Get started

US-DOLLAR

US OIL (WTI) - 1W - Bolling Band SupportIf you like this idea leave a like and follow me to get all of my updates :) I would love to talk to you so send me a message or comment! Underlying: USOIL (WTI) Time frame: 1W Last week I posted about oil continuing on its up trend. Although last week was a declining week I am still looking at it to increase in price over the long term. Why? The Bolling Bands Centre Line is acting like it does when it becomes support. You see a break of the centre line which has already happened, you then see a "re-test" as the line makes a "level off" print. And then from there we will see a further increase. I have also shown on the MACD how I believe it will act, now that oil it starting to pass through the centre line and historic averages, most of the time is does not tend to change direction during the cross over. Again, this week you might see a further sell off but it will be to the bollinger band centre line at 47.75.
TVC:USOIL
by SocialTrading
US DOLLAR (DXY) - 1D - Target Hit, but the trade is not overIf you like this idea leave a like and follow me to get all of my updates :) I would love to talk to you so send me a message or comment! Underlying: DXY Time frame: 1D I posted the chart orginally on 03/10/2017. A few days later it went straight into our profit target zone and then declined. I am now looking for a push back into that pink trading zone, why? Moving my attention to the MACD on the chart I can see that the two EMA's have now moved above the centre line.. however they are not close enough to start crossing over. What I feel will happen is a few days of trading "side-ways" and then another push up which is why I am still long the US Dollar. This was keeping in line with my original trade as it has sold off 10% from its highs. ORIGINAL CHART
TVC:DXYLong
by SocialTrading
EURUSD pair and DXY convergence To add to the growing list of evidence against the strength of the EURUSD pair, a quick look at it's daily chart shows a convergence between the US dollar index and the pair. The 4-hour chart shows a crossover between the two on 9/26 and the two are now diverging, signaling weakness in the lower level trends. The weekly chart shows similar weakness in the mid level trends. However, keep a close eye on the 1.14 levels. This was where a breakout occurred on the weekly renko chart. We could see a turnaround. Due to the volume spikes on the down days, it leads me to believe this was a period of distribution and the breakout around 7/10 was false and a move past 1.14 is likely. Economic indicators that I discussed in a previous post support a move lower as well. But, again, we will need to watch what the price does around the 1.14 level. Know one knows for sure; that's for sure. Here's the renko weekly chart I used to get the s/r level. Happy Trading!!
Short
by Brandon50115
USD/CHF long term long outlookRecently the US Dollar reached historical low levels against the Swiss Franc. However, after flirting with the low level below the 0.9450 mark the currency exchange rate has rebounded. The historical low levels where consistent with the massive scale descending channel pattern's lower trend line, which is a clear signal for a long term surge. The rebound is occurring in a recently mapped ascending channel pattern, which is a medium scale representation of a larger move. The larger move is a descending pattern, which is almost parallel to the most dominant pattern. Meanwhile, its trend lines are consistent with the Fibonacci retracement levels of the recent year low and high levels. In regards to the short term, the pair is most likely going to decline to the 23.60% Fibo at the 0.9650 mark and afterwards once more approach the 0.9715 mark, where the weekly R1 is located at.
Long
by UnknownUnicorn890690
3
USD/RUB meets long term supportAt first glance the situation on the USD/RUB charts looks chaotic. However, if one delves deeper into understanding the currency exchange rate, it is clear what is occurring. First of all the pair has made a rebound against the most dominant ascending channel patterns lower trend line, which is combined with the 23.60% Fibonacci retracement at the 56.95 mark. As a result of the rebound the previously active medium term pattern was broken. Moreover, two new patterns have been mapped. The short term, already obsolete channel up pattern has already been broken. Meanwhile, the new medium term channel up is only speculated.
Long
by UnknownUnicorn890690
2
USDCHF profit target reached perfectly, prepare to sellSell below 0.9756. Stop loss at 0.9785. Take profit at 0.9679. Reason for the trading strategy (technically): Price has shot up perfectly and reached our profit target yesterday. We prepare to sell below major resistance at 0.9756 (Fibonacci extension, horizontal swing high resistance) for a push down to at least 0.9679 support, Fibonacci extension, Fibonacci retracement, horizontal swing low support). RSI (34) sees a long term descending resistance line signalling that we’re starting to see bearish momentum.
Short
by MEX_Exchange
EURUSD approaching major resistance, prepare to sellSell below 1.1841. Stop loss at 1.1890. Take profit at 1.1728. Reason for the trading strategy (technically): Price is approaching major resistance at 1.1841 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and we expect to see a strong reaction off this level to push price down to at least 1.1728 support (Fibonacci extension, horizontal swing low support, Elliott wave theory). Stochastic (34,3,1) is seeing major resistance from the 100% level and we’re starting to see a nice reversal take place.
Short
by MEX_Exchange
USDEUR Short current 0.8477 2Oct17A pullback on the US Dollar has given as an opportunity to short. Risk Reward 2.87:1 Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE 2. I am not here to give you financial advice and if you take a trade it is YOUR FULL RESPONSIBILITY, not mine. 3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service. 4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit. 5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis. 6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to. 7. If I provide and give up MY VALUABLE TIME providing analysis to you please respect that I am providing it FREE of charge. Appreciate it and don't take it for granted. 8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply. 9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned. 10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience. 11. I have no issue with you expressing your opinion or disagreeing with my views but please DON'T DISRESPECT me or other traders or write personal comments, this is offensive. 12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.
Short
by UnknownUnicorn1063189
USDEUR Resistance Becomes Support current 0.8461 29Sept17NOTE this is a Monthly Chart Daily USD rally temporary. USD set to return to old tops before finding Support Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis then it's very simple, FOLLOW SOMEONE ELSE 2. I am not here to give you financial advice and if you take a trade it is your full responsibility, not mine. 3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service. 4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit. 5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis. 6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to. 7. If I provide and give up my valuable time providing analysis to you please respect that I am providing it free of charge. Appreciate it and don't take it for granted. 8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply. 9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned. 10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience. 11. I have no issue with you expressing your opinion or disagreeing with my views but please don't disrespect me or write personal comments, this is offensive. 12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.
Short
by UnknownUnicorn1063189
2
USDJPY reversing perfectly as expected, remain bearishSell below 112.65. Stop loss at 113.45. Take profit at 110.90. Reason for the trading strategy (technically): Price has started to reverse perfectly from our selling area as expected. We remain bearish looking to sell below 112.65 resistance (Fibonacci retracement, horizontal overlap resistance, bearish divergence) for a further drop towards 110.90 support (Fibonacci retracement, horizontal overlap support). RSI (55) sees bearish divergence signalling that a strong reversal is impending. However we see intermediate support at 50% so only a break of this level would confirm a further downside move.
Short
by MEX_Exchange
NZDUSD profit target reached nicely, prepare to sell Sell below 0.7247. Stop loss at 0.7300. Take profit at 0.7178. Reason for the trading strategy (technically): Price has bounced up nicely from our buying area and reached our profit target. We prepare to sell below major resistance at 0.7247 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) for a push down to at least 0.7178 support (Fibonacci extension, horizontal swing low support) once again. Stochastic (21,3,1) is seeing strong resistance at 95% where we expect a drop from.
Short
by MEX_Exchange
1