INDEX:DXY It is not recommended to sell the US Dollar atm as there is a decent potential that it make a new run to 98.80 #AHMEDMESBAH
SAXO:EURCHF
SAXO:GBPCHF BoE Interest rate decision should be taken into consideration.
SAXO:GBPCHF
SAXO:AUDNZD RBA Interest Rate Decision is tomorrow. A cut is priced in already but what about it unchanged? Probably a very decent rally to the upside.. Don't miss this out.. #AHMEDMESBAH
SAXO:GBPCAD Sterling pairs are generally setting up for an impulsive move prior to the BoE Interest rate decision meeting next Thursday. The market is pricing a rate cut but if it is to remain unchanged we would see a decent rally to the upside in all GBP pairs. Take in consideration that price might sink sharply before this or do nothing at all. so a decent SL...
OANDA:AUDJPY * Wait for the drop, if channel to keep the price in, then longs can be opened on a decent RISK/REWARD ratio. #AHMEDMESBAH
SAXO:EURTRY Take in consideration the new monthly retest. Follow for more setups... #AHMEDMESBAH
SAXO:CHFSGD Awaiting more downside to go long from indicated price on chart. This pair is kind of wild so a might shoot down sooner or later and retrace up again to marked ranges. Follow for more similar setups... #AHMEDMESBAH
TVC:USOIL An important level to watch for a rejection. #AHMEDMESBAH
FX_IDC:USDEGP Dollar has reached an important price where it is meeting an important demand zone. Anticipating a rebound from this level. If the weekly downtrend line is to break next few weeks then we have gotten an important zone to mark for the future. #AHMEDMESBAH
SAXO:GBPUSD The behavior we see now is the same of Gold last few weeks, Price now is testing a strong support and a continuation demand that will probably push price higher overtime. Price is uniquely meeting both the 20 EMA and 90 EMA at price 1.29300. If it happens and price when retrace to this level, long positions with a very good R/R would be a great...
SAXO:EURJPY Any rally to the top of this channel is a good sell in my view. #AHMEDMESBAH
OANDA:AUDNZD A CLOSE ABOVE 1.45 is essential for the continuation of the setup. #AHMEDMESBAH
INDEX:DXY FRED:DTWEXM Here is an interesting difference between #DXY "The Typical most used USD Index" and #DTWEXM "The Trade Weighted USD Index" that is believed to be more accurate than DXY. The 2 pairs have been identically moving together but now we experience an initiative fall on DTWEXM to break the channel. Is this telling us something about the future...