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Usdlong

EURUSD - Possible bearish outlookLooking at the 1hr chart the EURUSD has a few setups that look increasingly bearish: 1. Triple top reversal earlier in the session 2. Failure to create bullish break of longer term consolidation triangle 3. MA cross into bearish 4. Previous redbound on 4hr 100 MA being testing - awaiting confirmation 5. 'Threes a crowd' - Price down test into MA bearish cross 6. Testing 38.2 retracement from the low to triple top high area 6. MA on daily crossed into bearish earlier in the week A lot of arguements for the bearish position, keeping the risk to minimum and trading what is seen with a logical stop location. If all the technicals are right theis should setup a limit risk opportunity with high reward. Note this is only my personal opinions and NOT trading advice - I do not endorse any use of the above, it is for information only
Short
by ctredget
USD/CNY Analysis: Mid-TermTechnical Analysis i) Looks like a Cup and Handle formation for USD/CNY on the weekly chart. Looking to short play the Handle, looking for entries between 6.62 - 6.64 down to 6.48 level. ii) Our most likely scenario (1), will have a pullback from the Handle down to the 6.48 level from their should look for some long positions up to 6.8 level. *ii) However, as any good trader should know is that you shouldn't get married to a position or scenario. Therefore, for this scenario (2) at the 6.48 level instead of immedietaly closing position I advice that we re-assess the markets at that moment in time and see whether we should continue shorting down to 6.3 further easing into shorts on the ride down. **A1 is a copy/shadow of the Bars Pattern taken from A. Fundamental Analysis The strength of the US economy which led the Federal Reserve to raise interest rates this year in conjunction with Trump's Tariffs has led the Chinese Yuan to fall more than 3% again the dollar in the past two weeks as tensions between the two largest economies has escalated. Chinese companies have amassed huge leveles of US dollar debts in recent years through bond sales in Hong Kong, according to financial data provider Dealoagic. However, it seems that China has been preparing for the upcoming Trade War as Moody's Investors Service stated that 'll but five of the 49 rated South and Southeast Asian high-yield non-financial companies have protection in place against a significant rise in debt levels or borrowing costs, if their local currencies were to depreciate up to 15% against the US dollar. The 49 companies reported a combined US dollar debt total of $45.5 billion as of year-end 2017, or about 55% of their total outstanding debt'. We can expect a further depeciation in the Yuan which shouldn't be to alarming for investors as it could make China's huge export industry more competitive globally as it makes Chinese products cheaper for buyers who pay in dollars. For which Trump has in the past repeatedly accused China of manipulating its currency's value in order to acheive this.
Long
by MoneyBodySoul
USD/JPY LongGiven the recent equity market sell-off due to discussion of Aluminum & Steel import tariffs proposed by the White House, the USD/JPY has been one of the biggest movers. Due to the risk off attitude by investors world wide, the USD/JPY rate has broken the 105 level and appears to be heading to 104. At this point, the sell-off in the dollar may be over done as interest rate differentials will lead to a spot appreciation in the USD. With 3-4 rate hikes set to occur this year in the US coupled with Japan waiting until 2019 to unwind quantitative easing, the USD seems poised to reverse. For further multi-asset insights and trade ideas feel free to check out our site on our signature or home page!
Long
by Quantamize
Long around 92.95 for targeting 93.64Before i make a post of long DXY and then we reach the target now The dollars make is pullback on daily chart you can see than the ma20 and 50 match with a support and a up T-line so will be the price for enter approximatively . all data match with the FED goal and especially the UP in earning Wage (inflation of salary) last firday So even i make ths trade before the FOMC i think i will not have a Dovish surprise. Only Trump and his Tax reform wihout details yet weight on the Dollar Enter around 92.95 Targeting 93.64 Let you manage your SL
TVC:DXYLong
by corsicasia
Everyone's long EUR, but is this a short opportunity?Hmmmm, I get it, long EUR because of current account differentials, QE taper, balance sheet normalisation, US political uncertainty, French elections over, everything rosy in Europe. But often, the obvious is obviously wrong . If EUR respects 1.20-1.21 as overhead resistance, then we could be looking at just a 50% retracement of the huge down leg. Suggesting EUR downtrend will resume. Why? I have no idea. But put the trade on first , and assess the why later. Great risk-reward here.
Short
by Exercise-Discipline
2
XAUUSD - Counter trend setup-We've reached a price where several fibonacci levels confluences from different timeframes. -We have a historically strong support and resistance level. -At this current level we see a double top being formed on hourly. Depending on rules, there's also a big bearish gartley pattern completing its D leg at this level. Preferably, I'd like to see a break to the downside after the top before entering, but in spite of the other clues I'm entering with one position now.
FX_IDC:XAUUSDShort
by timmynorin