate trades under 2 minutes

3. Know exact price location every Second

4. Target Most Vital,

5. Entry, secondary

6. Understand & repair Missed entry

7. Targets Hit

8. No stops

Contact for trades brian@btwomey.com

Brian Twomey

GBP/USD VS USD/CAD Averages and Targets

GBPUSD 1.3520 V USDCAD 1.2779 Closes or Whopper 741 Pips Spread.

Says Market at extremes. I’ve seen 1100 spreads but extreme rare day.


How to #trade both? By #Averages

As GBP trades lower then CAD trades higher to alleviate the massive spread

#GBP
5 Day `1.3490 #Target 1.3576

10 Day 1.3404 #target 1.3542

20 Day 1.3389 #target 1.3505

50 Day 1.3276 #Target 1.3432

100 Day 1.3099 #Target 1.3314

200 Day 1.2955 #Target 1.3260

253 day 1.2840 #Target 1.3205

#CAD
5 Day 1.2740 #Target 1.2769

10 Day 1.2757 #Target 1.2787

20 Day 1.2817 #Target 1.2731

50 Day 1.2974 #Target 1.2818

100 Day 1.3106 #target 1.2925

200 day 1.3255 #Target 1.3018

253 Day 1.3396 #Target 1.3032

#GBP Overbought, #CAD Oversold

#trade both, not just 1 #currency

#USDCAD 5 Year #Average
1.3180, #Target 1.2790 achieved

#GBP 5 year #Average

1.3087 #target 1.3713

#GBPUSD Vs #USDCAD

Crossover 1.3180 vs 1.3095 Area
Crossover means significantly Higher #USDCAD and Miles lower #GBPUSD

Crossovers not ready yet

GBP/USD big High / Low Break for week 1.3207

USD/CAD Big High / Low Break for week 1.3006

USDCAD Close 1.2779 or 227 pips from 1.3006

GBP/USD Close 1.3520 or 313 pips from 1.3207

Trading crossovers short term 1.3206 V 1.3006 or 200 pips

Brian Twomey

FX Commentary and Vital Averages

EUR/USD, NZD/USD and USD/CAD traded a 100 pip range last week while AUD/USD roamed 200 and GBP/USD 300 pips.


Over last 3 weeks, EUR/USD, NZD/USD, AUD/USD and GBP/USD traded a 300 pip range while USD/CAD traded 400 pips.


Last week, EUR/JPY traded 100 pips, GBP/JPY traded 400, AUD/JPY 200 and both NZD/JPY and CAD/JPY traded 100 pips.


Last 3 weeks, EUR/JPY ranged 400 pips, GBP/JPY 400 pips, AUD/JPY 300 , CAD/JPY 300 and NZD/JPY 200. GBP/JPY total 400 pips traded last week.


Last week, GBP/CHF range traded 200 pips, AUD/CHF 200 and NZD/CHF 100 pip range.


Last 3 weeks, GBP/CHF range traded 400 pips, AUD/CHF 200 and NZD/CHF 100.


Last week, GBP/NZD range traded 500 pips and 200 for EUR/NZD.


Last 3 weeks, GBP/NZD range traded 700 pips and 300 for EUR/NZD.


Last week, GBP/AUD traded 600 pips, EUR/AUD 300 pips and GBP/CAD 500.


Last 3 weeks, GBP/AUD traded a 900 pips range, GBP/CAD 700 and EUR/AUD 300 pips.


GBP pairs traded the best ranges last week in relation to the last 3 weeks otherwise GBP pairs would’ve traded 1/2 the ranges.


GBP/USD dropped 300 pips from richter scale overbought while deeply oversold GBP cross pairs lack any resemblance of a clue what to do next and decided to drop into deeper oversold status.


While GBP/USD dropped 300 pips, AUD/USD failed to follow and traded 100 pips higher while EUR/USD, NZD/USD and USD/CAD remained in a 100 pips range. GBP lower and AUD/USD higher assisted GBP cross pairs lower.


The traded ranges for GBP/NZD, GBP/AUD, EUR/AUD and GBP/CHF were actually not unusual as all hit the weekly normality price and had a deep decision to rise significantly higher or drop. GBP/CAD, a severely off kilter currency pair traded to deep non normal.


NZD/USD and cross pairs are trading in tiny ranges however NZD/JPY and NZD/CHF are aligned correctly to NZD/USD. Same status for AUD/USD as cross pairs are aligned.
Overall, GBP/USD, AUD/USD and NZD/USD contain problems to 5 year averages at GBP/USD 1.3093, AUD/USD at 0.7286, NZD/USD 0.6818. EUR/JPY joins the ranks to cross 5 year averages at 124.28 and explains why EUR/JPY failed to follow GBP/JPY last week.


Break of 5 year averages and failure to follow from Cross pairs is causing many price problems to cross pairs as cross pair 5 year averages are miles away from current prices.


GBP


GBP/USD is well supported by its vital high/ low point at 1.3145 then the 5 year average at 1.3095 and many averages at 1.2900’s. The recommendation this week is deep caution to GBP/USD and / or stand clear as GBP/USD remains dead center inside wide ranges. A trade is not available.

Deep caution as well to GBP/JPY. Both GBP/USD and GBP/JPY rank last on the GBP scale. GBP/USD can trade easily to the 1.3100 break or 1.3400. Better trades exist rather than shooting dice.
GBP cross pairs GBP/NZD, GBP/CHF, GBP/CAD and GBP/AUD are deeply oversold and severely off kilter to GBP/USD and GBP/JPY. Long against caution.


AUD


AUD/USD is well supported at the 5 year average 0.7286 then the high/ low point at 0.7276. An alignment is finally reached and massively overbought AUD must decide its destiny to correct and travel higher or break 0.7200’s and travel lower. AUD/USD is aligned to its cross pairs and all sit at overbought. Far better trades this week than GBP.


NZD


NZD/USD 5 year average at 0.6818 then the high / low point at 0.6850 finally aligns NZD. At NZD/USD at 0.7000’s sits at dead neutral while cross pairs NZD/JPY and NZD//CHF are overbought.


EUR


EUR/USD approaches the 10 year average at 1.2188 and is massively overbought from lower averages at 1,1200;s to 1.1800’s. EUR/USD will eventually trade to 1.1700’s. It must trade to 1.1700’s.


EUR/JPY is the EUR/USD problem to lower EUR/USD. Lower for EUR/JPY must break 124.51, the 5 year average at 124.28 then the 10 year at 123.77. Above, EUR/JPY faces the 15 year average at 128.59. Overall 124.00’s to 128.00 and a 400 pip range.


USD/CAD higher must break 1.3063 then its 5 year average at 1.3184. Notice GBP/USD 5 year average 1.3095 and 1.3063 for USD/CAD. Notice GBP/USD 1.3145 to USD/CAD 1.3184.
Overall currency market prices are defined by GBP/USD and USD/CAD 1.3000 and 1.3100’s. USD is defined by 1.3000’s and 1.3100’s. GBP/USD and USD/CAD lower and higher by crossovers is defined by 1.3000’s and 1.3100’s.


