dollar hit resistance in ascending channel. Possible sell to bottom of channel before a long.
Go for short now for about 60 pips and then long for over a 100 pips.
There should be a slight pullback to about 50% of the previous candle and then a sell to the aforementioned area on the chart. This is based on a daily perspective so go down to a 4hr time frame and look for that candle to make this trade happen.
There will be a pullback to 1.2712. There is a double top happening so in most occasions, there tends to be a correction to the next support level. I will open a trade to short it since there is a lot of pips involved. Might take the whole week to get it. Looking into next week I will be going long to 1.3098.
Should be a slight pullback to 1.3160 and then drop to 1.3014. I really see a 1.2906 coming as the next resistance. The US dollar index is going down so this will show in this pair really good.
There was some consolidation happening last week. This week i see a huge pullback to 136.59 - 135.36 area. At which point, I would look for a buy to go up to the next resistance level of 143.88. I might go for a sell this week to reach the potential buy area to get a few more pips.
I see a pullback to the 1.1078 area and then a long to 1.1216 area. If a daily close above the 1.1216, then the next resistance will be exposed to go long for more profit.
For this week, i am predicting a pullback to about the .6883 and if there is a daily close above the trend line, i would be going a long to resistance .7008 area for TP. This week also is a rate decision from the Aussie bank. Be careful trading around that time as it will become volatile. USD index still predicted to go lower this week so still a push up for the...
This pair will continue to slide in the long run. Should go down another 10 to 20 pips and then a pullback to around 1.6170 area. At this area I would be looking for a short for about 150 pips.
The Aussie dollar is rising strong. It is now approaching the trend line on the daily time frame. If it closes above the trend line, I would be looking for longs until the next resistance. If it doesn't close above trend line and sellers block at this point, I will be looking for sells to come down lots.
Another push up. Be prepared that the federal election on Monday might cause a slight volatility but it will continue to be higher.
We will have another upside to the EURUSD. Possible pip profit of 100 pipis. Good luck
Lots of momentum coming off the last couple of days of last week. Still see a push higher. Correction to about 1.8450 area and then push higher to next resistance of 1.8812 area.
The Aussie dollar should pullback around 73.35 support before moving on to around 74.50 resistance.