TradingView
Johanes
Mar 21, 2019 6:46 AM

JLS: USD-Pegged Pairs Price Trends Short

New Zealand Dollar/U.S. DollarFXCM

Description

Both CHF and JPY carry traders out of the market to strengthen CHF and JPY in the market, this result the strengthening of USD and to lead the NZDUSD, CADUSD, AUDUSD, GBPUSD to downward to their lower ceilings (USDCAD to upper ceiling) and at the same time USDJPY and USDCHF to their lower ceilings.

Comment

This is the price trends I trade until they reach their lower ceilings by multiple tranches.

I prefer to trade price trends to which direction the basket prices to move rather than temporary bullish and temporary bearish.

Comment

Let's wait if NZDUSD could be dropped down to 0.6650-0.6400 from the 0.6939

Comment

Let's wait if the USDCAD could be pushed up to 1.3450 and higher from the 1.3260

Comment

Let's wait if AUDUSD could be dropped down to 0.7000-0.6900 from the 0.7160

Comment

Let's wait for GBPUSD to 1.2800 from the 1.3300 for profit booking

Comment

Let's wait until the NZDUSD dropped to 0.6650-0.6400 from the 0.6939 for profit booking

Let's wait the USDCAD pushed to 1.3450 and higher from 1.3260 for profit booking

Let's wait AUDUSD dropped to 0.7000-0.6900 from 0.7160 for profit booking

Let's wasit the GBPUSD fully dropped to 1.2800 from 1.3300 for profit booking

Comment

ESTIMATED LOWER BANDS/CEILINGS:

GBPUSD 1.1800
NZDUSD 0.5950
AUDUSD: 0.6350

ESTIMATED UPPER BANDS/CEILINGS:

USDCAD 1.4100
More