2 possible movements for USD/JPYThis is a very interesting pair. By analysing using triangles, USD/JPY might show the short movement. We still have to wait for confirmation.
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Trump
1.1500 on EURUSD?More dollar sell plays. This time on the Euro.
We could see 1.1500 in the coming weeks once all this volume in this range up to 1.1110 gets converted to longs.
I will be posting an update on my DXY outlook which I had accurate analysis on. The already falling asset sold from expensive values at time of news and will continue down.
DXY weak taps 99.60 or below 5.7.20DXY finished the daily trend moving further upward with a nice big green body candle. Minor wicks.
on the Daily/ 4Hr/ 1HR timeframes DXy is floating in no mans land above r4 on my Camrilla pivot points.
Dxy looks as if it wanted to try to test April's 2nd high @ 100.88. It got to 100.20 and could not push further.
My 9EMA is over the 21EMA on all time frames potentially wanting to signal buy.
As we are heading into the end of the week with big US data news on Friday, the NFP.
For Thursday May 7, 2020 I anticipate DXY to make a move south to test 99.60 region.
if this prediction is wrong we will test march 25,2020 region of 101.
by Friday's market close DXY should be @ 2020 HIGHs 103 if NFP/unemployment rate is good (which I doubt with COVID-19)
by Friday's market close DXY should be @ or around 99.84 if NFP/unemployment rate is BAD (which I EXPECT with COVID-19) TVC:DXY
**DXY to collapse under $94 by June 1**
XAUUSD (GOLD) - 2 Scenarios. Bullish/BearishSee chart for info. Will await retest of levels before entering
EUR/USD long positionEUR/USD is following the support-and-resistance level. Now, it is time to open a long position if it confirms the candle pattern. I'll keep you informed.
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Possible pattern for USD/JPYAfter being inside a support-and-resistance level, USD/JPY might form a cup-and-handle pattern. We need to wait for the confirmation of the pattern.
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USDJPY SHORTScontinuoation of previous analysis.... 3 trendline touch confirmation. we just need a break of this 4hr support and we should see our targets in the horizon
USDJPY SHORTI posted this last night and it currently miss the stop by 6pips..im reposting this again because this is an ideal entry for this swing or you should wait till Asia for one! hopefully we get a nice push to the downside before market closed
21k before Trump will lose USA elections in November.So it's obvious, that BTC will rally to reach new ATH before November and will collapse miserably after Trump will lose USA election and stock market crash. Also, COVID-19 will create real apocalypse in the USA (I'm talking about riots and shooting in the streets because bastards there have too many guns and not so much brain). But if Russia will help Trump with reelection, bitcoin will pump further to the moon.
#shorttesla
EUR/USD - two possible movementsWhile it is into a support-and-resistance level, there are two possible movements. It can form a cup-and-handle pattern, which indicates the continuation of the trend. The secound possibility is for it to enter in a downtrend after breaking the cup-and-handle pattern.
USDJPY SHORTabc pattern in effect on the daily. weekly bearish.looking for a break of 106.550 and if so my target is 105.500 100+pips
EURUSD Intra week OutlookEURUSD has broken its descending trendline. If Monday candle closes bearish, could bring momentum down
to area of interest for BUYS. This AOI is reflected on the Fibonacci and the retest of the broken trendline.
Possible RTO formation.
BAC - Bank of America Corporation - ShortThis stock is currently inside a triangle. It has a very strong resistance, so it might break the triangle and enter in a downtrend until it reaches the support.
This idea is predicting a very similar movement as "Long for TSLA".
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GBPUSD Short GBPUSD formed a double top and bearish engulfing on 4h hour chart, looks like investors are going to turn risk off after Trump comments about China.
An update on my last DXY ideaUpdated TA from my previous post. This time on the 4H.
Sellers held 100.75 and are now fighting for 99.80. If buyers take control here then we'll see a possible technical event in the yellow box with a confluence of:
-multiple moving averages
-100.00 handle
where sellers can reject price from once again.
Biased to the downside for reasons stated previously.
USDJPY possible buyUSDJPY passed by a bullish engulfing and now is in the three white soldiers pattern. There is a high probability of the start of an uptrend.
