DXY W TF parallel channel. Not a good idea to purchase USD. August candle will be black.
USDX - there is strong resistance at 98.4-.6 Almost no momentum left for USDX to rally further
Sell angle mirror pattern USDJPY - 111.63 SL - 111.84 TP - 110.84 RRR - 1:3.8 Additionaly reason to open sell USDJPY - Gold is going higher (attached idea)
Open sell position on USDJPY 111.91 SL - 112.17 TP - 111.10 RRR - 1:3
Hi traders, The USDNOK reversed from a resistance zone and breakout below the ascending trend line and support level. . Price seems to be building a bullish retracement which is probably part of a wave 4 of a larger wave A. . Price has the potential to make a bearish bounce at our confluence level as planned on the chart which could indicate the continuation of...
Minute degree ABC (red) sequence with a Running Flat in Minuette (iii) (black). Expecting a bearish impulse and an extension, a USD sell-off.
Shorting USDJPY . First T/P 111.910 - cover your profit.
hi again our new week start again let see what happen soon
hi again dear followers check this out everythings is clear just wait for result
I am placing a buy here with the bulls on USDCAD because here after careful review, trend analysis and pattern recognition on the 1hr time frame for entry I have identified an SHORTING opportunity for the USDCAD pair with confluences to match. Take a look at my analysis I would love your feedback. My trades a specifically for intra day trading I am completely out...
CURRENCY PAIR: USDJPY; Time Frame: 1D - 4H; SHORT OPPORTUNITY : 1.Lower low formed. 2.Trendline broken. Looking new moves. R/R Ratio : 3.0%
Fundamentals:- There was good data from Australia today even though the RBA (Royal Bank of Australia) did not raise interest rates the rhetoric was positive about wage growth and inflation. Retail sales rose to 0.5% above the expected 0.3% giving a boost to AUD. Technicals:- After some morning long positions traders have taken profits allowing the price to fall...
We are looking to short the USDJPY trading out of the monetary policy report tomorrow morning. The market is starting to believe that the BoJ will add further stimulus but I don't think that is the case o at this meeting. Safe haven flows are still a big factor in the direction of this currency pair with the JPY being a sort after currency in times of risk off...