At this level we saw a pin bar on daily...
lets see how much it can pullback upwards.
Generally uj is on the down on daily and h4 timeframe.
Bias generally down
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This would have similar bias for nasdaq as well.
Looking at the us major index to be up on the near to mid term..downtrend has changed and market should be getting ready to pounce higher!
Looking to push for more upside for nasdaq as well...same as snp but NAS looks stronger
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In general i feel USD would be heading down as daily is bearish and on h4 just need to wait for turn.
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It is down on the daily and h4 timeframe..just look for setup to go short.
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AN will be generally down trend on daily.
h4 bouncing in range, either we will see a breakdown from 1.07 or returning back to range.see what fits your strategy and trade accordingly...
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Keep a look out on h1 etc for turn to go on long etc...pullback for long
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pullback on this pair on h1 etc should be to short since higher timeframe it is weak
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Gu and the likes of AU and NU looks weak to me. So, if USD came out stronger next week I will prefer looking to short them than EU.
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waiting for opportunity to short this...it might continue correcting more after this consolidation or break down further..
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Either waiting for the double top to break down OR if this level which is a key area on higher timeframe holds, then likely looking for long as higher timeframe is still on the upside.
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105.30 area should be a are to watch
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More of a bias to short this pair...
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As per mentioned last week usd looks bullish and it broke higher..should be seeing more upside!
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