Currently a buy on all xxxusd pairs but this one is right at a strong support level
The KIWI has been respecting the .286 fb levels for the past couple of days and i expect it to do the same again now. GOTTA GO LONG
do i really even need to explain that you have to short usdxxx pairs right now? this opportunity is at the perfect point to sell right now with the retest and large bearish candle on price action.
set stop above the .382 fib level and tp at the next support zone approx. 200 pips potential
USDCAD is hitting a very very strong trendline that has held for Weeks. After seeing the very bulling pin bars on the previous support at the higher low, i believe that a large number of buyers will enter here just like the last touch, but rather than be skiddish, this pair is going to shoot right back up to the 1.33 levels and retest that resistance. From...
usdjpy could continue to the upside if we see a push past this monthly resistance. if it closes above the line, wait for a second retest, bullish engulfing candle close, and then enjoy the ride on the rocketship all the way to the moon.
The pound just broke a resistance. i believe the pound is only going to continue to strengthen over the next week or so, but not after an exhaustion to at least the .618 fib levels, a safe bet would be wait until the pair has retraced back and wait for the next bullish engulfing candle to go long on the two. Set stop loss a good distance under the new support.
Sales in the US stock market are not yet mass and panic. Yes, on Monday the preassuren was quite tough: the technological index of S & P technology lost almost 3%, and the shares of FANG lost from 3% to 6%.
Nevertheless, if you look at the daily chart of the Dow Jones index, you can see that nothing is happening yet. The index fluctuates in the range of...