The USD is gathering strength and bullish momentum. I’m anticipating a major reversal period if it fails to breach major resistance at 1.9250
USD/CAD - Monitoring this chart. expecting a retest of the support level and this to open up a good entry point. looking at 1:5 on this trade.
Update - 80 pips in profit. Still 150 more to gain. Let me know your thoughts.
As Trump recovers the Dollar bull run will find steam again.
Yen is starting to recover and i can see a long term bullish run from this currency.
Not an easy one to predict, stuck in confluence waiting to hear about brexit and covid news. I will try get in on a within the week swing.
Scalp trade price rejected the below 1.56 test 3 times, expecting a breakout above 1.562 a small retraction then back up to 1.573
As Brexit negotiations continue I anticipate the pound will continue its downtrend even after the small retrace seen today.
Waiting for the next 1H candle to confirm a bear push back down to the 1.5543 area.
GBP remains weak - 3 challenges out of a confluence zone to push out past 134.80. All 3 retracted, on open of UK market I expect a downtrend.
Expecting a slight pullback or a period of consolidation. Have hit my TP and won’t re-enter unless I see a good scalp opportunity
40 pip short and moving. Not too late to jump on this downtrend. I posted this chart around 1h who and there is still room, 1.268 is TP.
Dollar bull run continues and in a good position with this long term swing entry.
GBP's consolidation has finished, the downtrend and weakness in this currency will continue.
EUR/USD - 4H chart. After today’s news of Europe stocks opening higher the price retracted back to the 1.172 area. Now it’s rejected that price again I’m expecting an extended downtrend with things getting worse in Europe.
4H chart - moving nicely on my short position. My trading plan is to keep monitoring and if I see a 4H candle finish above the MA I will consider closing. However I only see downfall here with GBP entering further lockdown and people being encouraged to work from home.