DXY, U.S. Dollar This week we'll be looking to take advantage of a well defined and proven support zone for the U.S. dollar between 95 and 95.2. Weekly upside target is 97.71, which was the high for 2018 for DXY.
could be a very good long opportunity or good short :)
a perfect picture of the franc currency positively affects all CHF pair trades
Looking at the AXY there appears to be further decline due to key global and economic issues surrounding the USA, china and UK markets. Here we take a further look at shorting the AUDCHF pair and our reasons why. Australian weighted average 4Hr The Australian weighted average looks to have hit a key resistance level. Were looking for a bunce to the...
In this set up we see the following: Divergence Stop Hunt Break Of Structure + Retest Looks like a Great Opportunity to Short The Swiss Fran Pairs. ALL Glory Be To The MOST HIGH!!!!
Setup. CHF weakness is certain. Nice short opportunity.
SXY - Looking to go long next week if I get the right trade entry signal :)
Using Elliot Wave Theory, I believe we are getting ready for the last correction phase. For more, please follow us @UnifiedTradingInstitute #forex #daytrader #EWTheory
The previous FIBO level already gave a big bounce, therefore we'll be looking to resume buy in all CHF pairs, target is on chart...
Got stopped out of my first initial position by the stop hunt. Trade with care.
What to expect from the Swiss Franc Index? The big picture.
We expect to see CHF continue its pattern. CHF should see significant and reliable strength starting late this week. CHF/XXX = / bullish XXX/CHF =\ bearish *Generally, (XXX) matters just as much! Also as we see AUD, USD, CAD, potentially GBP weakness CHF and these pairs would make good potential trades. Next few weeks: Bullish: CHF, JXY (JPY)(LongTerm),...
USDCAD which have been called in my previous ideas is now running on 150 pips profits. The bulls are loosing momentum so I can see a little retracement retesting the last bearish trendline which is also in my 38.2 Fibonacci level, to keep going up later on.