Overall because of Powell's sentiment change on raising interest rates, we are now short.
Long long term I am for at least a few months short on this pair. I see the final leg forming will hit the target as show before a pull back to re enter short.
I see some bullish pressure coming in on AUDUSD due to the recent bearish price action on DXY ( Dollar Index) as well
as Powells, now dovish, outlook on whether he still wants to raise the interest rates.
Higher lows are being made on USDJPY. DXY (dollar index) has been regaining strength after losing strength for several months now. I do believe temporarily DXY will reverse temporarily until certain key levels are broken to fully confirm the trend reversal. Key level(monthly support) 106.00 is holding strong and unless broken i do believe it will hold and we will...
The Dollar Index DXY is acting up at the current moment. It is at a critical level where it will bounce back into consolidation or continue the bearish momentum to the downside. AUDUSD is showing bullish price action at daily support. Overall AUDUSD is bullish unless we have a strong close and stay below the monthly level .7750. I am long from the entry...
False head and shoulders. Caught it from a mile away. Im in from the entries as shown on the chart. I am very long on this pair. DXY(USD) is melting. NZDUSD only way right now is to go long on this pair. I am extremely Long and heavily invested in this pair.
I believe we can hit the targets shown in time and break the previous high and go even higher. I had a...
Short on DXY. No faith in the USD. I personally think we are ready for the crash. Price action is indicating huge sells
on USD . Enjoy the fall :)
Target 1: 1:1.25
Target 2: 1:2
Target 3: 1:3.8
I was changing my tires at the shop when i entered this but I'm posting this idea as soon as i got to my computer. Long from the bottom spikes. USD is continuing to show weakness. I am long big time on EURUSD also due to continuous EURO strength.
Target 1: 1:6
Target 2: 1:8
I am currently long on NZDUSD. I've been long on this pair for a very long time, and now that we have broken monthly resistance(now turned to support) I don't think the bull run is over. I am hoping for a retest of previous resistance turned to support to hold on monthly level .7300. I believe that the USD DXY is going to continue to crash and we are going to...
I am long on Aussie. In my opinion we are EXTREMELY bullish on Aussie. Nice clean break above monthly
resistance now turned to support. Because of all of the bullish price action, we might not even see a decent pullback.
But if price meets the entry level shown on the chart I am going to add on to my position with my original entry amount.
I am in a small long...
I believe that we are temporarily bearish on EURGBP. We are not ready to fully decide whether or not to say that we are in a trend reversal, but
from what I see, it is a possibility. Price has been respecting the .8850 Montly Level/Resistance. If we break the strong level of .8750. We may be in
store to see a trend reversal. We've already broken the monthly and...
Just like Aussie, I am expecting NZDUSD to continue to the upside after these nice bullish closes
above monthly support .7300. I am going to make my first safe target a fib extension of 61.8% and the final
target at a weekly level I do believe we're going to hit. I believe both Aussie in the long term are going to be bullish for
a while now that we've broken...
I Am short on EURGBP. I feel at the monthly level .8800, we have broken to the upside because of the false breakout due to news. To me that was just noise and manipulation, and we have broken back under monthly resistance. I got in last night but I am posting my current analysis and prediction on this pair.
First Target: 1:2
Second Target: 1:5
i am short on this pair. I believe we are retesting the previous monthly support of the 1.3550 zone and we are ready to continue downside movement. USD has been showing weakness and i believe slowly but surely USDCAD
-Safe Trading and Best regards
I am very confident we are ready to continue to the upside on NZDUSD.
We have strong rejections on monthly support level .68500. Price has come back above
the weekly ascending trend line and it seems so that we are ready to continue to the upside.
Although I do believe we can reach weekly resistance .7075, my overall target here is target 2.
USD is also crashing....
Im looking at DXY, and i see that as i suspected before we are in for a bullish run still on USD.
With that being said i believe USDCAD is very very bullish and the next bullish rally we might even be able to break monthly resistance 1.3550. If we do we can go way higher but for now to be safe i am Long from the entry shown.
I am long on this pair because i do believe that the banks are manipulating price to make it seem as if we are ready to go short.
Because of the recent rate hike, I don't believe the dollar is weakening. Instead I believe the head and shoulder pattern is false and we can possibly have another impulse to the upside.
Multiple confluences as to why I'm going short on this pair.
Long term Ascending trend line aligns with the retracement projection as to where price can go.
Prices have also been rejected around supply level of .87500.
I do believe we can break the ascending trend line in the near future to go even lower. Will definitely be watching this pair for further price...