Short OANDA:USDCHF , price is about to make a false breakout to the upside by breaking the resistance formed on ower timeframes. This move is for grabbing liquidity. I am expecting to have my pending orders snatched from there. I have a few early entries on this pair. I advice you use proper money management. Good luck
On Friday we saw disappointing numbers on the unemployment rate news in USA.
That affected the USD immediately. This week we have news from the ECB.
However, before that we expect that the effect from the Friday news will last and we will see higher values.
The resistance above current price level is at 1,2246.
This scenario is possible as long as we don't...
is it time? time for what u may ask... TIME TO LONG EU!!!! In 2021, usd has fell to multiyear lows against aud, cad, gbp, & nzd.
Euro, along with ch& jpy, has been lagging TREMENDOUSLY .. & now with the dollar pairs at support across the board and euro showing signs of life in other pairs i truly believe we can see 1.23 again and THE JOURNEY BEGINGS HERE
Trade update from a previous video I posted on buying NZD/USD.
The fundamentals point towards a move to $0.75 on the exchange rate that offers a move of up to 5% appreciation in the KIWI.
Fundamentals driving the trend.
1.) Lower interest rates in the U.S no longer makes the U.S Dollar an attractive high yielding currency.
2.) $2 Trillion Fiscal stimulus...
In this video update to a previous video I posted on selling USD/RUB, we look the Dollar getting weaken against the Ruble and a perfect time to enter a short sell-set up.
The Ruble has a number of factors supporting it's strength agaisnt the Dollar.
1.) Higher interest rates mean selling the currency pair gives you a positive overnight carry trade...
Here is a video update for the trade set up's I recently posted for EUR/USD and DXY index.
U.S Dollar weakness is strong across the FX market as low-interest rates in the U.S, a negative current account balance, alongside a big fiscal spending package from the Biden's administration from January, is the consensus view across the markets to cause a structural bear...
We take a closer look at the US Dollar Index and the makeup of currencies within the basket.
If you don't want to trade the Individual US Dollar currency pairs we can sell the Index as the Dollar continues to weaken across the currency pairs that make up the Index.
We look at entry price strategies below a key technical support level 92.00
I have SL at last sell order on USDJPY. But price going so slowly up that i still waiting for fast sell movement.
Lets try make sell order from 109.91 to 108.50 TP and SL=110.17 RRR - 5.3.
Write in comments your opinion about this position on USDJPY.
We have second down imulse. And wait for third impulse.
So open sell positions on USDCAD by SellLimit on 1.3164
Problem - today NFP. So you need to open positions with low risk and waiting for big slippage!
We have 3 TP goals
TP1 - 1.3116
TP2 - 1.3049
TP3 - 1.3004
Fundamentals:- We are taking a short term Fundamental view on the GBP/USD at the moment. The USD has gone from strength to strength for many months now; every so often it will produce a pull back and some profit taking. The short term data has been a little worse than expected and with the MPC changing its interest rate vote recently we could see a continuation of...