Currency markets will continue to trade uneven prices until a resolution of 5 year averages is seen for GBP/USD, AUD/USD, NZD/USD and EUR/JPY. However AUD and NZD are beginning to normalize, EUR/JPY is supported and higher for GBP/USD will see the 1.3095 meet its vital break point at 1.3145. GBP/USD will then normalize.


GBP/CHF this week is deeply oversold while AUD/CHF is overbought and NZD/CHF fairly neutral.

Brian Twomey

Weekly Trades: EUR/USD and NZD/JPY

Not only are 18 weekly currency pairs traded week after week over many years but 18 pairs are ranked as best to least favored. This preview I’m offering is new and not yet completely validated to 18 pairs but CHF cross pairs as GBP/CHF, AUD/CHF and NZD/CHF seem to trade really well on a rotation basis every 2 weeks. Last week, CHF cross pairs ran well at +100 pips.

Entries and targets performed perfectly which means CHF pairs traded normally. USD and Non USD pairs fell far off normal. This week, CHF cross pairs are low on the rankings and USD V Non USD receive high rankings. CHF cross pairs are lower ranging while lately, USD V Non pairs are trading in wide, wide ranges.

The other concept is CHF cross pairs relation to EUR/NZD and GBP/NZD. EUR/NZD and GBP/NZD last week also received high ranking but this doesn’t happen often except for about every 2 to 3 weeks. Early assumption until I get to this concept further is CHF pairs are running wide and good along with GBP/NZD and EUR/NZD.

Markets and currency pairs seem to work on a rotation basis which wouldn’t be unusual for markets generally.

Low ranking pairs this week: AUD/CHF, NZD/CHF, EUR/NZD, GBP/CHF and GBP/NZD.

We’ll Run EUR/USD and NZD/JPY again this week. NZD/JPY closed at last week’s entry price at 73.37 and barely moved 100 pips while EUR/USD decided to travel 100 pips past entry. Beside the least favored pairs above, 13 pairs begin the week at extreme overbought and oversold levels. Entries hardly matters

Overall, JPY cross pairs are overbought and the risk of 5 year averages remain upon us.

EUR/USD

Short Anywhere or 1.2130 and 1.2154 to target 1.1892

Long 1.1892 to target 1.1963.

Short below 1.1820 to target 1.1677

NZD/JPY

 Short 73.46 and 73.66 to target 72.29. 

long 72.29 to target 72.68.

 Short below 71.51 to target 70.33. Long 70.33 to target 71.12

Brian Twomey

Currency In Circulation, Volume, Debt

Great quote from the 1860’s. Purpose of Currency is for use to live properly, to receive and pay expenses, for correct existence. My Quote. But nobody has currency.

This is primitive yet subtract currency in circulation year to year from bonds outstanding.

Full Currency in Circulation numbers are released yearly.

Currency in Circulation as of November 2020 = 2.01 trillion or 2, 000, 000, 000, 000.

Currency in Circulation 2019 Value in Billions: 1, 800, 000.

For 2018 = 1,6000, 000

Increased every year since 1999.

Costs $800 million for total Cash operations to print, destroy old, wages, Etc.

Volume of currency Billions. 2019 = 44.9 billion, 2018 = 43.4 billion. 2020 = 2,055, 678

USD total Fixed Income Outstanding 40%. Then 2 trillion X 40% = $800,000,000,000

This image has an empty alt attribute; its file name is coin_currcircvalue.jpg
This image has an empty alt attribute; its file name is coin_currcircvolume.jpg
Market Value of U.S. Government Debt
Market Value of U.S. Government Debt as a Share of GDP
Market Value of U.S. Government Debt
Market Value of U.S. Government Debt as a Share of GDP

Brian Twomey

18 Weekly Currency Trades

3 pairs went off entry by 100 ish pips: EUR/USD, EUR/JPY, GBP/JPY. How about NZD/JPY and CAD/JPY off by about 50 ish pips which is nothing except extra weekly Pips.

Big winners and Perfect Trades: GBP/AUD and EUR/NZD at +227 and + 203 or +430 pips.

GBP/NZD + 100 ish Pips. Entry perfect but target not achieved.

USD/CAD + 83 pips, perfect entry but no follow through

AUD/USD, AUD/CHF and AUD/JPY Now at weekly entry points

EUR/AUD +100 ish Pips and note GBP/AUD +227. Big divergency between both. GBP/AUD over last week’s has been great trades and good entries and targets.

NZD/USD, NZD/CHF now at weekly entries, and Short anywhere for NZD/JPY.

GBP/JPY. Interesting GBP/USD entry off 64 pips and GBP/CHF entry off 44 pips but target achieved from 1.2108 and 2nd leg perfect and achieved for +99 pips.

GBPCAD off entry 40 ish pips but target achieved for +155 pips.

As usual we trade the entire currency market perfectly every week over many, many years for 1000 + pips weekly. Certain weeks more, other weeks slightly less but 1000 is good average. And 80 day trades for 98 weekly trades.

See for yourself and notice the trade rankings.

Favored trades this week: EUR/USD, EUR/AUD, EUR/NZD, USD/CAD, CAD/JPY, NZD/USD, NZD/JPY, NZD/CHF, AUD/USD, AUD/JPY, AUD/CHF, EUR/JPY


Note. Ranges expanded and are wide. Means 200 and 300 ish pip moves possible. Also means targets are further than normal. Note ranges by extra range points added. The week begins as USD such as USD/CAD in severe oversold and Non  USD such as EUR/USD,

AUD/USD, GBP/USD and NZD/USD severe overbought. Concerning aspect is 5  year averages for GBP/USD, AUD/USD and NZD/USD to trade above those averages at 1.3107, 0.7285 and 0.6813.


EUR/USD Break Point 1.1754, below targets 1.1632.


Strategy. Short 1.1999 and 1.2019 to target 1.1815. Must cross 1.1979, 1.1959, 1.1939, 1.1919, 1.1899, 1.1879, 1.1859, 1.1839 and 1.1819. Short below 1.1754 to target 1.1632. Long 1.1632 to target 1.1713. Cautious long 1.1819 to target 1.1876. Long only strategy.


EUR/AUD. Break Point 1.6340, above targets 1.6457.


Strategy. Long 1.6147 and 1.6139 to target 1.6290. Must cross 1.6163, 1.6179, 1.6195, 1.6211, 1.6227, 1.6243, 1.6249, 1.6265 and 1.6281. Long above 1.6340 to target 1.6457. Short 1.6457 to target 1.6374. Cautious short 1.6290 to target 1.6222. Short only strategy.


EUR/NZD. Break Point 1.7383, above targets 1.7516.


Strategy. Long 1.7001 and 1.6984 to target 1.7283. Must cross 1.7016, 1.7032, 1.7048, 1.7064, 1.7080, 1.7096, 1.7112, 1.7128, 1.7144, 1.7160, 1.7176, 1.7192, 1.7208, 1.7224, 1.7240, 1.7256 and 1.7272. Long above 1.7383 to target 1.7516. Short 1.7516 to target 1.7450. Cautious short 1.7283 to target 1.7150. Weekly strategy.


