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Usdpairs

Twin Deficit forcing Psych levelsTwin deficit has resurfaced as a driving force towards DXY decline. At this point pairs are being controlled by psychological trend levels. Presented is the DXY day chart. We can see a clear drop for a retest of the 2018 low which in contrast brings pairs such as NZDUSD, EURUSD, GBPUSD, etc to levels breached in Jan 2018. A fundamentalist like myself begins to wonder if Twin Deficit sentiment is the ultimate driving factor for these psych occurrences taking place in 2018 and current. While COVID would be a logical main factor, ultimately any factor that would push double negative accounts. Attached is my previous DXY idea as well as my 2018 high retest idea of USD pairs I published over a month ago. Anyone patient enough to hold USD pairs have certainly played their cards well. Expect a retest of 88.225 to match 2018 with a higher breach probability for a new low. Please comment with any thoughts and Ideas. Thank you.
TVC:DXYShort
by Pika7993
Forex Divergence Watch: USD Pairs 20190419USDCAD: Resistance in 1D, Yellow, Range USDAUD: Conflict Signals Bullish Divergence (Blue) in 339m (5.6H), Support Bearish Divergence (Yellow) in 4D-5D Resistance USD Pairs being monitored: USDAUD , USDCAD , USDCHF , USDGBP , USDJPY , USDEUR Time Frame: 1H - 2D DISCLAIMER This is only a personal opinion and does NOT serve as investing advice NOR trading advice. Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
by go8686
USD/JPY AUg 2018 (A massive downside potential is spotted)This will be my views of USD/JPY (Aug 2018) Please make sure to read the "update" comment as there will be changes along the way. Cheers. S0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Short
by SonicDeejay
1
USD/CNH Short IdeaUSD/CNH is showing signs of exhaustion after a bull rally which started in April 2018. Appearance of wick rejection at current high. On the day chart we see an evening star pattern, and a large bearish engulfing candle. Using fib and impulsive movement of price anticipate retracement to at least 50% or 61.8% fib level, which are key levels of this pair. Dollar is also weakening which is playing into this analysis. Placement of stop loss above previous high. Low risk to reward. Trade at your own risk. This idea is for demonstration and study purposes only.
Short
by mrsceleste