Due to rate hikes and other factors the dollar's juggernaut run is nearing its end. As a result the EUR will continue to move higher for the near future. The wise position would be to stay long until the next major resistance level at 1.09094 level. Any short selling at this point could result in a loss. Good luck and happy trading.
Price is exhausted. Be prepared for a significant move to the short side. Trade at your own peril
This pair will fall due to volatility in the market the next downwards push has begun but trade at your own peril
An update from the previous post hold the buy this position should close out in early march.
Based on the break of structure this week and the wick from the prior day AUD/USD has a strong possibility to break out long over the next couple of weeks. Parameters are the trading box. Trade at your own risk
this is where i see aud usd going trade at your own risk
Just an idea. objectively a bearish market going forward. trade at your own risk.
More upside to come into the following week. Trade at your own risk. Trade smart. Good luck.
waiting for structure to break on this flag pattern. a retest and a failure of the re-test should send it lower to the lows of February and march trade at your own discression
with bearish divergence beginning to form on the higher time frames i expect another pullback to the 109.66 level before a final push to 111.0 occurs.
I EXPECT THE POUND DOLLAR MARKET IN THE NEXT COUPLE OF WEEKS TO SEE A FURTHER PUSH DOWNWARDS AND THEN A PUSH TO THE UPSIDE
NFP manipulation saw the increased but still below expected jobs to push the usd/jpy down effectively wiping out all bullish pressure that occured during the week. Non the less on the weekly time frame the pair has already broken out of a bullish flag pattern and is on the way up. The pull back is simply a liquidity grab and i expect this pair to get a close or...
WITH GBP BEING OVERSOLD IN BOTH DAILY AND WEEKLY TIME FRAMES THE ONLY LOGICAL SET UP WOULD BE FOR A PULLBACK TO GAIN VALUE AND THEN A LONG POSITION TO THE LAST TOP. THESE ARE THE 3 POSSIBILITIES FOR THAT SCENARIO