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Usdollarlong

USDJPY formed bullish shark | A good long opportunityAfter successful formation of bullish Shark pattern the price line of US Dollar / Japanese Forex pair Yen has formed another bullish shark pattern. Even though the price action has hit the sell zone upto 0.382 fibonacci but all indicators are still turning bullish therefore I am expecting more profit. MACD is turning bullish Stochastic is oversold and has given bull cross Volume profile is showing less interest of traders at this area. I have used Fibonacci sequence to set the targets: Buy between: 105.502 to 103.691 Sell between: 107.035 to 110.572 Regards, Atif Akbar (moon333)
Long
by moon333
BULLISH USD?!Simple 12H analysis on the USD Weighted Index (not DXY) Seems as though we are creating a 1-5 elliott wave, and reacting strongly to the drawn trendline. I expect the market to form the final wave, completing the elliott pattern, and for the impulse to be exact same size as the first wave, which will then bring us to the marked zone, which is a very key weekly reversal area. USD still has some room to gain strength, even with all the trade wars happening. So i expect this to be a smooth journey for a bullish USD across the board. @PipsOfPersia t.me
Long
by PipsOfPersia
1
Long USD/JPY!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4 Hours Actions on - A – Activating Event Currency Pair pushing off higher support line and breaking resistance line. B – Beliefs Market move towards the first Target 1 level @ 110.350 FX:USDJPY Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 110.350 Target 2 @ Risk/Reward @ 1.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Long
by SMPTrader
USDCAD Currency Pair Update Nov 7, 2018@12:50 pm ETAs of writing, November 7, 2018 @ 12:26pm, the CAD’s hammer against the USD is packing 0.17% punch while the USD’s hammer against the CAD is packing -0.16% punch. So, at this moment, the Canadian dollar is packing a stronger punch, which means that the Canadian dollar is gaining strength against the USD. So, traders can take advantage of this strength difference by buying the currency with the stronger upside momentum and selling the currency with the weaker upside momentum. These momentum strength differences change over time, however. At some point, we will have to sell the Canadian dollar and take profits because we bought it early in the early stages of its upward momentum. So, it will soon start to give up all the gains that it has acquired during its uptrend. This is where our trading strategy comes in handy, telling us when to get the hell out of the market when its time, and don’t stay a second longer. We have deduced our opinion from observing the 1-hour USD/CAD and CAD/USD charts (both charts revealed the same signal). We will follow this up with more detailed technical analysis. Please click here for the full article.
by mstardom
U.S. Dollar is going to drop compared to Canadian!The U.S. Dollar is going to drop compared to the Canadian dollar because of the recent election in Canada. Having the Liberal party out of the Parliament means that PC will stop the damage that was a ongoing problem with the Liberal Party. The PC party will be creating jobs and will be pulling the Canadian debt back from where it currently is as the liberals buried us in it. the liberals dropped our Dollar about 23.4% over time and that will flip with the new Party in government. So i hope you either will get out or stay in long and hope i am wrong but this is my analysis after the current Election. - Jon Matthews
Long
by matthewsjonfredrick
patience pays off[ ]At the time of writing this article/idea our full short position is now justified in both of the precious metals gold and silver from the risk and reward measurement Not too long ago on friday we closed our net short position in both metals in our group,since then we have seen huge rally in gold and silver as expected before,we already mentioned our short term target area in yesterday post and it was expected to reach at the end of week but yesterday rally was so significant that both metals hit there target areas,before going into chart we want to emphasize you that don't try to look charts as a trading system,it's rather a tool which helps you to find good entry,stop loss and take profits that's it,there are many long term fundamental factors which helps us to add long or short position in our portfolio,ok now let's dive into charts In yesterday post we mentioned that gold could move 1340 zone before it plunges again why 1340? that's where the rising resistance line is,we argued that once it hits that zone that wlll be a strong bears signal and we will be ready to net short our position but before it plunges more in a dramatic way you can see a small upswing again in both of the metals,most important to note is yes gold market is giving strong bearish signals but more strong confirmation is coming out from other precious metals sector silver sector-until now we didn't mentioned silver sector in our idea but from now you will see silver,mining stocks as well as usd index analogy in our articles,on dec 15,2017 we have seen a similar daily rally that we saw yesterday,shortly after the rally silver plunges,bearish implication were huge,so are we going to see the same decline in silver this time? we already did but lot more to come!! not only because we are comparing this present scenario with past but because silver outperformed gold multiple times before declining,we already mentioned in our articles(not here sorry) that once silver will reach to our target area our bearish outlook will be more confirmed ok let's move into us dollar index,keep in mind thay usd index is above its very important support level so long term outlook is very bullish but before the end of week we can expect some volatilty as mario draghi speech and emloyment numbers are about to come so the question is will gold and silver will rally up again,they can but less probable as they have reached our areas of interest so outlook is very bearish now,but anyways we will update with our post if any major changes will happen in metal sector, gold-1st target-1230 stop loss-1379,entry price-1325 silver-1st target-14.730 stop loss- 17.300 entry- 16.500 if you are interested in intraday signals p.m me we will provide you it free stay tuned
FX_IDC:XAUUSDShort
by NeerajPandey
6
EURO VS DOLLAR in strengthenig with 1.2125 and 1.2200 as targetsThis week as long as the EURUSD price will be above 1.20 trend still bullish . Stay long or open new long positions above 1.20 with 1.2125 and 1.2220 as targets before falling again. Buy the deeps will be the better strategy for EURUSD trading at the moment. On the weekly and daily charts the price of the cross still above all moving averages so that bullish trend is confirmed. Momentum above 100 means that buyers have got control of the cross. Support levels: 1.1865 - 1.1905 - 1.2000 Resistence levels: 1.2090 - 1.2125 - 1.2200
Long
by sforex-s
!The actual possibly is high!Multiple reasons lead to the idea of a UJ long situation over a short. First is USDOLLAR INDEX is testing a support as seen on the right chart, while USD/JPY is testing as well its own support line. JPN looks exhausted and needs to take a nap most likely. --------------------------------------------- Fx - USD/JPY Chart timeframe - 6hr Area of interest - 109.5, 114.5 Potential target 1 - 112.75 Potential target 2 - 113.5 Potential extended target - 114.5 --------------------------------------------- Trade Safe everyone!
FX:USDOLLARLong
by DMC
BUYERS definitely in market.The pair that that is always fair! UJ weekly showing multiple confluences for rejection zone at around 109 level. If Sunday DAILY closes bullish engulfing we could definitely see lift off of this pair. But downtrend is still currently valid on higher Time Frames so be careful in swinging in any direction. My bias is just visuals of momentum switch on lower Time Frames on this pair. Higher Time Frames do take more time to show movement so updates on them will be weekly. Setups off this pair will be patient from my end.
by draked11
EURUSD SHORT SETUPHere we have yet ANOTHER setup for EURUSD shorts, this setup needs to be followed EXACTLY in order to not enter a losing position on this trade. We need this current strong candle and current low to find a bottom then retrace up to my sell zone (two red horizontals). From the sell zone, look for sniping opportunities on lower time frames to enter sells toward the take profits given (horizontal greens). WE MAY NOT REACH THE SELL ZONE. In this case, look for a false break of the black trend line. I will also take sells from there. IF WE KEEP FALLING, and get NO RETRACE, then we may have missed our trade. I will only sell based on a solid bullish pullback given there is an opportunity on a 1hour, 30min, or 15min chart. HAPPY TRADING!
Short
by samblum_