FxPocket

FxPocket Updated 

EURUSD . Potential long opportunity. This is an adaptive analysis! Our idea for EURUSD is a long after the price has fallen to our PBA (Pull Back Area). With DXY showing weakness we do believe that EURUSD could rise to our target 1.11674 . Our SL is set at 1.10751 . In second scenario , we could see EURUSD make a deeper pullback down to ...

FxPocket Updated 

AUDUSD . Potential long opportunity. Our idea for AUDUSD is a long after the price has fallen to our PBA (Pull Back Area). With DXY showing weakness we do believe that AUDUSD could rise to our target 0.6857 . Our SL is set at the break of structure at 0.6778. PARAMETERS - Entry: 0.6801 - SL: 0.6778 - TP: 0.6857 KEY NOTES - AUDUSD has fallen...

FxPocket

U.S. Dollar Index (DXY) DXY is sitting at an important KL (Key Level) at around 100.600 . On a bigger timeframe we are still bullish on dollar. Several factors support Dollar strength: The Dollar is expected to maintain its strength for some time. Still, some risks could lead to further appreciation, including Euro area concerns, changes in Chinese...

FxPocket

XAUUSD . Potential short opportunity. Our idea remains the same as yesterday however we are posting an adaptive analysis. The price on XAUUSD has made a new ATH (All Time High) we are due for a pullback (at least 50%). Our new key levels are sitting at 2600, 2560, 2545, 2530. Our entry is at 2589. We are expecting the price to drop down to our Key...

FxPocket

XAUUSD . Potential short opportunity. Our idea is that after the price on XAUUSD has made a new ATH ( All Time High ) we are due for a pullback (at least 50%). Our key level is sitting at 2560 where our entry is, and if broken, we could potentially see lower lows down to our targeted areas 2545 (50% pullback) and 2529 . Stops are set at candle flip...