EXY -> Potential strength, could drop below the current floor however AXY -> Much stronger bounce to strength Resistance + Trend Lines + AXY Strength = We Are Shorting EURAUD 6.5/10 Rating
Simple. Dollar future weakness likely. Resistance + Trend & DXY projection = Short USDSGD *Could push though, watch H4 & Daily candle closures + watch DXY as it may have a bit more strength in the tank!
KISS -> Keep it stupid simple DXY (USD) weakness coming CXY (CAD) strength coming
AXY looks geared up for a significant move to the upside *strength USD (DXY) might push up a little bit more before retracing *USD weakness Might be early on this one, but SL is tight and TP to SL ratio is good.
Keep it simple. DXY -> future weakness EXY -> future strength TA lines up -> Boom, trade entered.
Could see a bounce, retest, then continuation to the downside or Could see a clean break lower Waiting for confirmation.
Previous Short Setup Netted Us Over 222 pips profit. *All in orange! New setup would be a long either from where EJ is at now or after another stretch to the downside at one of the next support levels. EUR (EXY) -> Could go either way, but the data suggests it will gain strength. JPY (JXY) -> Should see a correction to the downside by later this week, could...
CADCHF, will need more confirmations and a dive into the H4 timeframe before making any trades. Somthing to watch this coming week. Retest expected before continuance of new trend.
Looking at a potential short trade on USDCAD USD could have a bit more strength in the tank first, however. CAD looking to make a nice move to the upside (strength) if it does not break lower on CXY Will have to wait for more confirmation both TA & Funda. wise.
Strong 5+ year-long upper resistance trendline. USD -> DXY (TA) = Weakness +COT Data Supports This JPY -> JXY (TA) = Strength* +COT Data -> Balanced
Bottom supporting trendline, holding. + support structure. *Don't forget about Brexit at the end of this month! GBP -> BXY -> *could go either way -> Betting on BXY strength +COT Data -> GBP = Strength Add in USD -> DXY -> Bearish (weakness) +COT Data -> USD = Weakness
Simple resistance based setup including an ascending channel with resistance trend/zone Add in JXY (JPY*YEN) TA: JXY -> Strength +COT DATA -> JPY = Strength* EUR -> EXY -> Has been weak and it's unclear where it's headed next COT Data suggests that EUR will be losing strength and getting weaker supporting our EURJPY short trade.
Simple supportive trendline combined with support structure. Add in DXY (USD) TA: DXY -> Weakness + COT Data -> USD = Weakness The EUR side of the equation is the question. EXY TA -> could go either way EUR COT Data -> Mixed *Setup to watch for. *Not an entry call.
Technicals alone show us UJ is ready for a move to the downside. Cross Checking the USDJPY chart with DXY & JXY charts continues to support our short position. And when checking the COT data we see that the majority of the big money is going long on the Yen and long on the Dollar.
Our last AUDCHF did hit our SL for a -29pip Loss. We had our SL pretty tight. We will again be looking to take a long position after further confirmation based on candle closure on the four hour.
TSLA has gone AWOL. Musk reached his mark! Taking a look at the short term pullback potentials based on previous retracements. Jan 31st, Feb 14th, Feb 21st If you were to make a Put bet what would it be?
Taking a fun look at DIA with the retracements of the past to give an idea about the potential next drop.
Not confirmed! AUDCHF could dip back down towards the .666 levels again before pushing higher with our target profit near .68+ Will have to see how AUDCHF plays out first.