USDCHF has a higher probability of issuing a minor correction to the upside. We will be looking for a buy setup.
GBPUSD completeted its first H4 level and we now anticipate the second level rise. However, we will need to be cautious since the Dollar might strengthen.
USDIndex or simply the DXY is a USD strength meter. It is a directly correlated to the growth of the US economy. We are waiting to see buy setup for us to to go long on the correlated pairs.
On EU we are now in our second level of the weekly cycle. We are waiting for a SELL setup to catch a few pips on the minor pullback.
We are anticipating a stophunt high drop. However this will follow after USDINDEX issues its opening move.
This can only be validated by the USDindex move after the market opens.
We are anticipating that this week the dollar index will rise. However USDCAD is at daily level 3 therefore we will look for buy opportunities on smaller timeframes.
This pair is in a bull run. It is currently at its reset point to continue going up.
Every Market Maker Cycle is bound to complete. We are on 3rd daily level therefore we anticipate a rise on this pair. Before we take off a stop hunt low is expected.
EURUSD has not yet completed its daily cycle. We still expect 3 more H1 levels to complete its daily 3rd level.
EURUSD just completed 3 levels up on H1 however it is still on level 2 on H4 there expect a dip and reset!
USDZAR will rise for at least 2 days then reset for the longer term trend!
GBPUSD has made its stophunt early in the London session, expecting its sustained drop in the afternoon.
USDJPY has completed its H4 cycle (3 levels of rise). A peak reset has been set resembling an initiation of another 3 levels of drop.
CHFJPY has set a peak formation high. Furthermore it has displayed a Multi-session M which a strong symbol of price falling.
USDZAR has set a peak reset after 2 levels of rise. Expect a drop of 3 more levels