the price retreat from Fibo level 61.8% 101.48 on 4H. couldn't stay up Fibo level 61.8% 101.59 on Monthly chart. with the break of level 100.65 we will have Head & Shoulders pattern.
I've been expecting the dollar to turn and come back down. I think it's finally coming looking at the overall picture metals, oil, and bonds. Also, The NZDUSD has negative divergence on the daily and is holding the big level of 0.70. The USDCAD also closed as a bearish engulfing pattern today, which suggest NZD/AUD strength. I'm expecting a move to 0.748 and then...
Hello Traders, Here is a great long opportunity in GBPUSD with little downside risk. Dark Red = Very High Probability Target Light Red = Medium Probability Target Best, Chartistry
Impressive rejection from 1.00 which has been a key zone and some room to the downside on the daily. Needs to clear 200 MA and 99.00, targets around red lines. Could fake and push back up for another crack at 1.00 , the trend is bullish
We can see how DXY managed to break free out of this major time/price band - even a lower timeframe setback may just be a retracement.
Only confirmation for this position is because every time a republican has been inaugurated into the US presidency, the USD has dropped significantly. On top of that, lets face it people.. This is Donald Trump we're dealing with, lol. But hey! Let's see what happens.. Red = Republican (Ronald Reagan/George Bush SR./George W. Bush) Blue = Democrat (Bill...
Well well. It seems democrats bring a strong dollar, while republicans don't. This are very interesting times!
Currently, we're holding the uptrend line from 3/15. Also, expecting dollar weakness to continue after the election rally. Long targeting 1.082 as the first target.
USDOLLAR is about to breakout of the Head and Shoulders pattern. Cheers!
very trader noticed the extremely bullish week the US Dollar 0.26% had. UJPY, UCHF and many others went up and AU -0.26% and those ones went down very strongly. The question we must ask, is will this newfound dollar strength hold? And if it does, then for how long? I think the answer to that question is that it is likely to go up to the 105.00 area, perhaps...
Every trader noticed the extremely bullish week the US Dollar had. UJPY, UCHF and many others went up and AU and those ones went down very strongly. The question we must ask, is will this newfound dollar strength hold? And if it does, then for how long? I think the answer to that question is that it is likely to go up to the 105.00 area, perhaps slightly less...
UJ is gaining an enormous strength and will continue this way if Market condition remain as is....
From my last post, i explained my idea about the DXY, and i think USDOLLAR will go higher very soon. Also, FED will add the rate on December. Gold might bounce back a little bit, then we will go to the new low. I will short the pull back and look Gold to 1200.
1) In his first presidential debate with Clinton on September 26th, Trump said “Believe me, we are in a bubble right now, and the only thing that looks good is the stock market, but if you raise interest rates even a little bit, that’s going to come crashing down. We are in a big, fat, ugly bubble.” 2) If Donald Trump really aims to bring manufacturing (and JOBS)...
Pure speculation guys...Let's see how accurate it will turn out... :o
U.S. Presidential Elections 2016. Follow the close price. If it close in blue area - Hillary If it close in red area - Trump
USDNOK has now tested trendline established since early 2016, where the last touch point was due Brexit. The recent move upward has been on declining volume and created a negative divergence which supports a possible failure of breaking resistance @ 8,50. In that matter, this pair should offer a nice risk/reward for a short play. Trade-idea: Short entry between...