Pendientes 38 fib y 200 sma 4 hrs. Niveles interesantes de soporte ...!
after the USDARS move lots, today we've seen a strong DXY on a red equity day yet again, DXY stays bullish, other currencies will stay suffering. USDMXN and USDBRL both on 2% move todays that I believe stay on a bigger breakout for the near future before more consolidation if dxy gets rejected at 98 all of this ends up being invalid
Sorry for the incorrect EW labeling in the chart, I think that this way you can see the waves in a better way. Sorry for my simple english, I am not a native english speaker.
El dolar luego de rebotar subirá en pocos días a partir de hoy a 3,383 y podrá pasar hasta los 3,393 testeando máximos históricos con posible ruptura de techo.
Este cierre por arriba de 3300 tiene como proximo objetivo niveles 50 fib
Here we can see the 5th wave targets for this large sequence. From a birds eye view we have the potential to extend as high as 3.67 over the next few quarters. Recommend buying support here at current prices with targets at 3.49 up to 3.67. Best of luck
Risk premium is low once more in EM and we have long term targets spotted at 3650 here. => The rise since April is now clearly impulsive and the last and final levels in play now for this 5th wave is 3650. Pullbacks should only be bought, as mentioned in the previous idea (see attached) and now that we have our pullback..you know what to do. To put simply, a Q3...
=> Here we are tracking a break to the upside in USDCOP with a target of 3223 => This flow is trading the recent underperformance in Columbia and playing it against USD strength via inflation and bond to equity flows. => This should be a quick and sharp move with low political risk in Columbia and upside in Oil prices being capped for now.(edited) => If risk rises...
I do not trade this kind of currencies, but if a student asks me, I'll try to show you a quick view of it. The key level for this asset is on this weekly chart. Sidenote: "Top-notch entries are exclusive to members of Cream Live Trading" Learn how to beat the market as Professional Trader with an ex-insider! Have a Nice Trading Week! Cream Live Trading,...
The dollar closed last week with gains, a move that left the door open for a technical rebound; the bullish momentum would be associated with international risk scenario and correction of oil . Oil moved away from USD50 amid China slowdown and the strong dollar, despite the market expects rates to remain stable after the weak jobs data, Brexit has led to the...