I opened my long position trade at 4am central on the morning finals on May 9th at .96. Everyone was quit to short the trade however after looking at it in the weekly I used the 15 min to place my trade. If we look at the weekly I caught it right at the wick. A few weeks later it has treated me generously. However recently it has lowered down a bit in the past...
Throughout the past few years audcad has been bouncing between .96-1.03 and if you look at the weekly it seems as it might have hit a support point. Might be a good time to buy, might want to see more consolidation before doing so, however by then it may be too late.
NOT INVESTMENT ADVICE
Seems to have been doing well the last couple of days, however through speculative analysis, it looks as though there are key reversal signals telling us the USDCAD may reverse for the short term.
*Not investment advice
If we look through speculative analysis, we can view that over the course of a couple years that USDCHF bounces from around .946 to around 1.01. It iss at around .99 right now with just a little bit more room upstairs. However once it begins to consolidate right about the $1 mark, be prepared for a drop.
*Not Investment Advice.
Shorting AUDNZD on the daily due to failed attempts to break recent resistance, it will follow to continue it's longterm downward trend in the short term. My plan is to buy back my first lot in the however, 1.05 area and then the rest at the 1.04 area. Then I will long the pair till 1.12 due to its reverse dark cloud cover formation.
THIS IS NOT INVESTMENT ADVICE
DXY is struggling to build up new highs. This seems like the perfect opportunity to go long on EURUSD. Perfect selling signals developing. At least before the FED raises interest rates
THIS IS NOT INVESTMENT ADVICE
Pulling through is the EURUSD, late bullish flag trend consilidating currently. This will be the killing move against the USD.
This is not INVESTMENT ADVICE
Possibly the last USDJPY short this year, Interest rates are planned to being hiked up at least 3 times gradually this year. If you look at my DXY chart it looks like theres a major support coming in, in the next few weeks. As of right now USDJPY is short for the near term, Support comes along 104.5-102, looking for obvious support signals before I plan for the...
Go ahead and look at my weekly DXY trends, given the situation, USD is not yet ready to make a comeback just yet. There may just be a few more weeks before that happens. I'd have to see obvious patterns to consider a reversal of this magnitude. As of right now, there is key support for the EURUSD. The news this week should manify this a little more. As we get...
Possible Short due to the fact with highs of the last 4 years retracing after this point. Given Euro has been bullish for the last couple years, and with big talk of EURUSD reversing, this gives me a reason to short EURCAD following the big news in the next couple of days. There's daily sell signals at this point. It looks like everything is starting to hit it's...
Possibly the last big breakout EURUSD will have. DXY is going to go down again before it reaches key support. Once the USD hits this support, as you can see on my DXY Charts, the Dollar will come back with a huge bounce. EURUSD will hit at least 1.25-.255 before it decides to retrace again, after this my game plan is to sell short on the EUR. However I will have...
Very basic chart, underlying key reversal points. Currently going long and awaiting stronger signals before I short EURUSD. Please critique it as much as possible.
