Usdlong
USDMXN 1:4+ Risk Reward LongFundamental Quant scores:
USD: +8
MXN: -6
Recent economic data suggesting USD strength in the future, on the flip side MXN data has been negative.
USD (DXY) Uptrend Continuation?The recent trade negotiations could cause an upwards thrust in USD if all economies agree to a deal by the end of the month.
Additionally, the quant scores suggesting some longer term leading strength until otherwise.
USDTHB Downward Trend Continues The Thai baht over the past week started out the week sideways, but like the Singapore dollar ended the week up. This pair is a bit more impacted recently from political risk surrounding its election and because of this we may see more volatility not related to technical or fundamental components. Nonetheless, its important to keep in mind the overall trend remains downward sloping and a continued weakening of the US dollar. Moreover, price action remained in theshort-term trend line resistance range at the week's end reinforcing the notion that linear downward resistance is difficult to break. Additionally, the technical picture for USDTHB over the next week looks like it could revert back to the mean where RSI points towards overbought and the bull bear indicator suggests USDTHB long is overcrowded. Meanwhile, exponential moving averages also suggest continuation of our downward trend. In sum, USDTHB is still short.
For more of my analysis, please check out www.anthonylaurence.wordpress.com
USDJPY reversal situationI recommend BUY USDJPY at 110.42 because I see breakout sell channel at m5 timeframe.
StopLoss is small, but potential TP is very good. So you can use good volume to try catch good profit
SL 110.28
TP 111.49
RRR - 8.4 to 1 risk
USD Wave 3 of 3 of 3 Rise Begins - MASSIVE MOVE AHEAD!This is where USD breaks out and the start of a very large move continues to explode higher.
-I was early in my previous call due to some funky wave formations but this is it.
Wave 3 of 3 of 3 being the strongest wave should see the USD put everything else in the dirt.
NZDUSD / 1H / BEARISH IMPULSEExpecting further downside on NZDUSD. There's more to this setup but our strategy is for our private students.
>>>US DOLLAR BREAKOUT<<< - Wave 3 The Strongest Wave!If you have been following my previous charts you will know that I have been waiting for the Euro to decline in Wave 3 which inversely means USD will rally hard in wave 3, well it is time!
Euro will follow shortly and Gold has topped its minute wave 2, if you haven't seen my related idea please see below.
This breakout above the previous high is confirmation that we should expect to see a pretty big move erupt in the coming days, weeks and months.
I will be providing updates and wave counts along the way so please hit follow to get new charts as they come out.
NZDUSD / 30m / H&SWait for a break and close below the neckline to enter. Tomorrow we have USD GDP at 8:30am EST so be very careful. Considering locking in your profits if before the announcement if the trade becomes active or let it run for the potential of larger gains.
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GBPUSD / 4H / H&SWait for a break and close below the neckline to enter.
FREE Telegram Channel: t.me
USDCAD - SELL OR NOT TO SELL :)USDCAD this is a nice place to enter for a short.
stop loss should just be above my blue line.
FOR THOSE THAT have been keeping tabs with
my analysis, you should have made lots of profit on this pair. :)
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GBPUSD SHORT dropGBPUSD expecting that drop to around 0.5 of
the Fibonacci retracement.
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AUDUSD head and shoulderthis would be a good on to jump in for a long. should get to the tip of the blue arrow. i would normally just aim for 70% of the blue arrow.
please like and support :)
