MarFx

MarFx

The prices are over the T1 and T2 uptrendlines so the trend is UP The prices are in a consolidation area So we need a clear picture to know what to do. Wait! Do not trade.

MarFx

The market is in a downtrend because: 1)The price of the USD/CAD is below the EMA(200) and EMA(100) 2) The market is in sell zone 3) The MACD have down momentum 4) The RSI is bellow 50 so in downtrend So I enter short looking to target the green price level.

MarFx

The Dollar Index is in a Bearish trend as: 1) I see a Bearish Divergence 2) The Dollar Index has broken the T1 and T2 uptrend lines 3) Have form a Bearish Engulfing candlestic pattern (signal to go short) 4) Have a MACD bearish momentum 5) The RSI indicator tell the market is in downtrend

MarFx

The EUR/USD prices are in consolidation area so we can trade the consolidation buying near support and selling near resistance.

MarFx

The EUR/USD has broken the T2 down trendline maybe changing from downtrend to uptrend market. The prices are in the consolidation yellow area so I am waiting to trade the breakout up to 1,215 Pips.