EUR/USD - USD Strength Prevails as price tags HTF key levelMarket Update. Bears continue to take control of this market. We've tagged our HTF key level and we're seeing a bounce. We still may see USD lose some gains on the week during trading today. Be careful with the NFP data released today.
For our potential break and retest trade setup - we didn't find a retest for our entry. However, one may come next week if USD loses some recent gains. That being said - our directional bias and USD strength has proven to be correct this week.
Usdstrength
NZD/USD - Evolved Structure and LevelsWe can see price has now reversed - we expected dollar strength and this is what we're continuing to see through London this morning. Lets see how price develops on the pair through New York in around 4 hours time.
Identify key trends, key breaks, key structure levels. We're expecting more downside movement on the pair.
Happy Trading! Hope you all have a great week. Remember, any analysis questions drop me a message!
GBP/USD - More Dollar Strength on the way?Good afternoon traders, hope we all have a great weekend. Here's what GBP/USD is looking like heading into next week.
We can see price tagged 1.37 forming a triple top formation. As expected, bears enter the market and take price down over 100 pips in a 24 hour period.
Will USD strength continue into next week? Could we see price test 1.35?
USDSEK - LongPrice is forming a descending channel ; Price possibly is forming a descending channel within the descending channel towards support. Its possible price can breakout and go to 8.70250 if price breaks that resistance its possible price can head to 8.94500 and if price breaks that its possible price can head to 9.14500.