Get started

Usdx

EUR/USD at decisive zone!Hello Traders, today we want to share with you the FX:EURUSD as it currently flirts with our decisive zone. As we taking a look at the previous movements towards our reaction point, which is characterized by a clear momentum driven upwards sequence, we now need to be cautious about current continuation. If we take a look at our inter-market indications, it shows that we are currently heading towards lower outflow levels. This however indicates interestingly a divergence with current movement as market continued to rise and our outflow basically (besides minor corrections) moved straight upwards after the FED rate decision and Netherlands elections. We currently take the ratio of FX:EURUSD vs. INDEX:DAX , TVC:GOLD and TVC:EUBUND . We always mention the important of inter market analysis to time our trades and the movement around reaction points better. As it seems that investors may take their profits at current reaction point which could lead to lower prices. If we do not get a momentum driven daily or at least 4-hourly break to the upside, we might see some correction moves around current zone. First heading area will be around 1.077 and then 1.07 or even lower, if market reacts at current zone. We wish you much success. As always please use a stop loss while trading and take care. To you success, Secrets2Trade
by secrets2trade
AUDUSD And Other Commodity Currencies Higher Again?Hello Traders, we hope you have a relaxed weekend. In this idea, we'll be looking at AUDUSD long. As the market shows us a bullish sequence against the December low 2016. We will expect further bullish momentum in AUDUSD. Especially commodity currencies such as AUD, NZD and CAD. With Gold and Silver, new bullish cycle, we expect aussie, kiwi and loonie also to follow the path of gold and silver moving higher. But before we call AUDUSD long confirmed, the pair should first take out the high at around 0.77575, to continue its bullish momentum. In the case of a break of the 0.77575. We will consider long trades after a pullback to the initial breakout level. We will keep you updated with that. As of for right now, we will be on the sidelines, as the pair also could start a lower degree correction from current levels to the last breakout level at around 0.76324. When we see a significant breakout out of the 0.77575 our target will be around 0.79484, for the short-term, as we expect AUDUSD to move even higher, but this would be the first target which we will consider. Hope you enjoyed this short overview. We will be publishing charts now more frequently. As always trade with care and always use a stop-loss Cheers
Long
by secrets2trade
US DOLLAR around 101 @ DXY @ do you belive in it ???Do you believe that the DXY is the cleanest dirty shirt of all majors ??? Do you believe, that the one year side way trend is over ? Do you believe, that the two year side way trend is over ? Do you believe, that the FED will not talk the USD down ? Do you believe, that Inflation will stay around above 2% in 2017 ? Do you believe, that US GDP will grow above 2% at least in 2017 ? Do you believe, that US Wages will rise around above 2% in 2017 ? Do you believe, that an higher DXY has enough space yet into 2017 ? Do you believe, that higher FED rates aren`t anticipated discounted ? Do you believe, that the best for the US Economy is still ahead - and not priced in ? Do you believe, that an higher DXY will support all US Consumer & US tax Payers basicly ? Do you believe, that und President Trump US Inflation, US Wages, US GDP will still grow > 2% yoy ? Take care & analyzed it again - it`s always your choice ... Best regards 4XSetUps
TVC:DXYLong
by Devise2Day
2
Week Reveiw - EURUSD - Leaning Short - Still in RangeEURUSD - Continues to consolidate with triangle after triangle bring us closer to some decision. I lean towards the sell side from the 1.1220/60 area. On the down side the 200DMA around 1.1080 should be point 1, with 1./10 even below. The 100DMA on the topside at 1.1225 fits into the cloud and downtrend line very nicely. On external cycle work, have a SELL turn date of August 16 this coincides with our count as a possible buy date in the DXY/#USDX ... this cycle takes us for a month and we then look to BUY on September 16. Predicting the future is not possible of course but cycles are helpful with our work.
Short
by KXRCapital