Here are some patterns I identified earlier which further perpetuate my long-term bias on the Dollar and US economy. Trade with caution
Que es la que hay mi gente? Just a quick update on the Dollar Index, I am still long term bearish on the dollar and this has been perpetuated by the recent news regarding an imminent trade war. The US economy has not generated positive numbers ytd. Since my last analysis, we did see a push to the upside and I am expecting for that to continue until a right...
If we take a look at the weekly time frame we can see that price has concluded the ABC correction at 103.82 and began to work its way down. On the daily time frame above, I have identified the completion of a 5 point Eliott impulse wave and has begun ascending towards my 38Fib level. From here, we could potentially see another ABC correction that would give me...
Que es la que hay my fellow traders, The pair is currently at a crucial point. Last week we saw price respect a major resistance zone to form a double top on the Daily timeframe. EU has been bullish for some time and this could be the turning point for price. If the trendline is broken and a retest occurs then I will be jumping on this trade. Don't forget to set...
Expecting for price to drop below the 950 level at which it point we will see it continue bullish until 115.570
Hello Traders, Been long on UJ for some time now. Price has been respecting my Major Quarter zones. I expect for there to be a consolidation period around the 78.6 Fib. At this point we could expect to see one of two things, the price could make a move to the downside and test our 61.8 zone or continue bullish until 115.000. If your technical, fundamental, and...
The overall consensus is long on this pair for the week. Might see the price come back to test various zones but should not expect any reversals for the time being. Price just found the moving average and we should begin to see some volatility in the coming hours
Hello traders, After a period of consolidatoin, we can expect to see a move to the down side in the coming hours. Im expecting for price to close the April Gap
Hello Traders, Looking to go long rn Entry: 133.900 S/L: 113.67 T/P: 115.000
Price came back up to test a previous zone of support. Price is also respecting the trend line which indicates a continued movement to the downside. Entry 111.05 TP 110.26
Price broke through Minor Quarter. Possible retests in the coming hours. Entry: 113.700 S/L: 113.359 T/P: 114.948 Best of luck! Trade at your own risk.