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US-DOLLAR

EURUSD: Update and Potential Short this is the update for my previous post on EURUSD . The price has reached the key level of resistance and yesterday we saw a nice rejection from 1.109 level. Currently, the market is trading within the horizontal trading range 1.106 - 1.109. For confirmation, wait and sell only after a bearish breakout of the range. This breakout will also signify a bearish violation of a bearish flag pattern and, most likely, will cause a strong selling movement. Our target levels will be 1.104 1.1 *if the market goes higher and closes above the range our setup will be invalid
Short
by VasilyTrader
1
AUDUSD: Complete Indecision hey traders, it is an educational post on AUDUSD . I was asked a lot during this morning about AUDUSD future market direction for this week. for now, it is quite complicated to say exactly. * from a bullish perspective, the pair has just reached 0.68 key structure support level.
and after a strong selling reaction from 0.69 it can retrace with a high degree of chance.

 * from a bearish perspective, the market has retraced to 0.682 strong level of resistance
+ has just touched a minor falling trendline
 for confirmation of a market further direction pay close attention to 0.68 - 0.682 range, the side of the breakout will determine the market further direction. Please, support the idea with like and leave a comment, thank you!)
Short
by VasilyTrader
4
AUDUSD: Complete Indecision hey traders, it is an educational post on AUDUSD. I was asked a lot during this morning about AUDUSD future market direction for this week. for now, it is quite complicated to say exactly. from a bullish perspective, the pair has just reached 0.68 key structure support level. and after a strong selling reaction from 0.69 it can retrace with a high degree of chance. from a bearish perspective, the market has retraced to 0.682 strong level of resistance + has just touched a minor falling trendline for confirmation of a market futher direction pay close attention to 0.68 - 0.682 range, the side of the breakout will determine the market further direction. Please, support the idea with like and leave a comment, thank you!)
Short
by VasilyTrader
1
USDCHF: Entering Demand Zone hey traders, I was asked a lot about USDCHF. Analyzing 4H chart we can see that the market is currently entering a very wide zone of demand. this zone is based on a rising trendline and horizontal structure. Chances are very high that we will see a bullish reaction from this zone at least to 0.992 level. for now, it is very difficult to tell from which point exactly we will see a retracement. First, look for a reversal formation before taking any action. I will post an update later on.
Long
by VasilyTrader
5
NZDUSD May Drop Lower & Form Right Shoulder hey traders, it looks like we will see a symmetrical movement on NZDUSD. On a daily, the market is currently forming the right shoulder of a head and shoulders pattern. I think that bears will push the market at least to 0.63 area - completion zone of the left shoulder. Our buy zone is lying within the narrow range 0.63 - 0.627. I will be waiting for a confirmation within this range to buy the market. Target levels will be 0.646 / 0.643
Long
by VasilyTrader
6
Short Movement on U.S Dollar Index by ThinkingAntsOkDAILY CHART EXPLANATION: On this timeframe, we observe that the Dollar Index has been on a bullish movement since March '18. However, the last year, the bullish momentum started getting weaker forming a secondary wedge pattern below the Broken Main Wedge. It has bounced at the Top of the Wedge Pattern and at this moment price is breaking down the pattern. If it manages to consolidate below, the movement will be almost confirmed. We will look for a corrective structure on a lower timeframe to take short positions. The main target is the Support Zone at 96.00, and, if this zone is broken, then the Weekly Ascending Trendline will be the potential target area.
TVC:DXYShort
by ThinkingAntsOk