MR_US30_ZAR

MR_US30_ZAR

Neckline of inverse head and shoulder (predicting weakness of Dollar and the index also shows weakness.)

MR_US30_ZAR

Evening Star forming on USDJPY Resistance zone. All USD pairs setting up for weakness. and Dollar index soon.

MR_US30_ZAR

We in bullish market now on indices as every month end indices tend to strengthen. little pull back before continuation.

MR_US30_ZAR

Breakout of down trend Elliots wave count (retracement) Dollar weakeness

MR_US30_ZAR

Dxy dropping on all pairs and indices now rising which is confluence of Dollar weakness, Gold also moved out of consolidation(breakout we wait for retest and buy long term.)

MR_US30_ZAR

DXY WEAK NOT confirmed with dxy,gold and usd/jpy. Turned at key Mitigation Zone which is also Monthly Pivots Resistance zone.

MR_US30_ZAR

We sitting on support of previous trend. we need to retest the breakout.

MR_US30_ZAR

3waves up we on resistance,and usd weak.

MR_US30_ZAR

USD is weak therefor we expecting Gold to push up. Gold is sitting on support,just ranging to push up.

MR_US30_ZAR

1)Headed and shoulders neckline retest 2)trend line resistance level both confirm same zone = confluence.

MR_US30_ZAR

Dollar weakness and with gold buys anticipating, expecting bearish momentum on USJPY.

MR_US30_ZAR

Dollar weakness confluence as GBPUSD had hit the 61.8 retracement zone to move further up. This it to retest the breakout of trendline.

MR_US30_ZAR

Double top formed at top of trendline ,expecting bears to push in also confluence with usdzar to drop.

MR_US30_ZAR

1)Retest of breakout that occurred is now happening. 2)confluence level (meaning there more than 1 reason) 3) Thursday are reversal day by nature

MR_US30_ZAR

1)Pull Back happening now. 2)ABC Elliots wave 3)Change of direction usually occurs on Thursdays

MR_US30_ZAR

1)Monthly Pivot Maximum Support 2)Us30 bears = USDZAR Bulls 3)USD index bullish 4)Break-> retest to occur

MR_US30_ZAR

1)Fibzone 50-61.8% 2)trend line move 3) Pivots buy zone

MR_US30_ZAR

Key SUPPORT Zone Price action