Hello Guys,
If you follow me already, you would know I get my directional bias for USD-related pair from the dollar index. My outlook for the dollar is bullish (see below the analysis) which means that this week and going forward, AUDUSD should be bearish.
Currently, NZDUSD has traded into the weekly order block, and we may commence the bearish move from here. Price is also trading in the monthly order block with gives more confluence for a bearish move.
The goal will be to trade lower into the monthly demand order block.
Follow for more updates.
Dollar Index analysis
https://www.tradingview.com/chart/USDOLLAR/jC9jlz0f-US-DOLLAR-INCOMING-BULLISH-MOVE/
Other USD-related pairs
GBPUSD
https://www.tradingview.com/chart/GBPUSD/1GECsVGC-GBPUSD-INCOMING-BEARISH-MOVE/
NZDUSD
https://www.tradingview.com/chart/NZDUSD/hN3whbgO-NZDUSD-INCOMING-BEARISH-MOVE/
USDJPY
https://www.tradingview.com/chart/USDJPY/OH0A4ELP-USDJPY-INCOMING-BULLISH-MOVE/
USDSGD
https://www.tradingview.com/chart/USDSGD/hvmN7Vzf-USDSGD-INCOMING-BULLISH-MOVE/
Cheers,
Jabari
If you follow me already, you would know I get my directional bias for USD-related pair from the dollar index. My outlook for the dollar is bullish (see below the analysis) which means that this week and going forward, AUDUSD should be bearish.
Currently, NZDUSD has traded into the weekly order block, and we may commence the bearish move from here. Price is also trading in the monthly order block with gives more confluence for a bearish move.
The goal will be to trade lower into the monthly demand order block.
Follow for more updates.
Dollar Index analysis
https://www.tradingview.com/chart/USDOLLAR/jC9jlz0f-US-DOLLAR-INCOMING-BULLISH-MOVE/
Other USD-related pairs
GBPUSD
https://www.tradingview.com/chart/GBPUSD/1GECsVGC-GBPUSD-INCOMING-BEARISH-MOVE/
NZDUSD
https://www.tradingview.com/chart/NZDUSD/hN3whbgO-NZDUSD-INCOMING-BEARISH-MOVE/
USDJPY
https://www.tradingview.com/chart/USDJPY/OH0A4ELP-USDJPY-INCOMING-BULLISH-MOVE/
USDSGD
https://www.tradingview.com/chart/USDSGD/hvmN7Vzf-USDSGD-INCOMING-BULLISH-MOVE/
Cheers,
Jabari
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.