Trade update for a short sell recommendation on the DXY (U.S Dollar Index) The Dollar is structurally weaker across the markets based on the following fundamentals. 1.) Lower interest rates in the U.S no longer makes the U.S Dollar an attractive high yielding currency. 2.) Negative $1trillion current account balance. 3.) $2 Trillion Fiscal stimulus package in...
We look at the USD/CAD short sell set up I posted a few weeks ago. There are three key fundamentals driving the dollar lower at this time. 1.) Negative Interest Rate Differential 2.) Negative Current Account Balance 3.) Broad U.S Dollar Selling Across The Markets 2.) Higher Oil Prices (Positive for CAD) We look at technical analysis entry strategies and ATR 1...
We take a look at why the U.S Dollar is structurally on a bear trend against the High Yielding Emerging Market currencies. Two factors are going against the U.S Dollar. 1.) Low-interest rate differentials 2.) Negative Current Account Balance + Increased Fiscal spending increasing this problem for USD. These four setups are popular trades across investment...
We have the USD/JPY exchange rate is a clearly defined short sell channel. The fundamentals driving a weaker dollar is the rest of the world recovering from the Pandemic in 2020 on the vaccine news, which means the U.S will no longer outgrow the rest of world economies as it did between 2018 - 2020. We look at sell set ups with entry price, stop-loss price and...
We continue to see the U.S Dollar weaken against the Mexican peso. The interest rate differential makes the Mexican peso an attractive buy and we look at this in more detail. We use one-month ATR to set our stop loss and take profit targets.
USDCHF showing great potential for a 60 PIP drop. Currently we are sitting at a strong zone of resistance on the 4hr that recently was rejected. We can clearly see beforehand a bearish trend was predominant in the market and we recently saw a break of this trend to the upside. Taking this into consideration i believe we will get a pull back from this break which...
SILVER is in a liquidity collection point. Ideally, it will pull back to the yellow or green previous resistance points for support, gather there, and continue the bullish push. This pullback symbol arises from the MACD lines crossing. However, if it breaks the red, the signal is bull. USD is under a massive sellout, and SILVER is a prime commodity.
A new prediction about USD index!
We're witnessing a painfull moment in America, because of the tragedic incident of George Floyd. What could happen to the USD dollar ? Could it stand firm or lose it. When I was drawing all the trendlines , fibonacci, seeing an insdie bar, left right shoulder inverse, indescison candlestick, bullish shaved bar to reach my target around 135.000, but all those...
- Admittedly, I made a premature entry earlier this week as I expected price to hold below the 1.4151 level - Current fakeout where price crossed above this level very briefly and then crossed below it is a good signal that we can expect further downside ahead - Before making a short entry play, we'll need to eye the 1.4118 level as we could potentially see this...
I expect the completion of correction in wave C-Minute and the beginning of price growth in the framework of wave 1-Minute. Locally high probability of testing the lows. Friends, support this idea with your Like and any Comment. Thanks.
I expect the start of an increase in the price of ETCUSD in the wave (v) of 1. Friends, support this idea with your Like and any Comment. Thanks.
This morning i sold USDCAD as it had recently bounced off my key resistance level @ 1.3333. I've got two seperate positions open on this trade with two different take profits, one being a quick 30 pips just around my previous support but if it breaks through, and the other being 250 pips which may take 2-3 days or even into the next week. Once we've broken through...
We expect an accumulation, as we said in previous analysis, the value gone to our supply zone to retest it, also the first momentum was done with the marubozú in 1h and the pin bar in 4 hours, we expect now a accumulation in the monthly KL as we said before to go down.
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can buy from 1.3024-1.3012 Stop-loss at 1.299 You will find more trading ideas in SAV Finance community.
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can buy GBPUSD from 1.315-1.310 Stop-loss at 1.3085 You will find more trading ideas in SAV Finance community.
The current dollar value (the highest value since the spring, 2017) cannot be called abnormal otherwise. We will try to explain why this is so and show why the scale of illogicality has reached a critical point, and the dollar is simply doomed to decline. To begin with, the Fed has already lowered interest rates twice in 2019. For the national currency, this is...
FX:USDCAD My opinion on this pair is that we reached the perfect level to start shorting again, even if i guess many will be tricked by this last big green candle. I will wait for confirmation on this fantastic Fibonacci Level, price retested an old trendline and i expect the price to fall, but i want price action to speak first. Just my vision.