daytradersfx

3 things to watch side by side, 500-1000 pips is the goal here!

FX:EURUSD   Euro Fx/U.S. Dollar
USDCHF             (chart posted yesterday), DXY             and EURUSD             are all lining up very well and confirming one another. Here is the big "what if" and of course it's related to another central bank being central banky!

Yellen speaks wednesday, expect plenty of USD volatility ... PLENTY! IF these USD pairs can hold trend lines and support then we should be ready for some big moves.

USDCHF             and closing above the daily trend line is important. 9835 will be easy for the daily candle to clear, 9885 (previous high) could be a little bit of a challenging level, FOMC will tell us more.

DXY             97.50 is important, watch the daily candle for a close above and then the FOMC, that's an important level, plus we're closing outside of the wedge and looking very bullish .

EURUSD             1.1125/00 was easily taken out, next stop looks to be 1.0900 so if that goes we should have an easy run of 150 pips and then another 200 pips into 1.0700.

In summary, all three of these need to be watched side by side and if FOMC minutes don't mess everything up we should see steady movement across the three pairs into some nice profit.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out