British Pounds against the dollar has been consolidating around Fridays price action session. Unless we have news influencing price change, i will be looking to go long on this bad boy. Targets around 1.2115. #Letstrade
Price action stalled round 1.1913. Constantly testing it from time to time. Will this be the resistance zone. Unless FOMC comes out negative, will be looking to potential short this pair to the lows.
Looking at the price action for the past two weeks, no one has been spared when it comes to aggresive moves. Bulls and bears have been left stranded on between 105.36 and 108.20. Looking at possible bulls to push the dollar higher. FOMC ahead today. Unless economic data comes out negative on the dollar. I will be bullish. #letstrade
Looking on the Daily time frame. Lots of buying pressure is seen from bulls. looking at the next potential target at around 1800. #Letstrade
DXY ( Dollar Index ) Dollar index is bouncing off some particular some of support which is found around 105.00 level. This level was a major breakout from early July trading sessions. This could be a continuation to the upside by the Bulls in it to form in new highs. NFP anticipation this afternoon lets see what that market has to offer us during inter-markets...
TECHNICAL VIEWPOINT 1.2264 has majorly played as a huge resistance block for a while. Back in JULY it was testes significantly and recently this week we got back again to it. There was some form of support that has been holding cable around 1.2100. 1.2150 looks like a good area where bears are trying to push the pair to the downside. Anticipation of the...
DXY bulls still enjoying their glass of whisky. Ranging markets print out from NFP out of friday trading sessions. However, my bias is still bullish on this ahead of CPI #Letstrade
Huge selling pressure from Tuesdays trading sessions. Cross winds on the dollar. Will the dollar win the tag of war? #Letstrade #GBPUSD
Pounds Data came in positive during Euro Open. Potentially looking at pounds getting on some recovery over as time goes by. Looking for entries ahead of NY session today. #Letstrade
Gold has been trading around support level. Chopping around that region fro the better part of the trading sessions from Tue. Ahead we see FOMC meeting coming up. Lets see what this commodity will offer during New York session
Markets are still uneasy ahead of today's release of U.S. inflation data, thus Cable is virtually unchanged from yesterday's closing (see economic calendar below). Since there are no events planned for the UK today, the CPI takes center stage with an expected 8.7%. After examining the nowcast data from the Cleveland Fed, many analysts are searching for a real...
PRICE TECHNICALS AHEAD 🎲 DOLLAR INDEX Price is trading around a resistance level. 106.50 If price gets support around 106.00 then all green lights to be Bullish on dollar will work. #Letstrade
Region in between 1730 & 1735 looks is an interesting area that might hold as a resistance region. If price breaks off and closes above 1740. then possible bulls might be aggressive. Currently looking for shorts to possible support area around 1700. #Letstrade
Post Market open price action noticing some bears in the markets during mid euro session. Looking at possible pullbacks to 106.00 level. From there henceforth I will be expecting to see aggressive bulls into the markets #Letstrade
Markets Open. BULLS could be dominant in the early stages of market open. Hopefully holding on 1.2075. Intraday Trading 50 pips Risk 25pips
Bears came in heavy during early European trading sessions. 1.1970 could not hold the support level. Possibly now we have support turned to resistance. Bears presence looking significant from here onward. 1.1760 would be our potential area of support. #lets trade.
Massive sells coming off early European session. 165.70 held through that resistance level. Seeing long term sells from here.
Price action seeing sharpening up higher from that from bounce around 106.70. On H1 time frame we can notice how sneaked out of that trend break out. Long Term Bulls should flood the Markets