This is the weekly analysis of the Major Indexes. From this analysis, we can form a high probability pairing of the currency pairs we should be trading.
The Euros are generally going up where as the pounds are going sideways... if the pound was to weaken or stay where it is and the euros continue its strength... I will also look at DXY (Dollar Index and Euro Index EXY the Euro Pound EUR/GBP could explode... however in the short term... we could see a WAVE5 Up tomorrow. Time Frame to Trade: H1 or m30
A quick look at the index to see where prices are trading in terms of our analysis on sunday. NOTE:Truths -Traders will do the same thing over and over again. -In trading, no one to blame and no one to question what price did. -Price can break any low/High because anything can happen. If you fully allign your thinking in line with the truth about the market then...
TREND: UPTREND PHASE: PRIMARY TREND TRADE: BUY AFTER CORRECTION NOTE:Truths -Traders will do the same thing over and over again. -In trading, no one to blame and no one to question what price did. -Price can break any low/High because anything can happen. If you fully allign your thinking in line with the truth about the market then you will win.
Eurusd analysis video with : 1. Support & resistance 2. Trendline 3. Currency index Exy/Dxy