USD/CAD. Break Point 1.3187, above targets 1.3313.


Strategy. Long 1.2940 and 1.2929 to target 1.3122. Must cross 1.2961, 1.2982, 1.3003, 1.3024, 1.3045, 1.3066, 1.3087 and 1.3108. Long above 1.3187 to target 1.3313. Short 1.3313 to target 1.3251. Cautious short 1.3122 to target 1.3058. Short only strategy.


CAD/JPY. Break Point 79.66, below targets 79.17.


Strategy. Short 80.26 and 80.36 to target 79.76. Must cross 80.06 and 79.86. Short below 79.66 to target 79.17. Long 79.17 to target 79.57. Cautious long 79.76 to target 80.16. Long only strategy.


NZD/USD. Break Point 0.6765, below targets 0.6625.


Strategy. Short 0.7044 and 0.7067 to target 0.6835. Must cross 0.7021, 0.6998, 0.6975, 0.6952, 0.6929, 0.6906, 0.6883, 0.6860 and 0.6837. Short below 0.6765 to target 0.6625. Long 0.6625 to target 0.6719. Cautious long 0.6835 to target 0.6902. Long only strategy.


NZD/JPY. Break Point 71.04, below targets 70.34.


Strategy. Short 73.15 and 73.32 to target 71.56. Must cross 72.97, 72.79, 72.61, 72.43, 72.25, 72.07, 71.89 and 71.71. Short below 71.04 to target 70.34. Long 70.34 to target 70.86. Cautious long 71.56 to target 72.14. Long only strategy.


NZD/CHF. Break Point 0.6199, below targets 0.6111.Strategy. Short 0.6377 and 0.6391 to target 0.6259. Must cross 0.6363, 0.6349, 0.6335, 0.6321, 0.6307, 0.6293, 0.6279  and  0.6265.Short below 0.6199 to target 0.6111. Long 0.6111 to target 0.6171. Cautious long 0.6259 to target 0.6314. Long only strategy.


AUD/USD. Break Point 0.7195, below targets 0.7081.


Strategy. Short 0.7419 and 0.7428 to target 0.7251. Must cross 0.7401, 0.7383, 0.7365, 0.7347, 0.7329, 0.7311, 0.7293, 0.7275 and 0.7257. Short below 0.7195 to target 0.7081. Long 0.7081 to target 0.7158. Cautious long 0.7251 to target 0.7306. Long only strategy.


AUD/JPY. Break Point 75.56, below targets 74.80.


Strategy. Short 77.08 and 77.20 to target 75.94. Must cross 76.82, 76.56, 76.30 and 76.04. Short below 75.56 to target 74.80. Long 74.80 to target 75.31. Cautious long 75.94 to target 76.32. Long only strategy.

AUD/CHF. Break Point 0.6594, below targets 0.6535.


Strategy. Short 0.6711 and 0.6720 to target 0.6614. Must cross 0.6692, 0.6673, 0.6654 and 0.6635. Short below 0.6594 to target 0.6535. Long 0.6535 to target 0.6575. Cautious long 0.6614 to target 0.6652. Long only strategy.


EUR/JPY. Break Point 123.44, below targets 122.85.Strategy. Short 124.63 and 124.82 to target 123.74. Must cross 124.43, 124.23, 124.03 and 123.83. Short below 123.44 to target 122.85. Long 122.85 to target 123.24. Cautious long 123.74 to target 124.23. Long only strategy.


                GBP


Favored trades this week: GBP/USD, GBP/JPY, GBP/NZD, GBP/AUD, GBP/CHF, GBP/CAD


GBP/USD. Break Point 1.3093, below targets 1.2935.


Strategy. Short 1.3365 and 1.3378 to target 1.3175. Must cross 1.3338, 1.3311, 1.3284, 1.3257, 1.3230 and 1.3203. Short below 1.3093 to target 1.2935. Long 1.2935 to target 1.3039. Cautious long 1.3175 to target 1.3256. Long only strategy.


GBP/JPY. Break Point 137.51, below targets 136.60.

Strategy. Short 139.02 and 139.17 to target 137.81. Must cross 138.86, 138.70, 138.54, 138.38, 138.22, 138.06 and 137.90. Short below 137.51 to target 136.60. Long 136.60 to target 137.21. Cautious long 137.81 to target 138.42. Long only strategy.


GBP/NZD. Break Point 1.9362, above targets 1.9473.


Strategy. Long Anywhere or 1.8918 to target 1.9251. Must cross 1.8945, 1.8972, 1.8999, 1.9026, 1.9053, 1.9080, 1.9107, 1.9134, 1.9161, 1.9188, 1.9215 and 1.9242. Long above 1.9362 to target 1.9473. Short 1.9473 to target 1.9418. Cautious short 1.9251 to target 1.9140. Weekly strategy.


GBP/AUD. Break Point 1.8202, above targets 1.8317.


Strategy. Long Anywhere or 1.7986 and 1.7979 to target 1.8159. Must cross 1.8001, 1.8014, 1.8028, 1.8042, 1.8056, 1.8070, 1.8084, 1.8098, 1.8112, 1.8126, 1.8140 and 1.8153. Long above 1.8202 to target 1.8317. Short 1.8317 to target 1.8231. Cautious short 1.8159 to target 1.8087. Weekly strategy.


GBP/CHF. Break Point 1.1999, below targets 1.1902.


Strategy. Short 1.2096 and 1.2108 to target 1.2023. Must cross 1.2072, 1.2048 and 1.2024. Short below 1.1999 to target 1.1902. Long 1.1902 to target 1.1975. Cautious long 1.2023 to target 1.2072. Long only strategy.


GBP/CAD. Break Point 1.7259, below targets 1.7155.Strategy. Short 1.7342 and 1.7363 to target 1.7280. Must cross 1.7322, 1.7302 and 1.7282. Short below 1.7259 to target 1.7155. Long 1.7155 to target 1.7238. Cautious long 1.7280 to target 1.7322. Weekly Strategy.

Brian Twomey

5 Year Averages: EUR, AUD, NZD, GBP, EUR/JPY

Following currencies broke above 5 year averages.: EUR/USD, GBP/USD, AUD/USD, NZD/USD and EUR/JPY.


EUR/USD Broke its 5 year average at 1.1336. The next average to break is the 10 year at 1.2131 and 1.2169. Top of EUR/USD 20 year range is 1.2600’s. The 20 year mid point is locate at 1.1954.


EUR/USD remains richter scale overbought from averages 1.1200’s to 1.1700. Lower requires a break of 1.1781 to target 1.1400’s. Current range 1.1781 – 1.2131.
No excitement to 1.2131 as lower averages remain far more overbought on a possible break. Short is the only way for EUR/USD especially as EUR enters its seasonal downtrend beginning usually in December /January and holds until April / May when the slow uptrend begins again. Traditional big drops for EUR/USD are seen in January and most every year since 1999 introduction.


EUR/JPY is the only JPY cross pair to break its 5 year average at 124.32. Lower for EUR/JPY must break 124.32 and 123.71. Short term, EUR/JPY is deeply overbought. Medium and long term, EUR/JPY is fairly neutral. EUR/JPY next big line at the 14 year average is located at 128.63.


