Aditionally we can see a divergence at RSI 7, so for me it is a good time for long with my first target at the montly pivot, and the second one at the quartely pivot... what u can see?
Thank u sr... it is my pleasure... and happy holidays wish u my son and I :)
germanbel
⋅
CONGRATULATIONS!!! I love your forecasts because you see the market as I see it. I am tired of reading ideas of PRO people that really I do not know where they get the numbers. Is a pleasure to follow you. Happy Holidays!!! German
BethZu
⋅
@germanbel, Thank u sr... it is my pleasure... and happy holidays wish u my son and I :)
akhedri92
⋅
i am agree , but in the monthly time frame , it is strongly bearish . take a look at my profile and my latest analyze .
FXPeak
⋅
@akhedri92,
On monthly, it has completed its down retracement from previous strong uptrend. Likely scenario is that it will be doing a wave 3 - uptrend on the monthly. just sharing my tots.
FXPeak
⋅
I shared your view. I am into long. USD ls likely to pose weakness against AUD during these period as weakness in AU econ data has be factored. Current month data for AU is positive while US is into a rough patch both economic policies and political challenges despite strong NFP. Fed raising int rate in Dec will likely pose a strong negative reaction to the ccy.
BethZu
⋅
@FXPeak, I really do appreciate your comment dear Vincent... wish u a great great week and happy pips... :)