NICKY-FX

NICKY-FX

DXY is to head off to 103.40 /103.60 area. Expect DXY to bounce back from 103.40 to 103.60

NICKY-FX

Looking for short opportunities from the recent POI to next OB. Note - As the Market is always RIGHT therefore, LTF confirmation must be confirmed before execute the position.

NICKY-FX

US- Economic data indicates clear US economic strength. AUD mostly likely to have a bearish week with the strength of DXY. Looking for SIMPLE short opportunities with a clear entry confirmation. Keep an eye with 3 potential levels.

NICKY-FX

Looking for longer run from one of these OB, ( Low and High Probability Order Blocks) Looking at the current price action, EURUSD seems to have had a perfect rebound at 1.1021

NICKY-FX

(DXY) crawls up toward 102.05 area ahead of the Fed rates decision, however the rate hiking can expect as non-farm payrolls rose by 209k in June even though CIP dropped to 3.0%. Meanwhile , We can expect Gold to slip down a bit more with the speed of DXY to level 1945 area.

NICKY-FX

As DXY moves up temporary head of US- interest Rate decision even though it bets on an US soft landing weighing. EUR/USD most likely to drop another 1% from the current price to the Fib level 61.8% .

NICKY-FX

Federal Reserve that does not seem to be finished with hikes, is bullish for the US dollar. The USD most likely to get up soon after a correction. Look for Selling opportunities if the price will show a bearish confirmation right at the order block level.

NICKY-FX

EUR/USD might get to the next target at 1.1000 if the prices pushes up from the level of recent FVG. Note - EUR/USD might come at the level of 1.0733 as the U.S. central bank plans to resume hiking again. Long for longs currently.

NICKY-FX

As the Dollar seems to be getting more weaken ,the Gold price most likely to look up . Look for long if the price creates the SPRING.

NICKY-FX

US Dollar is weaken in ahead of big news. The bulls returned to the game at the level of 1.07380. Look for longs currently.

NICKY-FX

****** EURUSD ******* The EUR/USD approaching the 1.09292, A break higher would strengthen the outlook for the Euro to the next station 1.1034. A failure could clear the way for a bearish correction at support 1.085.

NICKY-FX

EUR/USD has touched the bottom several times, Look for buying opportunities above the neck-line. Resistance levels: 1.01934 (61.8% Fibonacci)

NICKY-FX

EURUSD is seen as very short term bullish, keep an eye at Fin 50%.

NICKY-FX

Gold price rejected at 1800 as it keeps bearish potential move towards 1744_1730. Look for selling opportunities.

NICKY-FX

A break back below the 1.0122 support level would bring a fresh three-week low for the pair

NICKY-FX

On a shorter-term basis, the Greenback pushed up for a test of the August high this morning.

NICKY-FX

Currently the market is seen as bullish due to the coolest inflation data, however mainly the inflation drops to 8.5 percent in July as fuel prices dip. Having the inflation 8.5 will not confirm the bottom of the SPX . Its too early to jump as 8.5 is still too high. I still think the price will test the level 4036 before it move sup to 4300 or moving down. .

NICKY-FX

S&P jump 2% as inflation finally cools off, Look for short-term selling opportunities as there is a high probability of the price testing the Fib level - 38% then 50%.