https://www.tradingview.com/x/N1hRYHiq/
An hour into trading of the New Zealand Oceania & Asian session, the week opener, EURUSD is already showing weakness. I see a good short trade here across the Asian session and possibly running into European & New York session.
On the flip-side, there is also weakness in the USD, see my recent chart on USDX. However, I don't see this real weakness playing out in the USD until mid-week or perhaps Tuesday. USDX is under it's moving averages on the daily timeframe, last Thursday it retreated harshly following a bullish Heads 'n' Shoulders pattern on the 1HR chart.
Cheers,
Chris
An hour into trading of the New Zealand Oceania & Asian session, the week opener, EURUSD is already showing weakness. I see a good short trade here across the Asian session and possibly running into European & New York session.
On the flip-side, there is also weakness in the USD, see my recent chart on USDX. However, I don't see this real weakness playing out in the USD until mid-week or perhaps Tuesday. USDX is under it's moving averages on the daily timeframe, last Thursday it retreated harshly following a bullish Heads 'n' Shoulders pattern on the 1HR chart.
Cheers,
Chris
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.