USD Index is in an interesting position, and could go either way. Let the market tip it's hand on Monday, and then trade USD pairs! Check out my analysis and leave me a comment and/or feedback. I appreciate hearing from my viewers. May profits be upon you.
Analysis: Upwards trend (bullish confluence factor) Break & retest of previous area of resistance for support (bullish confluence factor) 38.2% fib retracement level touch (bullish confluence factor) Upwards trendline close by (bullish confluence factor) 6K long position decrease for the USD (bullish confluence factor) Stay Safe - The JPI...
The index is selling in the medium term, but you should pay attention to related news
Analysis: Upwards trend (bullish confluence factor) Retest of an old support level (bullish confluence factor) 61.8% fib retracement level (bullish confluence factor) Upwards trendline touch (bullish confluence factor) NZD is the 5th strongest major currency whereas the USD is the 3rd strongest major currency (bearish confluence factor) 2K short...
Analysis: When we look at price action we've recently seen a strong rejection off of an area and price is making a move back down however we see this as a buying opportunity. If we look at price action before this rejection we can see that price did indeed form a higher high and a higher low showing us that we're in an upwards trend. This higher low hasn't yet...
Price is at the support zone , and want to see price act on it and go bullish to the previous support that turn resistance @17.3800, or get higher to the 17.5200 zone then price might reject at that zone and sell to 17.05800 zone, but the zone I expect price to likely reject is the 17.3800 zone.
As we say last about selling eurusd for H&S strategy get well to TP
The EURUSD currency pair was trading in downtrend channels on the daily graph from middle of June, but yesterday it broke the resistance barrier of the channel, which is a signal for a bullish turn of the currency pair. Technical indicators like MACD and RSI are confirming the bullish trend as well. If this trend continues we might see the price of the...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Hey everyone I want to share may indicator signal and analysis {MJteam long signal indicator} EURUSD EURUSD reach 4H level and creat a 4H pivot in this indicator if price in 1 or 2 candle engulfing blue line we can open short position upper blue line and stop loss is red line signal line :blue line stop line :red line target line : green line
DXY // USDINDEX // USD // DOLLAR Sell Setup Continuation trade: 📰 We have seen a fakeout above 93.400, which has trapped MANY traders last week. I have emphasised many times that fundamentally this won't be long when the dollar resumes its bearishness due to the FED and tapering news. And clearly was brought to light on Friday. 👉🏻 As mentioned that 93.000 was...
USDCAD is trending to the downside prior to the CAD Markit Manufacturing PMI, which is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 industrial companies. Technically the pair is bouncing out of trendline resistance, and looks set to continue downside.
GBPUSD SELL LIMIT : 1.37150 TP1 : 1.36800 TP2 : 1.36360 STOP LOSS : 1.37400
Trade according to your account size (Proper risk management) Short USDJPY after a correction occurs above the current support. TP1-107.315 TP2-107.000 *Trade Risk free*
The Norwegian Kroner continues to strengthen against the U.S Dollar. Higher Crude Oil prices are increasing the demand for the commodity-linked Norwegian Krone. The Dollar is weaker due to lower interest rates and the negative balance in the U.S Current account. In the video we look at selling the exchange rate, with take profit targets, stop loss, and entry...
We look at the USD/JPY exchange rate and the bearish trend that's firmly in play as the dollar weakens across the markets. Lower interest rates in the U.S, a $2 Trillion Fiscal spending package from the incoming U.S government, should continue to cause structual weakness in the dollar. We look at technical analysis entry strategies, Key support levels and...
In this video, we look at why the EUR/USD exchange rate has been pushing higher since March 2020 when the Federal Reserve cut interest rates in the U.S to 0.00% from 2.50%. The U.S negative current account balance also makes the dollar structurally weaker as huge fiscal stimulus spending by the U.S Government will further weaken the dollar. We look at entry...