Weekly FX Charts Newsletter

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1 Weekly FX Charts Newsletter November 13, 2017 The Weekly FX Charts Newsletter provides Cornelius Luca s trade ideas, model signals, and absolute charts Disclaimer 2017 Luca Global Markets, LLC (LGM, LLC). All rights reserved. This content is provided as general information only and does not constitute investment advice or a representation that any investment, security or other product is suitable for any person. This content reflects the opinions only of the author and cannot be interpreted as advice. This content is the intellectual property of Cornelius Luca. Any copying, distribution or redistribution of this content is expressly prohibited without the prior written consent of Cornelius Luca. Cornelius Luca shall not be liable for any errors in the content, or for any actions taken in reliance thereon. Luca Global Markets, LLC Weekly Charting Newsletter November 13, 2017

2 Trade Ideas Majors: Short euro/dollar only while below the 21-day exponential moving average; head & shoulders? Commodity dollars: Short Australian dollar/us dollar while below the 21-day exponential moving average Crosses: Long euro/sterling while above the 21-day exponential moving average Asia: Long dollar/yuan (offshore) while above its 21-day exponential moving average Latam: Long dollar/mexican peso while above its 21-day exponential moving average Eastern Europe: Long dollar/russian ruble while above its 10- day exponential moving average

3 FX Models Daily & Weekly FX Daily Model since Daily Bias (> or < 21-day EMA) Daily Risk Weekly Model since Weekly Bias (> or < 21-week EMA) Weekly Risk Majors EUR/USD L 11-Nov sideways neutral L 13-Nov sideways neutral GBP/USD S 13-Nov bearish bearish S 13-Nov sideways neutral AUD/USD S 10-Nov bearish slightly S 20-Oct bearish bearish bearish NZD/USD S 10-Nov bearish slightly S 13-Nov bearish bearish bearish USD/JPY S 8-Nov sideways neutral S 8-Nov bullish bearish USD/CHF S 8-Nov S 8-Nov bullish bearish bullish bearish USD/CAD L 13-Nov L 13-Nov bullish bullish bullish bullish Crosses EUR/JPY S 13-Nov slightly S 13-Nov bullish bearish bearish bearish EUR/GBP L 13-Nov L 13-Nov bullish bullish bullish bullish EUR/CHF S 13-Nov slightly S 13-Nov bullish bullish bearish bearish GBP/JPY S 13-Nov S 13-Nov bearish bearish bullish bearish Source: Proprietary Luca Global Markets, LLC Model

4 FX Models Daily & Weekly FX Daily Model since Daily Bias (> or < 21-day EMA) Daily Risk Weekly Model since Weekly Bias (> or < 21-week EMA) Weekly Risk LatAm USD/MXN L 10-Nov bullish slightly bullish L 13-Nov bullish slightly bullish USD/BRL L 10-Nov slightly bullish slightly bullish L 13-Nov slightly bullish slightly bullish USD/CLP L 10-Nov slightly bullish slightly bullish L 13-Nov slightly bearish slightly bullish USD/COP L 13-Nov slightly bullish slightly bullish L 13-Nov slightly bullish slightly bullish Asia USD/CNH S 13-Nov slightly bullish slightly bearish L 16-Oct sideways slightly bullish USD/INR L 7-Nov slightly bullish bullish L 30-Oct slightly bullish slightly bullish USD/TWD L 13-Nov sideways neutral L 13-Nov sideways neutral USD/KRW L 7-Nov sideways neutral S 13-Nov slightly bearish slightly bearish USD/MYR S 6-Nov slightly bearish slightly bearish S 2-Nov slightly bearish slightly bearish USD/SGD L 10-Nov sideways neutral L 8-Nov sideways neutral USD/IDR L 10-Nov sideways neutral L 6-Nov slightly bullish slightly bullish Eastern USD/RUB L 13-Nov bullish bullish L 20-Oct slightly bullish slightly bullish Europe USD/PLN L 13-Nov sideways neutral S 9-Nov slightly bearish slightly bearish USD/CZK S 9-Nov slightly bearish slightly bearish S 9-Nov slightly bearish slightly bearish USD/TRY L 13-Nov bullish bullish L 15-Sep bullish slightly bullish USD/RON L 13-Nov slightly bullish slightly bullish L 20-Oct slightly bullish slightly bullish USD/HUF S 9-Nov slightly bullish slightly bearish L 23-Oct slightly bullish slightly bullish Source: Proprietary Luca Global Markets, LLC Model

5 FX Majors Trade Idea Strongest: GBPUSD (but sliding) Weakest: EURUSD & CHFUSD & JPYUSD (but rising) Trade ideas: Short EURUSD only while below the 21-day exponential moving average / Head & shoulders? All quotes in foreign currency

6 FX Majors Trade Idea Comment: Short EURUSD only while below the 21-day EMA; head & shoulders? EURUSD has been recovery since 11/9 and is testing the resistance of the neckline of its possible head & shoulders and of its 21-day EMA A break above these levels would nullify the bearish reversal formation Immediate support: Further support: , , & Initial resistance: Further resistance: & ? Fast stochastics: bullish (overbought) MACD: slightly bulish <0

