wealth_pioneer

wealth_pioneer

After an attempt of continuing with a bullish rally, USD/JPY Seems to be running out of juice! A bullish pennant appeared yesterday on smaller time-frames and held on to its buy promise however it appears there is a change of events! USD/JPY has arrived at a resistance territory. Price action will conclude the story on my behalf,....

wealth_pioneer

Price action leaves footprints and as you can clearly see Gold is struggling to break below the highlighted strong support. Could it be time for bulls to come out and play? as The US DOLLAR INDEX hangs at a very strong resistance range.

wealth_pioneer

The currency pair remains under pressure as the DXY extended gains breaking the 97.00 Resistance price, however it seems the DXY is still in range of resistance and could easily surrender bulls sooner or later! EUR/USD has reached a significant price where there seems to be a support and a potential reverse head and shoulder is promising! will it rise? NEW YORK...

wealth_pioneer

Is it time to dump the USD/XXX and pump the XXX/USD and hold ?? USDX indicates the strength of the dollar against its major pairs, from this analysis USDX is heading downwards!