Looking to form a bias but do not want to call it just yet for the week. need to see price give us a few more clues first.
This is Part 2 of the Weekly Forex Forecast for July 22-26th. In this video, we will cover: USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY ... and BitCoin Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate...
A rampant GBP Post UK Elections and a dovish stance coming out the RBNZ have provided us with a significant rally to start to look short on (Carefully). If CPI comes in higher, we may see a reversal of the latest NZD sentiment, ultimately dropping GBPNZD (not a given). Short side bias comes at local highs, extreme push. Likely to weaken.
I had been bearish looking for the trend to continue but it has now changed to bullish based on last week's price action. Looking for recent High to be broken.
Looking to see a correction this week. With the holiday this week I'm thinking that price will be funky on direction so be cautions. We will be ready to take advantage where we see opportunity.
I was bearish from the beginning of the week and now that price has officially confirmed it wants to move bearish we are in the process of witnessing a new set up happen. We do have a quite a bit of news today. so looking to see how price will react to the scheduled news.
as I watch price action the bears are still showing the are in control and we are just within a flag being created. Will allow this price action to play out and see what the market wants to give up for London session.
Looking for my idea to play out but also trying not to be blind to my bias. We have news about to hit and it looks like it can send price bearish based on what has taken place during London session. if we can get a bearish break down for NY session today we might get 1 more solid move for the week.
Been waiting on a bearish move and it looks like price is almost ready. Waiting for Asian range to play out to be ready for London open. We should get a clear indication of what price would like to do by then.
As I wake, bake, and review...I'm trying to keep my mind thinking in probability. Understanding that anything can happen and to be prepared to take advantage.
Looking for the current trend to continue. If we see more bearish pressure step in this week we will be ready. Things still look slightly indecisive so being cautious.
This is Part 1 of the Weekly Forex Forecast. Part 2 will follow! Look for it! In this video, we will cover: USD Index EUR GBP AUD CAD NZD CHF JPY Enjoy! May profits be upon you.
now that we are coming to close out the week it looks like price want to break the previously weekly low. Waiting for the remainder of Asian range to play out before attempting a entry. since it is Friday price can be really flakey.
Looking at price action it looks like its setting up for a nice sell for NY session. It is currently London session, the VP is thin, the Delta is negative and price is still pushing up. Looking for it to test a FVG above the Asian range before considering if the sell is ready. Cautiously buying for now as this is a set up leading into a sell.
Aw we monitor GU for this London session looks like it wants to continue. We have USD news tomorrow that can shift everything. So we have to be cautious.
I'm bearish on GU looking at the price action that it gave us last week. We opened the week pushing low and now starting to look for a new high. After it finds its spot we wait for the killzone to enter. The dollar is looking like it wants to reach for new highs in the long run. So we just ride the wave.
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This is a move on GU that I have been waiting for. I need further confirmation that it want to move forward with what I am seeing so I waiting for London session to see how price reacts to the added volatility. I'm thinking that now that we have established a high for the month, price can really start to move. Key is to remain patience and just wait for price to...