The 20 year range mid point is located at 126.65.
GBP/JPY 5 year average is located at 143.82 then 10 year at 148.04. GBP/JPY 143.82 Vs EUR/JPY 124.32. EUR/JPY ranges are far smaller than traditional JPY cross pair leader, GBP/JPY so EUR/JPY is viewed as EUR/USD and its short.


AUD/USD 5 year average is located 0.7285 and hasn’t moved 1 pip since weeks ago reported to 5 year averages. Lower for AUD/USD must break 0.7285 and 0.7211. This line at 0.7211 is rising fast to meet 0.7285. If 0.7211 rises above 0.7285 then possible reconsideration to targets however AUD is deeply overbought from 0.6800’s to 0.7200’s and the 20 year mid point is located at 0.7641.


NZD/USD 5 year average is located at 0.6816 and a 3 pip move since last reported to 5 year averages. Lower for NZD must break 0.6816 and 0.6793. Like AUD, 0.6793 is rising fast. Current target for 0.6816 is 0.7155. Current NZD is richter scale overbought daily and weekly. Longer term, NZD is massive overbought from 0.6500;s to 0.6700;s. The 20 year mid point range to averages is located 0.6905.


NZD/USD 20 year mid point 0.6905 Vs AUD/USD at 0.7641.


GBP/USD 5 year average is located at 1.3104. Lower for GBP/USD must break 1.3104 and 1.3116. This line at 1.3116 rose fast and now trades above the 5 year average. However 1.3116 is massive overbought and targets lower to 1.3200’s. Target at the 5 year average is located at 1.3760. The next big break for GBP/USD is located at 1.3560.
Current GBP/USD daily and weekly is also massive overbought.


GBP/USD 20 year mid point is located at 1.4310. Why high is averages still feel the effects of the brexit drop 3 years ago. Averages dropped about 1000 pips over 3 years.
GBP/AUD 5 year average is located at 1.8469 and 1.9261 for GBP/NZD. For GBP/NZD higher must break 1.8261 and 1.9316. Current GBP/NZD is massive oversold and explains NZD/USD deeply overbought.


EUR/AUD higher must break 1.6341 and a break will force AUD/USD Lower to break its 5 year average at 0.7285. Then 0.7211.


Despite 5 year average breaks, the cross pairs fail to follow.


Beginning week mentioned to much wider ranges for this week and we’ve seen much wider trading ranges.

Brian Twomey #fx

Currency Pair Charts

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#GBPUSD VS #GBPJPY V #EURUSD V #EURJPY V #NZDUSD V #NZDJPY 1 week See #JPY Cross pairs above Non USD Pairs

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#GBPNZD and #EURNZD Miles to Low, #NZDUSD miles to high V All #currencies#EURUSD and #GBPUSD#Trades Dead Center

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#GBPUSD V #GBPCHF V #EURUSD V #EURCHF V #NZDUSD V #NZDCHF #CHF holding support but far to close, drop required for non #usd drop

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#AUDUSD miles To High, VS #EURAUD and #GBPAUD to Low #EURUSD To High V #EURAUD & #GBPUSD to High V #GBPAUD#NZDUSD To High V All #Currencies

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#GBPUSD VS #GBPJPY V #EURUSD V #EURJPY V #NZDUSD V #NZDJPY 1 week See #JPY Cross pairs above Non USD Pairs

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Brian Twomey

Weekly Trades: EUR/USD and NZD/JPY

Non USD currency pairs, EUR/USD, NZD/USD and AUD/USD begin the week in deep overbought while USD pairs USD/CAD and USD/CHF closed at severe oversold. USD/CHF is deeply oversold short, medium and long term. Oversold from its high/low break point at 0.9170, the 10 year average at 0.9519 and the 5 year average at 0.9780. The 10 year average crossed below the 5 year in July and the 4 month USD/CHF downtrend began to current 0.9042.


USD/CHF oversold contrasts to fairly mild USD/CAD oversold and USD/JPY as usual lacks any resemblance to a directional clue. USD/JPY price is surrounded by many averages and forces no significant movement. Higher USD/JPY must break 105.04 and a line that hasn’t moved in many weeks. Overall, the 5 year average is located at 109.00’s while 102.00’s is solid at the 10 and 14 year averages.


Oversold USD/CHF then forces lower and deeply oversold to cross pairs arranged as Other Pair/CHF. GBP/CHF, AUD/CHF, NZD/CHF and CAD/CHF ranges over many weeks severely compressed. NZD/CHF this week however woke up from its range compression and should see great moves and the only pair in the CHF cross pair universe. Typical to stand clear of EUR/CHF. Once a truly great and trade able currency but now not worth any trouble.


NZD/USD begins the week in deep overbought and NZD cross pairs are in agreement. As bottom pair and moves higher over last weeks forced EUR/USD, GBP/USD and AUD/USD higher. NZD/USD broke its significant averages at 0.6700;s then the 5 year at 0.6800’s and traveled to 0.7000’s.

Concerning aspect overall is GBP/USD, AUD/USD and NZD/USD break of 5 year averages at GBP 1.3100’s, AUD 0.7285 and 0.6800;s for NZD.


NZD/USD’s break higher forced EUR/NZD and GBP/NZD into massive oversold. AUD/USD’s break forced EUR/AUD and GBP/AUD into massive oversold. AUD/USD is held by 0.7285 and 0.7196 and breaks required to move lower.


GBPUSD’s break allowed a wide trading range between GBP/CHF and GBP/JPY. GBP/USD for the week is mild overbought, GBP/JPY deep overbought and GBP/CHF sits idle. GBP/CHF and GBP/JPY are directional leaders to GBP/USD instead of normal GBP/USD leadership.


GBP/USD averages at 1.2800’s mentioned 2 weeks ago is now solid at 1.2900’s, a high/low break point at 1.3093 and 5 year average at 1.3100’s.


While GBP/USD, AUD and NZD broke 5 year averages, cross pairs failed to follow and no threats exists for cross pair break of 5 year averages.


For EUR/USD 3 lines hold EUR higher 1.1700’s, 1.1400’s and deep overbought 1.1300’s at the 5 year average. EUR/USD cannot sustain higher much longer and longs aren’t recommended.


Interesting to currency markets is battle lines are clearly drawn and distinguished across all currency pairs. GBP/USD, AUD/USD and NZD/USD break of 5 year averages forced non normalcy to wide rangers. Since cross pairs fail to follow, I’m looking at 5 year averages as just another support point because the 5 year lines aren’t moving nor are cross pairs.


Most interesting to this week is deep range expansion across a vast majority of the 18 currency pairs traded every week and includes wide rangers GBP/NZD, EUR/NZD, GBP/AUD and EUR/AUD. Overbought JPY cross pairs and lower will force lower to EUR/USD, GBP/USD, AUD/USD and NZD/USD.


EUR/USD


Short 1.1999 and 1.2019 to target 1.1815
Short 1.1754 to target 1.1632
Long 1.1632 to target 1.1713
long 1.1819 to target 1.1876.


