Aa6h

Aa6h

Rejection off support Long till 1.35, if break above long till 1.37 Weakening Oil prices DXY bounced off support Strengthening dollar for now

Aa6h

Perfect H&S formation on the 4 hour, testing neckline now good place to add shorts Entry point - 1.15580 TP 1 - 1.144 TP 2 - 1.3 SL - 1.162

Aa6h

Bearish crab pattern identified Doji formed on 4 hour Rejected supply zone of 1.82 Entry zone - 1.818 TP 1 - 1.80 TP 2 - 1.75 SL - 1.825

Aa6h

USDCAD broke support and 0.5 fib retracement level, expecting further drops for now Entry level - 1.314 SL - moved to breakeven TP - 1.305

Aa6h

Japanese pairs seem to be quite bullish now, UJ failed to rise last week despite strong breakout on DXY I'm anticipating a huge drop in the long term to around 104 especially with the SHS formation Entry level - 110.3 TP1 - 108 TP2 - 104 SL - 110.7

Aa6h

Broken key support level of 0.73, news of extra tariffs on China, could see a retest of 0.73 wait for a pullback to there before adding short positions. DXY rising too, could see lows of 0.69 soon Entry level - 0.73 TP1 - 0.71 TP2 - 0.69 SL - 0.735

Aa6h

We closed below 1.285 which was a strong support area, slight bit of buying pressure on the 1 hour chart just before market close so I expect a slight pullback next week with buyers attempting to raise price to 1.285 again which would be a good area to add some short positions, with market sentiment as bearish considering no deal brexit becoming a reality and DXY...