The reason for the forceful price move on the EURUSD pair is as a result of the high impact news released today (CPI), the news came out negative for the USD since we had 3.7% previously and we were expecting 3.3% only to get hit by -3.2% when the CPI (YOY DATA) was released alongside the (MOM DATA) which was zero and the CPI (MOM/YOY) excluding food and energy...
The market has been trending since the beginning of the week, and we've had major moves in the market since the beginning of the week. Today, the market made a tricky but valid break below the swing low trend boundary, and my approach to this idea will be to wait for either valid bearish candlestick dominance (SCD), bullish weakness, or candlestick...
This is my analysis on DOGEUSD, please leave a like if you love the idea and let me know what you think in the comment section below.
This is my analysis on USDJPY, please leave a like if you love the idea and let me know what you think in the comment section below.
This is my analysis on BTCUSD, pls leave a like if you love the idea and let me know what you think in the comment section below.
This is my analysis on EURUSD , pls leave a like if you love the idea and let me know what you think in the comment section below
This is my analysis on AUDUSD , pls leave a like if you love the idea and let me know what you think in the comment section below
This is my analysis on AUDUSD , pls leave a like if you love the idea and let me know what you think in the comment section below
This is my analysis on GBPUSD, pls leave a like if you love the idea and let me know what you think in the comment section below
Gold currently in a corrective state has formed a channel like pattern and is testing the 0.618 fib level of the previous swing (1930 zone), If the market breaks lower the a retracement back to the support zone which would act as resistance is expected and then a continuation downward to then 1700 zone.
by using moving averages and trendline the direction of the market was predicted.