The FX:EURUSD has room on the downside.
On OANDA:AUDUSD Bulls be eyeing for a move back above 0.7700 handle as the focus now objective is to break above the 0.7725 and 0.7760.
Stay tuned for the AUD and EUR .
The FX:EURUSD is under pressure from signs of a slowdown already happening.
The first value of the pair is 0.76874 and the second value 0.76430. But the price decreased and the value of the RSI indicator increased, that is, a discrepancy. Then the increase will increase. In figure 4H there is also this discrepancy. See the price increase.
The Aussie FX:AUDUSD is recovering well and the FX:EURUSD has dropped below 1.2300.
Well... Australia was officially made exempt from the tariffs on steel and aluminum, other figures were good, like as the change in employment was +17.5K, within expectations. It's time to buy. The TVC:DXY will gain strength, but I think even so the Aussie goes up.
Reentry! The TVC:DXY is melting at the moment, but will soon recover.
I know. The current scenario is favorable to a bullish trend. But other points should be taken into account, such as the signs of a peak in euro-zone showed up with PMI data all falling below expectations. In addition, US GDP has a positive forecast.
Down FX:EURUSD & Up FX:AUDUSD .
HPI q / q + Employment Change + Unemployment Rate will bring good news to the AUD?
Fast position in FX:USDJPY .
All indicative signs pointing to recovery of OANDA:AUDUSD and OANDA:EURUSD .
Short opportunity in EUR/NZD...
Retail sales which will be released soon, should bring a high for the TVC:DXY . Stay tuned.
Taking into account the latest news, I think it will be a week high for the DXY , but will have the release of the Gross Domestic Product (GDP) on March 14. Big candles are coming!
I believe in the recovery of the DXY as well as the recovery of the AUD ! So, let's go to the profits!