DagemFxStudio

DagemFxStudio

4hrly structure is also bullish. looking for bullish pressure to continue

DagemFxStudio

Daily Structure= bullish. we were in the pullback phase of the market but with the CHoCH,. that confirms to us that the daily pullback is over and now we are pro-trend targeting the daily high of 107.300-500.

DagemFxStudio

weekly structure = bullish. we was in a pullback and the market came to the discount region. we've just had the weekly choch and we can confidently target the weekly high

DagemFxStudio

May be its time to buy the AUDUSD! The DXY is positioning itself quite nicely around the OB 106.432-106.711. this means that the AUDUSD could just shoot up. Afterall, this is a nice reaction from the 30 mins OB. However, the conditions for my entry would be; - an alignment with the DXY (the dxy has to come to the supply zone and get a reaction indicative of a...

DagemFxStudio

Well, we have an opportunity to buy EU right around this region. I am betting on the Dollar strength but for now, I'm gonna short it to buy it later.

DagemFxStudio

The market has aligned with my objectives and no i am looking for longs

DagemFxStudio

On the 4HTF, the market broke structure to the upside which signifies a change in the orderflow. I was bullish on the dollar, but right now, my bias has changed, and i am looking to long the EU. Also, we've built up so much liquidity to the upside, and i think the market might be ready for a correction. I haven't looked at the fundamentals, so this analysis is...

DagemFxStudio

Well, since there was a BoS on the 4hrs we just need to wait for the market to come to our demand region and look for buys.

DagemFxStudio

Is DXY Poised for a sell OFF? The market broke structure to the upside, on the 4hrs timeframe, I expect the market to trade to a supply zone at 104. I expect the the market to start pulling back once we come to the supply region. we just have to be ready to capitalize on the position.

03:25

DagemFxStudio

The EURUSD has exhibited an upward trend, likely influenced by a slight decline in the Dollar, possibly linked to the ongoing Jackson Hole Symposium, which holds significance for various markets awaiting insights from FED Chair Jerome Powell. When considering both fundamental and technical perspectives, our stance remains bullish on the dollar, unless there is a...

DagemFxStudio

The dollar has been strengthening looking at the fundamentals, and honestly, I expect that to continue. So, what I'm i watching out for this week? Jackson Hole Symposium, where Jerome might hint into the future. On the technical, Everything aligns up. I don't expect the 1.09184 to break. Just below it we have a nice supply zone, we can look to capitalize on that...

DagemFxStudio

DXY is positioning for a sell off from the 103s or from the 103.500, pushing price towards 98.00 levels.

DagemFxStudio

For the GBPUSD, I'm looking at this nice sell to buy set up. I'm looking at the demand zone at 1.2600s pushing price further up to 1.29350s

DagemFxStudio

For the EURUSD, I'm looking at this sell to buy set up to our 4hrs demand zone. Buy to1.10500s

DagemFxStudio

For the UJ, I'm looking for this short buy to our supply zone 1., if that doesnt work, then we look to out to our supply zone 2. After that, we look for a sell set up to at least 141.500s

10:18

DagemFxStudio

What do you think about these setups. Let me know, but in summary, UC= sell EU= Buy AU= Buy GU= Buy I am quite bearish on the Dollar, not unless the fundamentals change. But as I keep saying, we'll have to wait and see.

DagemFxStudio

Dear traders, The Fundamentals next week are coming in hot and crazy. but anyway, I believe we have a sell to buy opportunity on EURUSD. So i am closely monitoring levels 1.10026 but really the level that i am looking at is 1.09595 pushing the price up to 1.11500

DagemFxStudio Updated 

Hello Traders, The Chart is dirty i know, but bear with me. The week has been good for the Dollar. First, from a fundamental point of view, Flash Manufacturing PMI came out Positive. Consumer Confidence also came out quite positive for the dollar. On Wednesday, The Fed raised the interest rate also strengthening the dollar which has resulted in the uptrend we...