NZD/JPY


Short 73.15 and 73.32 to target 71.56
Short below 71.04 to target 70.34
Long 70.34 to target 70.86.
long 71.56 to target 72.14.


When the RBA dropped OCR to 0.10, RBNZ regained top interest rate position throughout all central banks at OCR 0.25. AUD/JPY lost its shine as range and risk reversal leader in favor of NZD/JPY as top JPY cross pair. Reigns supreme above GBP/JPY.

Brian Twomey

DAX Next 24 Hours

A few interest rate experiments to trade DAX for the next 24 hours.

Today’s Range open 13,350.00 bottomed 13,239.31 then bolted to 13,307.13 and closed at 13,289.30. I see why trade indices. Open to close 60.7 points. Then 13,239.31 to 13,307.13 =67 points. We’re dealing with 60 ish pip ranges and not bad.

USD interest rates says this

Long Bottom. 13,223.35 to target 13,289.80 and 13294.78.

Then short 13294.78 to target 13259.07.

Europe Interest Rates

Bottom 13,215.36. an 8 point difference to USD.

Same Target 13289.80 then 13,304.18.

To target must break 13256.57, 13272.57, 13,280.57

DAX big numbers but trade reciprocals then close located at 0.00008.

Tomorrow won’t be an experiment. No difference between Europe and USD interest rates to predict and trade DAX over 24 hours.

Brian Twomey

Weekly Trade Criteria, Same and Opposite Currencies

Same Currency Pairs and same trades: EUR/USD and EUR/JPY, GBP/USD and GBP/JPY, AUD/USD and AUD/JPY, NZD/USD and NZD/JPY. For JPY was designed as attachment pairs to main USD Vs Non USD for viability rather than a range issue.


Normally USD/JPY and CHF/JPY are same pairs and same trades however not running together currently nor has been running correctly for months. Could be Correlation issue but a Correlation is unitless as its a number that floats positive and negative between currency prices. Underlying issue to correlations is difference between most vital moving averages. One pair may trade above while another trades below or one price may be correct but another not correct yet trade above or below averages.


An investigation to averages will reveal the answer.


Same pairs: AUD/USD, AUD/JPY, AUD/CHF. NZD/USD, NZD/JPY, NZD/CHF, GBP/USD, GBP/JPY, GBP/CHF, EUR/USD, EUR/JPY, EUR/CHF.


One problem to any currency pair in the 3 pair mix above then price problems will be seen.


Same Pairs: EUR/NZD, GBP/NZD Vs EUR/AUD and GBP/AUD. For EUR/NZD and GBP/NZD connects high range vs low range currencies as EUR/USD and NZD/USD and GBP/USD and NZD/USD. GBP/NZD and EUR/NZD are widest range currency pairs among 28. Next set to wide ranges is EUR/AUD and GBP/AUD.


AUD/NZD is pretty much the same pair and same trade as AUD/CAD for AUD/NZD price is the same as AUD/CAD only opposite.


EUR/CAD, GBP/CAD, AUD/CAD and NZD/CAD may or may not add to the above 3 currency pair same trade mix above. Currently, all are not running correctly.
Same trades for the universe of 4 is when all run perfectly together.


Opposite: USD/CAD and CAD/JPY. Same trades: USD/CAD, USD/JPY, USD/CHF.


Problem Pair criteria: Inner price statistics. Range issues. Low range is problem. Noise ratio Vs Coefficient variation. GBP/CAD problem for months. Noise ratio current 296.96 vs variation 0.3367. Or better stated price Signal to price Noise. Big problem to GBP/CAD and others. If 1 category is affected then all are problems. EUR/CAD and GBP/CAD are problems currently.


Problem pairs are subject to price swings and don’t follow perfectly price paths. Old days of trading this point was far more significant than today as ranges for all currency pairs died.


Problem pairs: Trading higher into overbought or lower into oversold. GBP/CAD meets all criteria for many months and EUR/CAD just entered the mix.
Never trade problem pairs.

Weekly Trade criteria: Price Location. Price Location to moving averages. Entries are secondary to targets. Entry to target question: Easy trade, how many pips, is universe operating correctly. Overbought Vs oversold however this point is fairly mute in this new day of trading. Ranges.

Brian Twomey

GBP/USD Vs EUR/USD Weekly Trade

EURUSD Weekly Trade As Posted

Short 1.1891 and 1.1902 to target 1.1739

Highs 1.1893, Lows 1.1815

Trade Rans +83 pips

GBPUSD Weekly Trade As Posted

Short 1.32222 and 1.3243 to target 1.3031

Highs 1.3242, Lows 1.3165

trade Rans +77 pips

Why GBP is the skitzo currency among all 24 pairs must compare to EUR/USD.

EUR/USD weekly short point was 1.1893. EUR/USD Bounced from 1.1815 but note EUR/USD never touched the weekly short point at 1.1893. Twice EUR/USD hit 1.1890 then dropped but never hit nor surpassed 1.1893. EUR/USD hot 1.1881 then dropped. This is a typical short or long trade for all currency pairs except GBP. The short or long weekly point never again touches during the week. Three shorts existed for a few pips from 1,1881 and twice at 1.1890.

GBP/USD on the other side of the equation offered 77 pips then bounced but bounced to 1.3300’s and far surpassed our weekly short points at 1.3222 and 1.3243. GBP/USD and cross pairs are the only currencies to surpass a weekly long or short point. Doesn’t happen often but it happens and this is what makes GBP a skitzo currency and sometimes dangerous.

Here’s the weekly points to 1.3031 target. Must cross 1.3201, 1.3180, 1.3159, 1.3138. GBP/USD dead stopped at 1.3165 then bounced.

Points below and solid on Monday was the 5 year average at 1.3120 then 1.3167 and the weekly break point at 1.2996. GBP/USD broke 1.3167 and dead stopped 2 pips below at 1.3165. Pretty nasty fake out.

So despite higher to 1.3300’s, GBP traded to 1.3194 lows again.

Brian Twomey

18 Weekly Trade Update

GBPJPY Weekly Trade As Posted.

Short 138.18 and 138.31 to target 136.99

Highs 138.86, Lows 137.19

trade Runs from 138.31 +112 pips From 138.86 +167 pips

CADJPY Weekly Trade As Posted

Short 80.19 and 80.33 to target 79.76

Highs 80.33, Lows 79.76 Perfect Target

trade Runs +57 pips

2ng Leg

Short below 79.62 to target 78.92

Highs 79.62, Lows 79.22

Trade Runs +40 pips

2 Trades +97 pips

AUDCHF Weekly Trade As Posted

Short anywhere or 0.6647 and 0.66 4 to target 0.6571

Highs 0.6687, Lows 0.6629 Trade Runs from 66 4 +35 pips

This Pair AUDUSD problem to lower

AUDUSD Weekly Trade As Posted

Short 0.7301 and 0.7318 to target 0.7163

Highs 0.7338, Lows 0.7274

Trade Runs +44 pips

Long way to target

AUDJPY Weekly Trade As posted

Short 76.44 and 76.47 to target 75.38.

