Why i think US30 will have another leg up!! Look at the time horizon of the bigger picture we see clearly structure is being maintained to upside,on the Daily Timeframe!! As we break down to a lower timeframe, which gives us the direction of our potential move, we clearly see nice rejection on the 38.2 fib level also in confluence with the breakout which act...
DXY is back ay the resistance (Supply zone) which has held severally in the past and it has formed double top. There are two possible thing that could probably happen this week. It's either the price continue to drop or the price would reverse and break the resistance and What's your thought on this?
eurusd is coming down since dollar is strong but it is now again testing a strong trendline if trendline holds again as support than it can make new high or if trend line breaks than after retest big drop is coming
See attached analysis.
Hello, Traders! USD-CHF bounced Up from the high of the broad support area Just as I predicted in my previous analysis in Swiss Franc However, The pair then fell lower And is now trading around the low of the support area Which gives us a perfect setup for a long trade As the Stop Loss is very small And the potential target is the falling resistance Great...
DXY Wave Analysis, price looks for Wave 4
Had this request to see the impact adjusting the Fed Funds rate has on the dollar.
Sitting on the 100 month moving average and Horizontal support....I think we rally which won't be good news for bitcoin. Let us see.
After the new regulation set by the moroccan dollar, the currency is showing an uptrend of its value. As a reminder, the MAD is plugged to euro and dollars with a respective rate of 60 and 40 percent. I see this currency growing in the next years and have great potential. Have a great day!
Aussie has broken daily bearish trend. We could expect a bullish scenario in the nexts weeks, with a bullish trend till the resistance level.
Dollar index on the daily chart is showing that it is oversold on the RSI so i am expecting to see a pullback from the recent sell off, we may be looking to reach the hourly swing low fib of 0.382 target 101.13
GBPUSD Bullish bat on good support enjoy !
We look at the Weekly chart of the Euro and last weeks trading suggests more downside. Understand that the selling that happened last week and the fact that we are back inside the wedge suggest more selling is coming. We will look for bounces to resistance and look for TRIGGERS. If they take another stab at a breakout watch the high of last week. If we reach...