Expecting DXY to open with a gap down, looking for an initial fill back up before a potential continuation lower. This setup aims to capture the downside momentum post-fill, as bearish sentiment remains in play. Stops are placed above recent highs to manage risk, with targets aligned to key support levels.
Anticipating a potential pullback in USD/JPY, driven by signs of yen strength and possible profit-taking in the dollar. Slowing U.S. momentum and global risk aversion could boost the yen, creating a path for USD/JPY to dip toward recent support levels.
Oddly enough, the lower it goes, the more I like it.. However, having the patience to wait on price action to find a solid market structure level to call support is another game entirely. bullish DXY in general so watching UJ at "support" levels
DXY is showing signs of bullish momentum on the 1-hour chart, looking to make a move toward the recent swing high. Positive U.S. economic data and ongoing dollar strength could continue driving price up. Stops are set below recent support to manage risk, with an eye on resistance at the 1-hour swing high as a target.
Expecting EUR/USD to move lower based on the strong U.S. dollar and weaker Eurozone data. Looking for a drop toward support levels as the dollar remains strong. This setup has a stop-loss above recent highs to protect the trade if it reverses.
Looking for crude oil to trend higher as supply stays tight and demand remains steady. Targeting a move up to key resistance, with stops below recent support to manage risk
Crude oil futures are set up for potential bullish movement as inventory levels remain low, and recent economic data supports ongoing demand. Supply-side factors, such as lower-than-expected inventories and potential OPEC+ production cuts, add upward pressure. I’m looking for a push into higher resistance levels as bullish momentum builds.
Euro futures are showing a bearish outlook amid mixed economic signals and continued challenges in the Eurozone economy. Ongoing concerns over lower growth forecasts, subdued inflation, and recent dollar strength are likely to keep the Euro under pressure. This trade idea targets a move down to key support levels as Euro futures potentially continue their downward...
Current market conditions suggest a potential pullback in MES contracts as broader economic signals continue to show uncertainty. After a recent rally, prices appear overextended on the higher timeframes, and momentum may begin to shift downward as investors weigh upcoming data releases and recent Fed statements. I’m looking for a corrective move lower, targeting...
The DXY is showing signs of potential downside pressure on the intraday charts, with recent economic data dampening bullish momentum. The index appears to be overextended after a strong run-up, and a pullback could occur as the market reassesses the U.S. dollar’s strength. I’m looking for a move down to retest support levels below, anticipating continued selling...
The plan anticipates a gap up in the DXY at the market open, where bullish momentum from recent economic data might drive initial upward movement. However, given the overextension of the index in recent sessions, the strategy is to sell into this gap, expecting the market to retrace to fill it, and possibly continue lower.
EUR/USD is poised for a potential bullish move as recent market sentiment starts to shift. With a mix of economic data from both Europe and the U.S. showing a less clear bias, the Euro could find some temporary strength as traders adjust positions.
Euro futures are showing a bearish outlook, with recent Eurozone data continuing to reflect economic struggles. Ongoing concerns over weak growth and inflation expectations are weighing on the currency, while the U.S. dollar remains supported by higher interest rates and stronger economic performance. As a result, I'm looking for further downside pressure, with...
Euro futures are showing signs of bullish momentum, with market sentiment shifting as traders react to improving Eurozone data and a more stable outlook. Recent developments, such as slightly dovish U.S. economic data, have provided the Euro with some relief, allowing for a potential retracement against the U.S. dollar.
ongoing concerns about demand, alongside mixed global economic data, may weigh on oil prices in the short term. I'm anticipating a move lower, targeting key intraday support levels. Stops will be placed above recent highs to manage risk, while looking for continued bearish momentum as the market corrects from overextended levels
The Euro is facing downward pressure, as recent economic data out of the Eurozone has shown weaker-than-expected performance. Combined with a stronger U.S. dollar driven by relatively higher interest rates and stronger U.S. economic data, the Euro is struggling to maintain its ground.
Crude oil is set up for a potential intraday bullish move, with prices showing resilience off recent support levels. Market sentiment is leaning toward higher prices, fueled by continued supply constraints and positive demand outlooks.
Despite recent headwinds, the currency is finding support as traders digest a mix of economic data and central bank comments. With some stabilization in economic conditions and a slight shift in market sentiment toward riskier assets, I’m anticipating a bullish correction.