Highs 76.76, Lows 75.59

21 pips to target

trade Runs from 76.47 +88 pips

EURJPY Weekly Trade As posted

Short 124.22 and 124.34 to target 123.49

Highs 124.42, Lows 123.49

target Complete

Trade Runs +85 pips

2ng Leg Short 123.24 to target 122.51

Lows 122.84 trade Runs +40 pips

2 Trades +125 pips

EURUSD Weekly Trade As Posted

Short 1.1891 and 1.1902 to target 1.1739

Highs 1.1893, Lows 1.1831

Trade Runs +62 pips

GBPAUD Weekly trade As Posted

Long 1.8083 and 1.8065 to arget 1.8193.

Lows 1.7987, Highs 1.8217

Target complete

+152 pip from 1.8065

2nd Leg

Short 1.8193 to target 1.8121

Lows 1.8119

target Complete

Trade Runs +74 Pips

2 trades + 226 pips

EURNZD Weekly Trade As Posted

Long anywhere or 1.7249 and 1.7232 to target 1.7516

Lows 1.7144, Highs 1.7271

Miss Entry 88 pips

trade add 1 lot then +127 pips Or from 1.7232 +49 pips

USDCAD Weekly Trade As Posted

Long 1.3065 and 1.3044 to target 1.3206

Lows 1.3064, Highs 1.3115

Perfect Entry

Trade Runs +51 pips

GBPNZD Weekly Trade As Posted

Long Anywhere or 1.9242 and 1.9221 to target 1.9457

Lows 1.9135, Highs 1.9275

Weekly Range 1.9090 – 1.9275

GBPCHF Weekly Trade as Posted

Short anywhere or 1.2049 and 1.2064 to target 1.1944

Highs 1.2076, Lows 1.2030

Trade Runs +34 pips from 64

Re Short In Effect

Weekly Range 1.2122 -1.1994

GBPCAD. Weekly trade as Posted

Short anywhere or 1.7342 to target 1.7194

Highs 1.7341, Lows 1.7218

Perfect Entry

Trade Runs +123 pips

GBPUSD Weekly Trade As Posted

Short 1.32222 and 1.3243 to target 1.3031

Highs 1.3242, Lows 1.3165

trade Runs +77 pips

GBP/USD then bolted to 1.3309

Re Short again, target remains

NZD/USD Weekly Trade As posted

 Short 0.6857 and 0.6875 to target 0.6707

Highs 0.6943, Lows 0.6881

At Breakeven Or Trade to Target

NZD/JPY Weekly Trade As Posted

Short 71.74 and 71.84 to target 70.54

Highs 72.10, Lows 71.51

Trade Runs from 71.84, +33 Pips and from 72.10 + 59 pips

NZD/CHF Weekly Trade As Posted

Short Anywhere or 0.6255 and 0.6265 to target 0.6139

Highs 0.6322, Lows 0.6254

18 Trades and from original Posted Entries +1215 Pips

Few missed entries this week and re shorts working as I write

Brian Twomey

For trades brian@btwomey.com

18 weekly Trades

Preliminary Results to 18 weekly trades posted. Posted only for exclusive viewers rather than public consumption. Trade and Results.

EUR/USD


Short 1.1891 and 1.1902 to target 1.1739
Short 1.1697 to target 1.1581
Long 1.1581 to target 1.1639.
Long 1.1739 to target 1.1814

Highs 1.1893, Lows 1.1851

Trade Runs + 40 Pips.

GBP/USD

 Short 1.32222 and 1.3243 to target 1.3031.

1st Weekly trade entry

Highs 1.3242, Lows 1.3165

Trade Ran +77 Pips

Then GBP trades to 1.3297 Highs

2nd short anywhere and same target 1.3031

GBP/JPY

Short 138.18 and 138.31 to target 136.99

Highs 138.86, Lows 137.79

trade Runs from 138.31 +52 pips From 138.86 +107 pips

GBP/CAD


Short anywhere or 1.7342 to target 1.7194

Highs 1.7341, Lows 1.7218

trade Runs +123 Pips

Then bolted to 1.7384

Round 2 shorts to short anywhere

GBP/CHF

Short anywhere or 1.2049 and 1.2064 to target 1.1944

Highs 1.2076, Lows 1.2030

Trade Runs +34 pips from 64

GBP/CHF then traded to 1.2107 Highs

Short again anywhere

GBP/AUD

Long 1.8083 and 1.8065 to #arget 1.8193.

Lows 1.7987, Highs 1.8217

Target complete +152 pip from 1.8065

2nd Leg

Short 1.8193 to target 1.8121

Lows 1.8133

Trade Runs +60 Pips and two trade + 212 pips

GBP/NZD

Long Anywhere or 1.9242 and 1.9221 to target 1.9457

Lows 1.9094, Highs 1.9276

Trade Runs +55 pips from 1.9221

Add 1 lot then +182 pips

USD/CAD

 Long 1.3065 and 1.3044 to target 1.3206

Tuesday Lows 1.3064, Highs 1.3116

Trade Runs +52 pips

CAD/JPY

 Short 80.19 and 80.33 to target 79.76

Highs 80.33, Lows 79.76 Perfect

trade Runs +57 pips

2ng Leg

Short below 79.62 to target 78.92

Highs 79.62, Lows 79.32

Trade Runs +25 pips

2 Trades +82 pips

AUD/JPY

Short 76.44 and 76.47 to target 75.38.

Highs 76.76, Lows 75.68

trade Runs from 76.44 +108 Pips

2nd Leg

long 75.38 to target 75.91

Not in effect

EUR/JPY

Short 124.22 and 124.34 to target 123.49

Highs 124.42, Lows 123.49

Trade Ran +85 pips from 124.34

2nd Leg

Short 123.24 to target 122.51

Trade Not in effect yet

EUR/AUD

 Long 1.6253 and 1.6237 to target 1.6384.

Lows 1.6176, Highs 1.6304

Trade runs from 1.6237 +67 Pips

EUR/NZD

Long anywhere or 1.7249 and 1.7232 to target 1.7516

Lows 1.7145, Highs 1.7271

Add 1 lot or +39 pips

Waiting on AUD and NZD

Brian Twomey

Currency Pairs and 5 Year Averages

Current 5 year averages is where all trading takes place. Its an unhealthy situation as currency prices lack continuity, lack USD Vs NON and cross pair agreement.


EUR/USD 5 year 1.1325 and 10 year 1.2139 and EUR/USD trades above 5 year
EUR/JPY 5 year 124.39 and 10 = 123.67 and currently trades above 123.67
EUR/CHF 5 year 1.1079 and problem currency, trades below


EUR/CAD 5 year 1.4927, Trades above and problem currency
EUR/NZD 5 year 1.6657, 14 year 1.7513
EUR/AUD 5 year 1.5583, trades above
EUR/GBP 5 year 0.8648, trades above


Above EUR/USD, EUR/JPY, EUR/AUD, EUR/CAD, EUR/GBP. Below EUR/CHF.


Do or die situation and to add only main pairs EUR/USD, EUR/JPY and EUR/CHF, we have EUR/USD above, EUR/CHF below and EUR/JPY without a clue.


