US Dollar Weekly Update. The US dollar has experienced a surge after breaking out of the symmetrical triangle pattern. Presently, it has surpassed the Ichimoku cloud and is facing horizontal resistance. The Relative Strength Index (RSI) suggests an overbought condition. A potential rejection appears likely, whereas a significant breach of the horizontal...
#usddollar, 15th Key reversal bar, next Insurance bar indication for short dollar. 105.55-60 resistance level for previous fall. High probability to hold this support to form double top. price may go rise up a little to catch stop losses of short traders. Target is 103.00.
#usd dollar, 14th June daily bar broke previous resistance to catch stop losses of short traders. 15th June made a key reversal bar dictation for weakness ahead. 102.90 initial target for short. while 101.50 target for medium term.
#USDDOLLAR, usd dollar monthly key reversal bar made a new high closed off the low. weekly bar 16th-20th May formed two bar reversal for bearishness ahead. 13th May daily bar is a key reversal bar confirmed with next bar down a insurance bar. 104.40-70 supply area for short. stop loss above 105.10 which is 13th May high.
We look at the fundamentals behind a strong Canadian Dollar driven by higher Oil prices. I show you the relationship between Oil and the Canadian dollar as Oil is Canada's key export, making up 20% of all it's exports. We look at some Technical Analysis entry strategies, using one-month ATR Volatility for stop-loss area's!!
Hey tradomaniacs, welcome to another free signal! Important: Wait for the retracement back to entry. Sell if market rejects at resistance-zone! ----------------------------- Type: Swingtrade Sell: 98,05 Stop-Loss: 98,41 Target 1: 97,55 Target 2: 97,16 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support!...
W.W Wave rider Short @1.18200 Sl @1.18800 Tp1 @1.17350 Tp2 @1.16950 Happy about every feedback or Idea :) W.W