If you noticed, USDJPY is pretty similar to USD chart.currently it is at a key level and supported too by the uptrend line.
still weak though the pair.
need more info to decide be long or short bias
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Looking at how usd moved..it has not yet been able to break higher than last R as mentioned. Quite weak. Yet didnt break lower from its key level on Daily chart .
Will share more on my take on the USD majors on my weekly analysis video,do check it out!
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Uchf should see more upside to come
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As mentioned last week, expecting to short rallies,price sideway for some time before breaking lower from 1.095 key level.
More downside to come for AUDNZD,continues to weaken.
Looking to short.
Watching this pair to find opportunities to go long,go go!
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I guess that due to the respect of the price to the upper line of the triangle that I drew a few days ago, we will have a cash collection from the top and then from the bottom, after which the main movement will begin.
In the first case: I believe that the first price will hunt the upper line
In the second case: I think the price will go...
USD after a extended down move has stalled a while for whole of next week...continue monitor for clearer higher timeframe direction
I'm slightly bullish.
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Will need more confirmation. from the looks of it strong rejection on friday..price went back to 1.095 zone which is the breakup zone.
Will be more bias to look to short rallies
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Will be more bias to look to short rallies
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Will be more bias to look to short rallies
1.76 a level to watch...
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Will be tracking the pair to either go on long or short..
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Usd likely to be eventually heading for 105.30-40 zone
Might expect some pullbacks and rally for short
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We could be seeing pullback if any for us to go on short!
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Days of down candles, have you lost count on it already?
Well, there arent sign to turn yet but keep in mind of the spring mechanism. When it is pushed too hard in one direction, it will rebound..could be seeing some retracement this coming week!
Relooking at my USD chart..i noticed this h4 common lows that has yet to breach..so just to highlight that it could potentially be a turning point too..if it breaches...ok..likely see more downside to 110
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Last week Eurcad was not able to hold on to its uptrend on the h4...so it broke the trendline...went lower as well.
Possible turning could be here!
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On the daily timeframe ,i am suspecting a consolidation to be happening..could be testing 110 area again. So in near term,could see some correction downwards
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Should be looking at shorting this pair
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