7 FX Commodity Dollars Trade Idea Strongest: CADUSD Weakest: NZDUSD & AUDUSD Trade ideas: Short AUDUSD while below the 21-day exponential moving average All quotes in foreign currency Luca Global Markets, LLC Weekly Charting Newsletter November 13, 2017

8 FX Commodity Dollars Trade Idea Comment: Short AUDUSD while below the 21-day EMA AUDUSD has been basing around its 5-day EMA near a 3 ½ -month low Its trading range has been the 50%-61.8% retracements AUDUSD remains below its declining 21-day EMA Immediate support:.7623 Further support:.7570 &.7516 Initial resistance:.7715 Further resistance:.7750 &.7820 Fast stochastics: bearish MACD: bearish

9 FX Crosses Trade Idea Strongest: EURCHF Weakest: EURGBP (but rising) Trade idea: Long EURGBP while above the 21-day EMA

10 Comment: Long EURGBP while above the 21-day EMA EURGBP formed a mediumterm bottom on 11/1 and rallied since 11/8 It trades above its 21, 60 & 100-day EMAs A convincing break above the 38.2% Fibonacci would add oomph to this rally Initial resistance:.8930 Further resistance:.9036,.9075 &.9165 Immediate support:.8865 Further support:.8810 &.8730 Fast stochastics: bullish MACD: slightly bullish <0 FX Crosses Trade Idea

11 FX Asia Trade Idea Strongest: USDIDR Weakest: USDMYR Trade idea: Long USDCNH while above its 21-day EMA Luca Global Markets, LLC Weekly Charting Newsletter November 13, 2017

12 FX Asia Trade Idea Comment: Long USDCNH while above its 21-day EMA USDCNH seems to have found its footing after flipping around its 21-day EMA for 1 month The trendline declining since May was pierced on 11/13 Initial resistance: Further resistance: & Immediate support: Further support: , , & Fast stochastics: bullish MACD: slightly bullish

13 FX Latam Trade Idea Strongest: USDMXN & USDBRL Weakest: USDCLP Trade idea: Long USDMXN while above its 21-day EMA

14 FX Latam Trade Idea Comment: Long USDMXN while above its 21-day EMA USDMXN has extended its consolidation above its 21-day EMA after peaking at a 7 1/2- month high on 10/27 The LGM model remains long Initial resistance: Further resistance: & Immediate support: Further support: & Fast stochastics: slightly bullish MACD: slightly bearish>0

15 FX Eastern Europe Trade Idea Strongest: USDTRY Weakest: USDRUR & USDCZK Trade idea: Long USDRUR while above the 10-day EMA

16 FX Eastern Europe Trade Idea Comment: Long USDRUR while above the 10-day EMA USDRUR extended its gains to a 3-month high above the top of its rising channel It trades above both its 10- & 21-day EMAs USDRUR bottomed at a 15- month low on 9/8 Initial resistance: Further resistance: Immediate support: Further support: , & Fast stochastics: bullish MACD: bullish

17 Long or Short How to Use the Heat Map Since when Risk: Bullish or Bearish Candle as of Monday am EST Bias: If the Candle>21-period EMA = bullish If the Candle<21-period EMA = bearish If the Candle around 21-period EMA = sideways Commodities Daily Model since Daily Bias (> or < 21-day EMA) Daily Risk Weekly Model since Weekly Bias (> or < 21-week EMA) Weekly Risk Energy Crude (CLc1) S 27-Apr bullish slightly bullish L 23-Mar slightly bearish slightly bullish Brent (LCOc1) L 21-Apr slightly bullish slightly bullish L 6-Apr slightly bearish slightly bullish Natural gas (NGc1) S 23-Apr bearish bearish S 20-Apr bearish slightly bearish Palm oil (FCPOc1) L 24-Apr sideways neutral S 20-Apr slightly bearish slightly bearish Metals Gold (GCc1) S 24-Apr bearish bearish S 20-Mar slightly bearish slightly bearish Silver (SIc1) S 22-Apr bearish bearish S 24-Apr bearish bearish Platinum (PLc1) S 20-Apr bearish bearish S 20-Mar bearish slightly bullish Copper (HGc1) L 24-Apr slightly bearish slightly bullish S 24-Apr slightly bearish slightly bearish Softs Coffee (KCN5) L 24-Apr sideways neutral L 24-Apr slightly bullish slightly bullish Cocoa (LCCN5) L 23-Apr bullish bullish L 13-Apr bullish bullish Soy meal (SMN5) S 24-Apr bearish slightly bearish S 24-Apr bearish slightly bearish Wheat (WN5) S 24-Apr bearish slightly bearish S 24-Apr bearish bearish Corn (CN5) S 20-Apr bearish bearish S 6-Apr bearish bearish Source: Proprietary Luca Global Markets, LLC Model L = long S = short Luca Global Markets, LLC Weekly Charting Newsletter November 13, 2017

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