ProfitsTrading

ProfitsTrading Updated 

We can see on the DXY daily chart a clear USD down trend, I will be carefully watching this trend for any reversal that may happened during the next few days, please share your thoughts on this matter.

ProfitsTrading

DXY Retesting broken Trend line Before, have two scenarios as shown in the analysis.

ProfitsTrading

EURUSD Shorting opportunity until it hits the target of 1.11635 on weekly timeframe. I will be updating this Idea weekly. Best of luck.

ProfitsTrading Updated 

DXY Double top on daily chart, looking for more down side.

ProfitsTrading Updated 

108.560 is my next expected target let's see if it hold as a support area, as it did last January.

ProfitsTrading

The DXY is testing the monthly 61.8 fibo level, so I am expecting a fall back for the usd index and also a higher prices for the euro against the dollar.

ProfitsTrading Updated 

1.12600 Retesting this level is possible as we are seeing an oversold situation on daily chart. The 1.11109 is presenting a strong level of support, so I will be looking for a buy signal, if a break below this level I will be selling this pair till 1.10000

ProfitsTrading Updated 

This is a closer look for what is going on this week and the next by looking on both daily and weekly chart.

ProfitsTrading Updated 

I expect to see resistance at this level as it has been on the last few week, so if it holds then we may see 1.15000 and if we break above 1.18400, then we may see 1.2xxx But in the mean time I expect it to hold and then we may see 1.15000 soon.

ProfitsTrading Updated 

I expect this area of of weekly chart to hold as a support area as it happened before in the past and if it does hold the we may see 98 level on the next few weeks.

ProfitsTrading

I would sell any rally up, unless I see a reversal pattern.

ProfitsTrading Updated 

Expecting for this pair to test 1.7200 level in case that 1.6500 area holds support.

ProfitsTrading

Profit target, small position is recommended.

ProfitsTrading Updated 

I have explained on the chart in brief, good luck and always remember to have a tight SL in the right place.

ProfitsTrading

DXY is showing weakness as we may see some correction to the down side, and If it break the Daily 61.8 Fibo resistance then there is a chance for a higher direction which is more unlikely.

ProfitsTrading

Uptrend is most likely on the 4H chart.

ProfitsTrading Updated 

Expected move

ProfitsTrading Updated 

Possibility of 1300, is on the table this week and where I have placed my TP.