Dolar
USDJPY Break daily triangle + Usd NFP and Fed rate hikes UsdUpppNon Farm Payrolls were better than expected today 8th of March. Next week Fed is most likely to do a hike rate. Which will be good to control inflation in the US, and dollar will gain strengh.
Now he have clearly broken the trendline are are expecting the C of the correction of the first bullish impulse. rejection of the 38-50 or 61 will give me a valid entry to go long on this pair.
A valid Stop would be at the 112.5, anyway I might put it at 111.5 to make sure I'm in the move during the next couple of weeks.
Trade save. Have a good week.
USDJPY longUSDJPY broke 4H structure and downtrend in the middle of the week
and now we can see pullback to areas below and after PA confirmation
we shall see a big movement up.
Next confirmation to buy USDJPY will be after breaking previous highs.
We can see a strong dollar this week, so after pullback i will be looking for
opportunities to long dolar!
Don't forget to trade with proper RM/MM and caution.
Good luck Traders
GBPUSD Long Bias after FED priced inAs we can seen in the Dollar Index, and usd pairs like USDCAD, the imminent fed rate hikes have been priced in. This means, traders have taken out profits on Friday the 3rd, and we will have a bear week for the dollar. This means, a further move to the upside is expected on the Pound.
Everyone trade safe. I'll be taking a 0.5% risk on this, to possibly make a 2.5/3%.
Have a great week all.
USDZAR longUSDZAR is about to makenews highs this and next week!
You can see perfect bounce from demand zone based on H1 timeframe,
Fibo 50% Price Reverzal Zone (PRZ) and supportive trendline.
If USDZAR will break Structure + Resistance + Trendline, we can see big move up in next weeks.
Keeps eye on that.
For the record: USDZAR and USDMXN are only exotic pairs I trade (they make sense and are low-spreaded)
Don't forget to trade with proper RM/MM and caution.
Good luck guys.
Long term my view. IT came to upper band. amazing. I didnt thought that this will be that high... maybe over 3.10 3.15 that can be finished a small 5. wave. but the rally came to this area. amazing... dow jones rally all time... we crash. so. my view is like that. if it spikes over that trend line that will be cruel.. hope not. so .... shorting for long term from this prices will be great opportunity.. can be wrong of course.. but i am doing this.... so far i have loss..