copelandlakisha

copelandlakisha

I am seeing a possible reversal on US pairs this week. AU struggled to keep its uptrend and on this pass Friday we saw a reversal on most pairs containing the DXY. Like EU I am expecting AU to go down before it continues its uptrend this week due to NFP and the possible stimulus package. But beware because I believe this downtrend will be short live because we...

copelandlakisha

If anyone was trading EU this Friday you probably remember for most of the day EU was in a downtrend. On the weekly chart EU wicked the 1.19 mark letting me know there is some rejection at that point. I think this week will be interesting due to NFP and the stimulus package. This Friday the DXY was very strong and we saw a lot of our favorite pairs doing the...

copelandlakisha

The dollar is currently sitting on support. Will the dollar breakdown any lower or will we finally get some retracement? The answer to these questions will tell us what to do with your dxy major and minor pairs.

copelandlakisha

Look for more bullish momentum. The dollar is extremely week, but be careful of possible retracements because eurousd is overbought.

copelandlakisha

I am looking for more bullish momentum this week as the dollar is extremely weak and has falling through support. But be careful of possible retracements. Always trade what you see (price action, market structure, etc.)