DXY is almost done with the inverted head and shoulders awaiting breakout. Long the BO. Cheers!
Price now consolidating at the 200SMA, waiting for the impulse lower to sell more, targeting lower areas. No major data today for either of these currencies. Please support the idea and share your thoughts on EURUSD! Good Luck and Stay Healthy!
What's up Traders, Looking at the Dollar being weak again this weak with UJ following its nasty downfall. plenty of Technicals to back it up. Looking at the 4hr on UJ, the first thing I want to address is the Hidden Bearish Divergence(Lower Highs on chart, Higher Highs on RSI). That's the the cherry on top, the main indication is last weeks rally to the supply...
📌 Dollar for the Yearly Close Now comes the dollar complex which we have covered several times - the artificial devaluation which we were tracking in 2019 has arisen: Dollar bears now have a good position, because it is looking highly unlikely that Trump can pull this off now and manage to force a stop to the artificial devaluation. This somewhat...
📍 Dollar into December ... Here we are dealing with a sensitive situation, which we have discussed previously at earlier opportunities. One should not overlook the underlying strength of the dollar given it is the centrepiece of the currency board. After clearing the vaccine and all is roses newsflow, the next chapter of covid and risk is here into December - I...
Sup traders Is it me or is the eurusd looking really appealing right about now?! As always, keep the risk managed! Cheers :D
Good afternoon traders EURUSD is setting up for more potential bearish momentum. Let see what happens! As always, keep your risk managed! Cheers :D
Good afternoon traders Was just browsing the charts and noticed this nice little mean reversion trade on the USDCAD Keep an eye out for this one! As always, keep your risk managed! Regards :D
Sup metalheads Just doing some sunday afternoon ta and this caught my eye. Looking like some juicy longs is whats on the menu! As always keep the risk managed! Cheers :D
Technical view: After breaking the downtrend line, price action stumbled at 1.20 and retested the line. Now price in a range between 1.16 and 1.20. A break of 1.20 would signal a continuation of the uptrend after the break. Next target level would be 1.24 area. Overall the chart suggests a higher probability to the upside. Fundamental view: With US election...
Good afternoon traders We are looking at a potential buy zone for the eurusd! We will wait for some bullish price action before jumping into the trade. Cheers :D
DXY tested uptrend line 3 times and climbing If you like this idea please leave a comment so we can talk about it Remember that it´s never a straight line to the target. BIG profits to you ALL!!! === I am grateful to have been taught by God and myself on trading. My money grows every day. ===
Good evening/morning traders Havent done much analysis on the NZDUSD in a while. However, its looking like a tasty short to me! It definitely has caught my eye and is going on my watch list. As always, keep the risk managed Cheers :D
Sup traders EURUSD is bouncing off the monthly fib, its bounced off that level many times before. Strong buy in my eyes. As always, keep the risk managed! Cheers :D
📌 The capitulation After PA in December 2018 showed us the basing formation it has been all 'one way trafffic' This may lead you to wonder why it is so important to understand the fundamentals and definition of current capital flows, because it is then possible to build one's whole swing around a macro fundamentally sound trade idea, that underpins the...
Good afternoon traders EURUSD is giving me a few signals of it being more bullish than anything... Lets see what happens! Cheers :D
Sup metal heads Gold is shaping up for a nice little move to the all important 1960 We shall see what happens for the next couple of sessions! Cheers :D
Hello, the dollar is reaching new lows, yields are scouring the bottom (probably up to a point) and EURUSD at the highs ... 1.1904 previous "high swing" broken and now as the first demand level, 1.1840 untested level as second demand level stop below 1.1825 First target 1.20 Second target 1.21 good luck