GBP


GBP/USD 5 year 1.3121, trades above
GBP/JPY 5 year 144.26, trades below
GBP/CHF 5 year 1.2843, trades below


GBP/CAD 5 year 1.7302, trades below
GBP/NZD 1.9300, trades below
GBP/AUD 5 year 1.8052, 10 year 1.8495


Above GBP/USD and 4 below to exclude GBP/AUD. For GBP/USD lacks agreement. Its must trade lower or all cross pairs must follow and trade higher.


AUD


AUD/USD 5 year 0.7284
AUD/JPY 5 year 80.04, trades below
AUD/CHF 5 year 0.7129, trades below


AUD/CAD 5 year 0.9597, trades below
AUD/NZD 5 year 1.0692, trades below


Above AUD/USD and 4 below
Except AUD/USD we have agreement. If AUD/USD and top pair to the universe AUDCAD then AUD/NZD trade above 5 year averages then remaining pairs must follow. If AUD/USD and AUD/CAD break below then lower for remainder cross pairs.

        NZD

NZD/USD 5 year 0.6812, trades above
NZD/JPY 5 year 74.83, trades below
NZD/CHF 5 year 0.6657, trades below
NZD/CAD 5 year 0.8977, trades below


Above NZD/USD, Below 3 pairs below


Except NZD/USD we have agreement. If NZD/USD and top pair to the universe NZD/CAD trade above 5 year averages then remaining pairs must follow.


CAD


USD/CAD 5 year 1.3191, trades below
CAD/JPY 5 year 83.36, trades below
CAD/CHF 5 year 0.7426, trades below


USD


USD/JPY 5 year 109.88, 10 year 102.80
USD/CHF 10 year 0.9522 and 5 year 0.9789, trades below
CHF/JPY 5 year 112.27, trades above


USD/JPY and CHF/JPY are exact same pairs and an 800 ish pip separation. The relationship isn’t correct. Either CHF/JPY trades lower or USD/JPY must trade higher.


Break it down, Break it down


JPY Cross Pairs


GBP/JPY 5 year 144.26, trades below
AUD/JPY 5 year 80.04, trades below
NZD/JPY 5 year 74.83, trades below
CAD/JPY Trades below
EUR/JPY No clue


Vs


EUR/USD above 5 year
GBP/USD above 5 year
AUD/USD above
NZD/USD above


JPY cross pairs to trade correct must trade in sync to Non USD pairs. Note GBP/USD above and GBP/JPY below. Same for AUD/USD and AUD/JPY, NZD/USD and NZD/JPY. Unhealthy situation here.


Result to JPY cross pairs was range compression over last 4 weeks. Either JPY cross pairs trade miles higher or EUR/USD, GBP/USD, AUD/USD and NZD/USD must trade miles lower.


CHF


EUR/CHF below
GBP/CHF below
AUD/CHF below
NZD/CHF below


We have agreement yet last 4 weeks we’ve seen range compression and off kilter to EUR/USD, GBP/USD, AUD/USD and NZD/USD. A problem category


Other Pair/ CAD


EUR/CAD above
GBP/CAD below
AUD/CAD below with caution
NZD/CAD below with caution


EUR/CAD and GBP/CAD are problem currencies and suffered range compression over last 4 weeks. Suffers from range compression today. GBP.CAD and EUR/CAD lacj agreement to EUR/USD and GBP/USD while NZD/CAD and AUD/CAD are trying to understand their proper position.


GBP/NZD 1.9300, trades below
EUR/NZD 5 year 1.6657, 14 year 1.7513


GBP/NZD is the better pair to trade yet GBP/NZD lacks agreement to GBP/USD and NZD/USD. Same situation for EUR/NZD. Both range compression last 4 weeks. EUR/NZD was hit hardest.


What is traded today is dangerous and unhealthy markets not only due to 5 year averages but cross pairs lack uniformity. We require either a big move to rightsize or we live in slow grinds, no range and unhealthy markets.

Brian Twomey

Weekly Trades: EUR/USD and NZD/USD

EUR/USD


Short 1.1891 and 1.1902 to target 1.1739
Short 1.1697 to target 1.1581
Long 1.1581 to target 1.1639.
Long 1.1739 to target 1.1814


NZD/USD


Short 0.6857 and 0.6875 to target 0.6707
Short below 0.66 3 to target 0.6557
Long 0.6557 to target 0.6610.
Long 0.6707 to target 0.6769.

Brian Twomey

Dear all, new contact briantwomey1@yahoo.com

Unless I figure how to operate microsoft e mail on my old blog.

I tell you all, between this computer that is becoming harder and harder to operate and the gagillions of crooked trade services operating these days, I’m slowly being blocked out of contention. Every body seems to have something to sell these days and they can operate this computer far better than me. Que sera sera as they say.

Brian Twomey Contact Information

Dear Friends,

My blog switched to Microsoft for e mail and I can’t operate it so here’s new contact

briantwomey1@yahoo.com

Subscribers please send an e mail to receive daily trades this evening

Much easier to operate

Brian Twomey

Missed Entries and Targets

Here’s the question. Are USD and Non USD currencies in sync to cross pairs in their universe. The answer depends to the time period and prices. As we’ve seen over the past 4 and 5 weeks, USD Vs Non were off kilter to cross pairs. Now cross pairs are in sync again.

But does this situation mean compatibility remains. Maybe.

In other market times, cross pairs are the drivers to USD and NON

From February 2019 to July and the last time I fully recorded deeply 10 and 12 weekly trades, USD Vs Non and Cross pairs were perfectly in compliance. Trade entries and targets were perfect over the 5 months and many pips were earned.

To the question of trades going off course, important is a 2019 week when prices and trades went haywire was about once or twice every few months but the situation rectified quickly so the next week was back to normal. This must assume currency markets and prices were properly aligned. Ranges in 2019 were fairly wide so it was easier for prices to correct.

The vast majority of our weeks today remain good to entries, targets and profits. But I’ve seen a few extra weeks when prices went off course which means today didn’t match to the consistency of 2019 to once or twice every few months. Ranges today are far less than in 2019. Which hold the answer to off course predictability. Range compression to cross pairs over the past 4 weeks or so informed crazy prices were coming. And only cross pairs were affected and not USD Vs Non USD.

As currency pairs today are pretty much in accordance from USD to Non and cross pairs, its imperative to monitor ranges to determine if USD Vs Non will dominate cross pairs, or cross pairs dominate USD V Non or do USD Vs Non hold its current perfect balance to cross pairs.

The proper way to currency markets is USD V Non hold consistency to cross pair alignments. Off kilter occurs when the balance is skewed to USD V Non and cross pairs.

Brian Twomey

18 Weekly Trades

       Favored trades this week: EUR/USD, NZD/USD, NZD/JPY, NZD/CHF, EUR/NZD, EUR/AUD, AUD/JPY, AUD/USD, AUD/CHF, USD/CAD, EUR/JPY, CAD/JPY.


EUR/USD. Break Point 1.1697, below targets 1.1581. Strategy. Short 1.1891 and 1.1902 to target 1.1739. Must cross 1.1872, 1.1853, 1.1834, 1.1815, 1.1796, 1.1777 and 1.1758.  Short 1.1697 to target 1.1581. Long 1.1581 to target 1.1639. Cautious long 1.1739 to target 1.1814. Long only strategy. 


