1) Price moving in channel, 2) after recent usd strength we might expect some profit taking
EURAUD is still in bull trend. if you look at 1. recent AUD weakness (few weeks) 2. Potential double top 3. Stoch oversold moving down Sell around 1.6050
We had nice up move driven by strong usd. Last week we started with gap that was not closed. Close a gap is definitely an option.
Recent week we saw USD strength and all crosses were pushed lower (eurusd, gbpusd). We might have two scenarios here - continuation next week, or pullback. Either way, I am looking for GU pullback up to short.
DXY hit resistance. imho buy the dip scenario in play. #forex #dxy
pullback to 1.2160 than look for shorts. We might see 1.2000
GBPAUD shorts in play. Shorting & targeting 1.81 area
View on EURUSD bear did not changed. I expect we go much lower. 1) Broken TL, 2) Weekend gap... I want to see close below 1.2160
EURUSD looking nice for further drop. Weekly close below is what I am looking for. than 1.2220, 1.2160 #forex #trade #eurusd
GBPAUD going for 1.76. It been a few weeks already but price finally break lower.
CAD Data was catalyst for today. CAD dropped pushing all crosses higher. Let see if we can retest blue lines.
NZDUSD short to 0.7320 area. 1) I like to counter trade 2) NZD Strongest currency across the market 3) false break? what I dont like is swaps on NU shorts!
EURNZD to 1.63 driven by strongest NZD across the market & weakening EUR. #eurnzd #eur #nzdusd
AUDUSD on crossroad. 1) third higher low 2) momentum / hugh green daily. 3) USD is getting sold in April in avg If we break TL up would open path to 0.80 Pick your direction. #audusd #aud #forex #tradeideas