The weekly price chart below shows the U.S. Dollar Index printed a large bullish candlestick last week, after previously rejecting the support level at 12257, which closed relatively close to the high of its range. The price ended the week at its highest weekly close seen in 18 months. These are all strongly bullish signs for the greenback. The dollar was boosted...
Gold Intraday trade Buy at 1776 stop loss 1770 Target 1785 and 1789. Long term tread Short sell 1790 stop loss 1806 target 1750, 1722 and 1694.
Hi everyone, We have a nice short position with tp 93 It may have an impact on btc and gold too.
USD INDEX TO $95 ? Type : Long Price : 90.40 - 90.50 SL : 90.35 TP : $94 - $95
9 minutes ago AUDUSD FORECAST IS MOVING VERY NICELY FOR THE WEEK AHEAD. We are starting to make Lower lows followed by lower highs, We could look for a nice short to make a new low on the lower time frames. I will be watching this very closely Monday and Tuesday London open. It Price breaks previous high, I will adjust my Bias to see what fits. We do have an...
What's your thought of BTCUSD? I think the uptrend will continue for a while. it's just taking a breath to get ready and go up with even more power.
Hello my fellow traders, hope you'll make some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair started going up after hitting the support line and after hitting the resistance line of the rising wedge it came down and hit the trend-line and support line after which...
There has some short term bullish action in the metals and gold miners even as the US dollar has continued to rally which to me is longer term quite bullish. It suggests to me when the dollar finally makes a correction or changes course we could possibly get a great rally in metals. The DXY has passed the .618 level which suggests to me it will likely continue up...
Obviously it is still in a bullish move. But when will it likely turn town again? We are now at a .62 correction of the drop from A to B (on the monthly chart. Also are at the top of the potential channel I've drawn on the weekly chart. We have a negative reversal followed by a bearish divergence on the monthly RSI and a bearish divergence on the weekly so it is...