NZD/USD. Break Point 0.66 3, below targets 0.6557.
Strategy. Short 0.6857 and 0.6875 to target 0.6707. Must cross 0.6840, 0.6823, 0.6806, 0.6789, 0.6772, 0.6755, 0.6738 and 0.6721. Short below 0.66 3 to target 0.6557. Long 0.6557 to target 0.6610. Cautious long 0.6707 to target 0.6769. Long only strategy. 


NZD/JPY. Break Point 70.20, below targets 69.37. 
Strategy. Short 71.74 and 71.84 to target 70.54. Must cross 71.60, 71.46, 71.32, 71.18, 71.04, 70.90, 70.76 and 70.62. Short below 70.20 to target 69.37. Long 69.37 to target 69.86. Cautious long 70.54 to target 71.02. Long only strategy.


NZD/CHF. Break Point 0.6118, below targets 0.6059.
Strategy. Short Anywhere or 0.6255 and 0.6265 to target 0.6139. Must cross 0.6236, 0.6217, 0.6198, 0.6179, 0.6160  and 0.6141. Short below 0.6118 to target 0.6059. Long 0.6059 to target 0.6090. Cautious long 0.6139 to target 0.6176. Long only strategy. 


EUR/NZD. Break Point 1.7561, above targets 1.7697. 
Strategy. Long anywhere or 1.7249 and 1.7232 to target 1.7516. Must cross 1.7271, 1.7293, 1.7315, 1.7337, 1.7359, 1.7381, 1.7403, 1.7425, 1.7447, 1.7469, 1.7491 and 1.7513. Long above 1.7561 to target 1.7697. Short 1.7697 to target 1.7629. Cautious short 1.7516 to target 1.7424. Weekly strategy.


EUR/AUD. Break Point 1.6416, above targets 1.6513. 
Strategy. Long 1.6253 and 1.6237 to target 1.6384. Must cross 1.6269, 1.6285, 1.6301, 1.6317, 1.6333, 1.6349, 1.6365 and 1.6381. Long above 1.6416 to target 1.6513. Short 1.6513 to target 1.6449. Cautious short 1.6384 to target 1.6318. Short only strategy. 


AUD/JPY. Break Point 75.11, below targets 74.30.
Strategy. Short 76.44 and 76.47 to target 75.38. Must cross 76.17, 75.90, 75.63  and 75.36. Short below 75.11 to target 74.30. Long 74.30 to target 74.85. Cautious long 75.38 to target 75.91. Long only strategy. 


AUD/USD. Break Point 0.7128, below targets 0.7024.
Strategy. Short 0.7301 and 0.7318 to target 0.7163. Must cross 0.7283, 0.7266, 0.7249, 0.7232, 0.7215, 0.7198, 0.7181 and 0.7164. Short below 0.7128 to target 0.7024. Long 0.7024 to target 0.7059. Cautious long 0.7163 to target 0.7231. Long only strategy. 


AUD/CHF. Break Point 0.6546, below targets 0.6496. 
Strategy. Short anywhere or 0.6647 and 0.66 4 to target 0.6571. Must cross 0.6631, 0.6615, 0.6599, 0.6583 and 0.6567. Short below 0.6546 to target 0.6496. Long 0.6546 to target 0.6529. Cautious long 0.6571 to target 0.6613. Long only strategy. 


USD/CAD. Break Point 1.3238, above targets 1.3368.
Strategy. Long 1.3065 and 1.3044 to target 1.3206. Must cross 1.3086, 1.3107, 1.3128, 1.3149, 1.3170 and 1.3191. Long above 1.3238 to target 1.3368. Short 1.3368 to target 1.3281. Cautious short 1.3206 to target 1.3108.Short only strategy. 


EUR/JPY. Break Point 123.24, below targets 122.51.
Strategy. Short 124.22 and 124.34 to target 123.49. Must cross 123.97, 123.72 and 123.59. Short below 123.24 to target 122.51. Must cross 122.99, 122.74 and 122.61. Long 122.51 to target 123.01. Cautious long 123.49 to target 123.97. Long only strategy. 


CAD/JPY. Break Point 79.62, below targets 78.92.
Strategy. Short 80.19 and 80.33 to target 79.76. Must cross 80.04 and  79.89. Short below 79.62 to target 78.92. Must cross 79.47, 79.32, 79.17 and 79.02. Long 78.92 to target 79.41. Cautious long 79.76 to target 80.19. Long only strategy. 


                   GBP


Favored trades this week: GBP/USD, GBP/JPY, GBP/CAD, GBP/CHF, GBP/NZD, GBP/AUD. 


GBP/USD. Break Point 1.2988, below targets 1.2860. 
Strategy. Short 1.32222 and 1.3243 to target 1.3031. Must cross 1.3201, 1.3180, 1.3159, 1.3138, 1.3117, 1.3096, 1.3075, 1.3054 and 1.3033. Short below 1.2988 to target 1.2860. Long 1.2860 to target 1.2946. cautious long 1.3031 to target 1.3115. Long only strategy. 


GBP/JPY. Break Point 136.86, below targets 135.79.
Strategy. Short 138.18 and 138.31 to target 136.99. Must cross 137.91, 137.64, 137.37 and 137.10. Short below 136.86 to target 135.79. Must cross 136.59, 136.32, 136.05 and 135.78. Long 135.78 to target 136.59. cautious long 136.99 to target 137.65. Long only strategy. 


GBP/CAD. Break Point 1.7188, below targets 1.7154. 
Strategy. Short anywhere or 1.7342 to target 1.7194. Must cross 1.7320, 1.7298, 1.7276, 1.7254, 1.7232 and 1.7210. Short below 1.7188 to target 1.7154. Long 1.7154 to target 1.7182. Cautious long 1.7194 to target 1.7211. 


GBP/CHF. Break Point 1.1929, below targets 1.1869.
Strategy. Short anywhere or 1.2049 and 1.2064 to target 1.1944. Must cross 1.2020, 1.1991, 1.1962 and 1.1948. Short below 1.1929 to target 1.1869. Long 1.1869 to target 1.1914. cautious long 1.1944 to target 1.1989. Long only strategy. 


GBP/NZD. Break Point 1.9501, above targets 1.9629.
Strategy. Long Anywhere or 1.9242 and 1.9221 to target 1.9457. Must cross 1.9263, 1.9284, 1.9305, 1.9326, 1.9347, 1.9368, 1.9389, 1.9410 and 1.9441. Long above 1.9501 to target 1.9629. Short 1.9629 to target 1.9543. Cautious short 1.9457 to target 1.9370. Weekly strategy. 


GBP/AUD. Break Point 1.8230, above targets 1.8341. 
Strategy. Long 1.8083 and 1.8065 to target 1.8193. Must cross 1.8101, 1.8119, 1.8137, 1.8155 and 1.8173. Long above 1.8230 to target 1.8341. Short 1.8341 to target 1.8267. Cautious short 1.8193 to target 1.8121. Weekly strategy.  

Brian Twomey