After extremely negative week for USD we have witnessed a spike of more than 1000 points for Nasdaq. Right now the asset reached the resistance and is ready to fall. We go with risk reward 1:3
After such a bearish week for the USD, is time for a rebound. Price reached resistance on daily chart and our risk reward for this one will be 1:6 with 4 different targets: 1.0217 / 1.0068 / 0.9898 / 0.95750. This will be a long journey till our final target.
The pair reached the resistance and is ready for the decline with multiple targets: 0.6385 / 0.6335 / 0.6283 with risk reward 1:3. Good luck to all
We can see 6 consecutive bearish days of the pair in a total of 330 pips downtrend. But watching a bigger picture we can see the pair right now is in an uptrend and is located on the support level and is ready for the pivot point. We go with risk reward 1:4, good luck to all of you. Don't forget to help others and share it with them.
The correlation between GOLD and USDX now is ready to react to the extremely positive NFP data today, check the related idea for more info
NFP was extremely positive, but unfortunately, the market react the other way around. With the US Market opening, I expect the NFP data react positively to USDX.
According to my latest analysis, the upcoming Non-Farm Payroll (NFP) should be "Positive" with a small increase in MOM average hourly earnings, this will boost the USD and bring the gold down, and I hope you understand the correlation between CHF & GOLD (they move in the same pace) that's why watching the bigger picture the pair is in an uptrend, but in a couple...
According to the Fibonacci and parallel channel trend lines, I expect to witness another fakeout before Nasdaq falls hard again. We can go with good risk reward on this one 1:6. Share the idea with all of your friends, let them enjoy it too
We can see a breakout of the resistance (Fibonacci level) Upcoming downtrend for US Indices & Gold is loading
Dow Jones (US30) reached the resistance and is ready to go down. We will go with Risk Reward - 1:6. Based on my latest US Dollar Index analysis which is ready with the breakout and is waiting to go long.
Gold reached the resistance and I'm ready for another downtrend. Targets 1631 / 1615 with risk reward 1:3 The reason for that is my analysis of the US Dollar Index which reached the first target and went back to the support. We have a couple of US events later today on the calendar, be ready!
From my last analysis, we manage to catch the $55 Movement with risk reward 1:3. Now we will apply the same risk-reward ratio. Based on the Fibonacci & Ichimoku cloud we can clearly see the resistance level at $1660. Don't miss another golden opportunity. Share the idea with all your friends!
Based on the latest bullish USDX analysis, on top of that, the price couldn't brake the Ichimoku cloud and we are witnessing a decline in price and another bearish trend.
Based on the latest analysis, we can clearly see the trading range of the asset and the support thanks to the Fibonacci and Ichimoku cloud, that's why I believe this will be the beginning of a very strong hawkish rally, even a breakout of the resistance of the current trading range. GOLD will be affected as well, expect an analysis shortly...
After my latest analysis of the US Dollar Index, I expect the bearish GOLD trend to continue NOW! Once the gold reaches the key level (current resistance) trend will start. Risk - Reward 1:5, Good luck!
After my first Nasdaq idea, we achieved 1000 points movement, now we have another entry to benefit from, based on the latest hawkish USDX analysis, I expect this to happen once the US market opens.
The last analysis is still alive, and we have another confirmation of a bearish trend for gold. After the H&S pattern is completed, we could see an even bigger decline in the asset targeting the next Fibonacci level. Good luck!
The Fibonacci level matches the key level, after retesting that level and an upcoming USD hawkish rally will be a fact, once the US Market opens, this will give us another opportunity to short the gold again.