blaseit28

blaseit28

As shown in the above chart, USD/JPY fell in a nice swift 83 pip move on Friday due to the Consumer Sentiment report that was released...or so they say. USD/JPY took out its previous weekly high and fell back below the support level of 110.00. I'm looking for possible short entries on the retrace back up near 109.885 to around 110.000 and stops being near 110.100...

blaseit28

King DXY is back, for now.....With the fed mentioning interest rate hikes near 2023 the dollar has become quite the gainer. USD/CHF failed to fall below the .786 extension for four weeks forming a strong support level. Thursday and Friday the dollar failed to retrace meaning a pullback is imminent. I'm expecting a pullback near .91150 or the .5 extension with...

blaseit28 Updated 

NFP day retracement, as we can see AUD/CAD broke through resistance very strongly at .93250-.93350. I'm expecting AUD/CAD to retrace back down into .93450-.93375 for best opportunity longs back up to previous weekly high of .94000. Setting buy limit orders at .93375 with a stop loss under previous resistance turned support at .93175. Possible 70 pip target longs.

blaseit28

As we can see AUD/USD fell through a daily trend line with the powerful 70 pip drop on Friday. With the pair falling through support, more than likely means a retracement upwards before another move down and this is what we see here. AUD has risen to areas of potential shorts at .7728-.7735. Looking for a push up to the tiny grey box for prime short entries. Prime...