Forex-analysis
DXY - BullishHere we have the DXY on the weekly, what we are looking for is a drive lower to push out the now 'Net Longs' and to put them offgurad and to attract short sellers into this market.
Next we next to see a higher low somewhere in the regions of the highlighted area, in order to look for SHORT opportunities in the likes of:
EURUSD
AUDUSD
GBPUSD
NZDUSD
OR by going long on the FXCM USDollar index.
This of course may not happen however this is something we are keeping a very watchful eye on for the next couple of months.
XAUUSD (Gold) Will price respect this level ??XAUUSD - here is my analysis on GOLD I am WATCHING the the 1240 price region which i have marked with a yellow support zone it
would be interesting to see what happens around this zone in the next couple of weeks.
i am looking to see if price can respect this zone and make its way back up - heres what else we would need to see in order for
that to happen check updates in comments section !
TARGETS ACHIEVED!WELL, WELL, WELL!
OUR TARGETS WERE ACHIEVED.
Truth be told guys, I actually got out of this trade a lot earlier than I should have.
Our zones of 82.000/81.000 were shot through!
If you were successful in trading this pair, message me and let me know what you were thinking!
Remember guys, keep pushing and keep striving!
Thanks for watching!
A long position on this pair is possible, however we'll see!
STAY TUNED!