As the news about WeWork bankruptcy came out and the Dollar index is reaching higher i expect a bearish retracement to 4H FVG.
As it is clear from the chart USDCAD has run the buy side liquidity at 1.385 Then we see 2 strong down candle which can indicate a market structure shift. There are equal lows at 1.345 which price can runs there and raids the liquidity below.
As it is clear from the chart in USDJPY there was a run on buy side liquidity and after that we can see MSS happened. There are sell side liquidity below 148.5 which can be a very good target for market maker to run on those equal lows.
As it is clear from the chart, USDCHF hits a higher high near 0.91 and at Friday we can clearly see a Market Structure Shift from bullish to bearish … the target for the down trend move is 0.888 and there is a 4H FVH above current market price which can make be a good sell setup entry.
GBPUSD finally breaks the consolidation range of October and breaks the high of this range. As dollar gets weaker i suggest GBPUSD reach higher highs in the following week. It mat retest the 1.23 level and then starts the bullish move
as the FOMC meeting hold nothing hawkish happened so the DXY can start a bearish move again.
As BOJ keeps the interest rates low once more JPY is losing its value against all other currencies. USDJPY breaks the 150 resistance level and now is heading toward new highs! There is a new FVG formed in 4H chart which can be bullish now and if the price confirms this level we can enter a long position
As it is clear from the daily chart USDCAD is heading toward 1.4 and making a new high. There is no specific resistance until 1.4 in order to grab the buy side liquidity
Gold is rejected from 2000 $ once again and in 1H time frame it’s reaching 1978 $ and reach to sell side liquidity. Now if the price wouldn’t reach higher than 1984 $ the trend is bearish and we could see lower prices like 1963. But if the price conforms above 1984 in 1H chart then the trend is still bullish and we might see 2000 again.
In the 4H timeframe there is a bullish movement for DXY reaching near 107 which is the main resistance level in daily timeframe. Tomorrow is FOMC meeting so the volatility is high and i think we might see some retracement down from 107 and the the bullish trend will continue. But I strongly suggest to do not trade near FOMC meeting.
Since October EURUSD is in a consolidation range from 1.045 to 1.07 This range has not been broken and I think is still valid until FOMC meeting at Wednesday. PAY ATTENTION TO THIS TIME AND AVOID TRADING USD PAIRS DURING FOMC CONFERENCE MEETING
As it is clear from the chart after hitting a high at 150.8 we see a sharp bearish movement toward below 150 which can make the trend bearish. There is a FVG near 150 above the current market price which can start a Sell opportunity to 148.8 sell side liquidity
As the interest rate for Canadian Dollar remains the same, USDCAD continue to be bullish. But it’s now neat its BSL. So i think a run to buy side liquidity is possible and then it may consolidate
The 150 price level is a sensitive area for BOJ (Bank of Japan) which at these level they manipulate the market and push the price down. Be careful of these moves and try short more frequently at these level.
As predicted before NAS100 break the equal lows and now is heading toward LV. There is a small FVG which created toady. It maybe filled today or within couple days.
As it is clear from the chart GBPUSD is strongly bearish. Any retracement above can be seen as a potential setup for sell. The main support is shown by red line which may cause serious support
As it is clear from the chart the DXY is going upward after taking out the sell side liquidity and the current target is 107 and 107.4 for the bullish trend now
As mentioned before DXY hunt the sell side liquidity and now the consolidation range is clear. It may be a little volatile as the chair man Mr. Powell has speech today.