Dolar
A great opportunity to buy in Turkish Lira.Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 5.0000 would begin in Midterm.
We will close our open trades, if the Midterm level 5.0000 is broken.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 33.
Trading suggestion:
There is a possibility of temporary retracement to suggested Buy Zone (5.51550 to 5.19000). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (5.51550)
Ending of entry zone (5.19000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1 : @5.6870
TP2 : @5.9015
TP3 : @6.2090
TP4 : @6.4820
TP5 : @6.8320
TP6 : @7.0000
TP7 : @7.1200
TP8 : Free
USDTRY is bottom in downtrendUSDTRY is in a downtrend for approximately 1.5-2 months and now touched the bottom line. I expect a rise in dollar price till the top red line in short period.
BoC on Deck this month ... fading corrective rallies in USDCAD=> We still maintain our USDCAD short position from earlier in the week and recommend selling all corrective rallies here ahead of the BoC rate hike widely expected this month.
=> Although the rate hike is expected this trade is far from crowded and we see incoming data to keep the BoC on track with tightening monetary policy.
=> Odds of any hikes are close to 90% probability (in other words it is a done deal) which makes complete sense considering that the decreased political uncertainty allows the BoC to completely focus on better fundamentals when setting policy (a rarity in this world...)
=> We are expecting payrolls to reach 195k and average hourly earnings expected to come in at 2.9% YoY.
=> Markets are expecting a better outcome, especially considering the price action we've seen in US yields and the USD via ADP and ISM employment components.
=> Good luck all trading this live
SEK remains a very cheap G10 currency=> We are eyeballing a break of the current range to the downside here in EURSEK
=> Our targets are 10.00x with stops above the 76.4 fib at 10.600x
=> This is a very technical play in an environment where SEK valuations are attractive to say the least. We've done superbly well in our USDSEK shorts so far despite the broad based dollar strength and we see SEK benefiting from a more hawkish ECB in the coming sessions.
=> The Riksbank has breathing room on the monetary policy side after turning more hawkish in the past few weeks with even the most dovish members accepting that hikes are necessary.
=> Best of luck all trading this one live
XAU/USD daily overviewThe gold price appreciated 0.19 % since Friday’s trading session. On Monday, the yellow metal was located below the monthly pivot point at the 1,185.75mark.
In regards to the near-term future, most likely, the yellow metal will move downwards to the bottom boundary of the pattern due to the resistance of the 55-hour simple moving average. It seems that the rate will bounce off the pattern line to trade at the 1,182.00 level on Monday.
In addition, if the gold will pass the pattern line, most likely, the yellow metal will be stopped from the decrease by the monthly S1 at the 1,178.08 level.
USD/JPY daily overviewThe US Dollar appreciated 0.66% against the Japanese Yen since Friday’s session. On Monday, the US Dollar was located above the trend-line near the weekly R1 at the 113.98 mark.
In regards to the near future, the rate will surge to the weekly R1 at the 114.13 mark but should bounce off it due to its resistance. Most likely, the rate will move back to the pattern to trade at the 113.60 level during the day.
On the other hand, the might break the resistance of the weekly R1 at the 114.13 level to move upwards to the weekly R2 at the 114.56 mark.
GBP/USD daily overviewThe British pound depreciated 0.20% against the US Dollar since Friday’s session. On Monday morning, the rate was located above the monthly PP at the 1.3046 mark.
In the near-term future, most likely, the rate will surge upwards to the weekly PP at the 1.3083 mark but will bounce off it due to the resistance of the 55-hour simple moving average. It seems that the British pound will trade at the 1.3040 level during the session.
On the other side, the rate might break the weekly PP resistance and ignore the resistances of the simple moving averages to trade at 1.3100 level on Monday.
After RuSSia China Will Dump U.S. BondS. Big Crash Of Dollar..U.s. is trying to do financial war games but us is weak.
Russia dumped nearly all us bonds.
China is the biggest bond holder of the u.s.
When china start to dump us bonds. Us dollar will crash i guess.
Let the currency and debt crises begin...
Which direction?In my opinion we are building some momentum.
My expectation is move up to 9000$,
If not 5700$ is very strong resistance.
BITCOIN SET UP TO GROWTHFinal bottom is forming right now.
In the middle of June we will see start of the new bull run.
Next target in July is 10 000 $ , then i expecting another fall.
US DOLLAR INDEX SETTING UP FOR A SELLThe index went down 80 pips after a rejection at the 95.00 level which is looking like a strong resistance area.
With a downtrend and a rejection candle on the daily chart we're expecting it to target 93.50 and then 92.5 and 91.00 levels.
As long as the price is below 95.00 this is a sell.
If you have any questions, just leave a reply!
USDCHF - lets try short againUSDCHF price is high, so it is good time to look for short opportunity. Previously I unsuccessfully tried short at channel top, but market went up so I had to close my position. Right now I think it's great place to try short again, because chart is fighting with resistance zone.
My target is somewhere about short term uptrend line. I will set stop-loss few pips above local top.
A Long-term Trading Opportunity to Buy for RequestNetwork Technical analysis:
.REQUESTNETWORK/DOLLAR is in a Range Bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.152 to 0.076). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (0.152)
.Ending of entry zone (0.076)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.211
TP2= @ 0.298
TP3= @ 0.390
TP4= @ 0.553
TP5= @ 0.686
TP6= @ 1.006
TP7= @ 1.245
TP8= Free
What a president man. Trump Crashed Us Dollar. Make Great Again.This 5 wave decline maybe finishing.
But be cautious of trump. He can make this decline lower :D
Beware of dolar bear trump. :D
Watch for reversal.
gOOD luck.
Usd / Try Loading1 week relax mode between 4 - 4.10
2 - 16 April BIG JUMP
economic crisis announcement
Sideway Consolidation Why Why Not ? These days i see charts that goes upside with cup and handle.
This can be sideway consolidation. With coming next week a strong selloff and good news.
Yes this can be..
I am not sure about anything.
Two possibilitys can be.
Good Luck.
Jedi Returns Back. Diamond Death Star Reversal Diamond FormationWhen jedi comes trend will change via diamond bottom.
And Rally
Unleash The KRaKen.. BeasT iS WaKinG ? Get rEaDY fOR Euro CriSisFor me this is like that.
Europe broke banks and broke money don't interest me. Eurozone countrys don't have their money. They can't print and no army no new tech.
After 2008 crisis eurozone didnt make any thing. They are in the same position. Eurusd forex mania dont interest me.
Bye.
..
