DXY has made double top at high.This week has the potential for the dollar to create at least weekly candle bearish and its beginning to indicate a reversal for the dollar to bearish market.
since price of GOLD has reached its lower price for the month will cause people to lose faith on US10Y and soon will divert to put their trust back on gold.
gold retraces lower cheaper price and expect for new bullish leg despite USDJPY if going for short on 78.60 FIB retracement on lower timeframe
after gold sudden bullish price volume from demanded price we could see price is rejecting ceiling price from US10Y
its important to wait market/price reaction at significant level after open US session.
expecting for bull run on DXY despite bearish for the Japanese Yen.Waiting for price reaction towards demand area for potential retracement/execution.
basic inverse correlation towards the for XAUUSD.expecting bullish leg after bullish formation of basic price structure.
Negative correlation for USDCAD pair. basic price structure to complete the fucking leg
FX:NZDUSD
GBPUSD-IN ORDER TO RESPECT SHORT MOMENTUM FROM 1.33300 TO 1.14700 WHICH IS EQUIVALENT TO APPROX 2000 PIPS MELT.RECONSIDERATIONS WERE MADE THAT WE MIGHT SEE PRICE RETRACING BACK TO MY PERSONAL POTENTIAL MAJOR CEILING AT 1.27300 AND ALSO ACTING AS MY MONTHLY RESISTANCE {61.80% FIB} RANGE.PRICE BROKE LOWER THAN 2017 AND LAST YEAR SEPTEMBER LOWS INDICATE LONG TERM...