DYSWIS

DYSWIS Updated 

DYSWIS - Do you see what I see ? . . . I know the long term trend is upward but PRICE is now testing the 100SMA (blue) and there are some obvious targets below. Break it down to the 30m with the same box of tricks and it becomes even more obvious. To be confident PRICE has to break below .85700 and stay below. 1000s of traders see what I see and the possible...

DYSWIS

USD is racing on . . . just moved my FIBS to the extremities to try and make a little more sense of it all. PRICE is at extremities and it looks like everyone is just jumping on the bandwagon simply because it's going up. PRICE busting through the 200SMA (green) is fine but at some point these markers have to be retested and being averages they will always catch...

DYSWIS Updated 

Lot of chatter on the wires this morning giving GBP a knock but I'm not convinced. PRICE poked it's head above the daily 100 SMA but is currently having a pause at the 60m 100SMA. Daily 100SMA is flat and 60m 100SMA continues to head down giving a bearish bias. Sidelined on this pair with with a Bearish tone and waiting for a break of the daily 100SMA . . . lots...

DYSWIS Updated 

Logical target is between the 33% and 38.2% retrace from NOV 2015 high somewhere around 107.6 and 108.8 . . . consolidation or a pull back after that and then on to the logical 50% retrace to +-112, where there is a lot of resistance if you look to the left on the dailies. DXY looking good for 100+ and the USD seems to like Trump.

DYSWIS

Dailies giving the big picture . . . CABLE has been hammered for the last 2 years + and rightly so but it's been too heavily sold these last few months and looks to be out of kilter with USD and EUR both. CABLE shorts are being liquidated hence the recent move North helped by a Trump win. This move has gone against the prevailing DXY strength, so EUR has weakened...