17/04/2025
Right, European Central Banks (ECB) did another rate cut today - this is important remember at some point in the future, AGAIN the trade idea will be monetary policy divergence between central banks positions.. ECB moving ahead. - Euro has been boosted by somewhat broad de-dollarisation flows and speculation of safe-haven Eurzone appeal. There will still be some general caution around the economic outlook domestically and globally - however, if you watch my videos you will know this is nothing new. So for now we have a strong Euro on the table. BUT SWING to positional traders - where is price going?? This is the question
imported
AUD and NZD in my opinion, will be the most vulnerable currencies in the second half of the year, the last two financial quarters. Why go fact check how much the US gov has made in the last 3 months alone with this tariff thing - remember a tariff is simply a TAX that AMERICAN citizens have to pay on imported goods!!! Despite the headlines, the US-China trade war is still in its infancy. Once the full impact hits, China's growth and demand slows, and AUD and NZD are in big trouble. Why? Because Australia and New Zealand are extremely export-reliant.
So for now the market sentiment determines what Day and short term Swing traders do.
But start preparing for massive swing to positional trades for the aftermath, when this confusion is over look out for who is getting punished! - look at these two simple charts AUDUSD and NZDUSD looking like identical twins heading for supply zones on the governing chart. For Good measure, look at the Gold Chart XAUUSD fun fact: Gold is Australia's MAJOR export commodity.
I cannot teach you everything
but teach you how to trade - that I can do : https://forms.gle/2E6vD5uyDS4oFXKs8
