again the dollar breaking down after trying a bounce, we can see a nice push here for a potential breakout in price.
DXY ( US DOLLAR ) is gaining bullish momentum, could be a good entry for shorts and have a runner incase support is broken on the way down
Dollar showing a bounce after being sold off today, im looking at this pair for a potential bounce. would be ideal to take this trade if we start breaking the high of the previous 30 min though, still possible to catch a bounce here
Breaking below a trend, i see a Potential fall building up for this pair? As the dollar breaks down today this pair may slide down to the 106 bottom again and we could look for a break in support for further downside. of course i am wrong alot so just close your trade is it does start coming back up into structure. But based on the DXY breaking down, this move...
another spot we could get a potential bounce if the DXY keeps this bearish momentum up, i think it may get you stopped out if u use my stop but still a spot worth watching
RBA news today so be aware it will move this pair Untill then im seeing a breakdown on the US dollar so we could look to buy here for a move up if the DXY keeps falling today
another potential spot to long , could be testing the yesterday high
looks like DXY could rally again, the dollar seems to be bouncing for the 2nd day in a row with a pretty strong close, i would look to target 106.200
another entry i in GBP/JPY which could be leading to a breakout to the upper channel 138.900 if we can sustain momentum to the upside, Tight stop loss of course, but worth a shot, i Have been wrong alot and i still am learning so im sorry if these are not good targets, its just what i feel is reasonable
so i was wrong about the USD being bearish this month, we adjust to the market , and we look to target this zone on the USD/JPY [ ppair, we could have a runner just incase it does break out but i would be careful as there is strong resistance above.
Potential bounce in this channel , Small bounce in the US dollar near the end of fridays session made this pair pull back a little, and Thats fine because what do we do in a bullish market ? we buy the dips, and this could be a nice long entry on monday. We can see EUR had one of its best months in a long time, and it mostly came from the EU fiscal stimulus deal,...
This week we have some Important Aussie data , we have the RBA Statement and Cash rate, It is important to keep in mind. This is just my personal opinion and is NOT trading advice. The AUD / USD pair sold off abit near the close of the New york session, And it has closed in a very strong support area with a bullish formation giving us a potential entry on...