LandofTrading

LandofTrading

We were correct last time when we expected 1,12 to hold ( check it here ) Are bulls strong enough to hold 1,13 this time ? If yes we may see rally twds 1,1500/50. On the other hand break and daily close below may expose 1,1200/1180 and even 1,10. All in all 1,13 is key not only from intraday but med term perspective ( in our opinion )

LandofTrading

Short term bulls may try to find support right below 1,56 and if thats the case rise towards 1,59 will be possible. So, we are looking for rejection below 1,56 on a smaller TF. Also, We would like to use eventual rally as selling opportunity. Will update ( if possible )

LandofTrading

Despite Brexit news bulls were not able to close above 1,29 ydy. Bears still under control and we do have a chance to see latest low or even 1,2650ish ( based on monthly chart ). Rise and close above 1,29 will open 1,2980/3000 and 1,3035/55

LandofTrading

Last time we called possible DXY rise based on bottom of the channel here and now we do think it might be just retest of broken zone around 97 and we may see lower levels again.

LandofTrading

Our previous long finally arrived to the zone you can check it here and now as market rejected the attempt to break higher we may see opportunity for move back twds 1,3200/3180 ( at least ) Good Luck

LandofTrading

This is USDJPY 1hr chart and as we can see there are 2 possible demand zones ( if you believe at least for bounce towards 113,00/15 ): First one around 112,15/00, second oned ( wider ) 111,80/40 Good Luck

LandofTrading

DXY looks ugly on weekly ( check that last week rejection Thursday/Friday mostly based on Dovish FED ) but that might be last chance on daily to stand up and fight at the bottom of that channel on daily chart ?

LandofTrading

Overall dollar is trying to hold support, so here we are testing possible intraday demand, if holds we may see run for stops above 1,3260

LandofTrading

Weekly and Daily does not look good. Intraday: testing possible demand. Weekly close below 97/96,80 ugly. Market expectation related to December FOMC felt below 80%

LandofTrading

Looks like a gap and stops above as short term target but rejection around 1,30 and bears might have a chance for 1,2650

LandofTrading

In relation to our view based on weekly chart here Breakdown through 'ideal' double bottom and scenario 2 might be in play. Long weekend in US ( market is open but lower liquidity could be in place ) as a perfect envirnoment for quick manipulation ? Intraday possible supply between 1305/20 and stops above Tokio high

LandofTrading

Ok, president Trup was looking for lower prices and there you go right in time ;) Bears are under control no doubt about it but todays price action ( I would like to see daily close ) suggest we may see consolidation phase between 61,50/62,00 a 64,30/64,80 We are within 'no mans land" here imho and only breakout/down might give Us further direction. I do expect...

LandofTrading Updated 

Bulla are trying to retest broken trendline + possible supply based on daily chart

LandofTrading

As you can see on the weekly chart bulls have two possibilities to recover towards end of the year and probably this week events ( elections + FOMC ) may create opportunity ( it's related to prevous DXY analysis here ): 1. Based on the last two weeks PA swing low around 1,13 might be in place ( would be great to close above last week high ) or... 2. Full...

LandofTrading

Last week extremes ( high and low ) are going to be very important for both sides. Mid term elections in US on Tuesday and FOMC on Thursday ( no change but statemnt as key ) could give Us few hints about dollar near term future ( where we are going to be at the end of the year ). Bulls: "thank you NFP" , bulls used better number as excuse to avoid damage on...

LandofTrading

as AAPL didnt deliver White House and President Trump start Plan B with warmer approach twds China to avoid stock crash ahead of Midterm elections... domino effect after 6th of November ? Who cares for now :)

LandofTrading

Bears under control no doubt about it but from intraday perspective things may get interesting especially if we can move above weekly open/yesterday high... AUD CPI tomorrow

LandofTrading

USDJPY looking to sell based on our weekly analysis here but.... Bears were not able to hold below 111,70/60 after the breakdown last Friday. So we can assume that was stop hunt only and we need to see failure/stop hunt to the upside before selling.