We see a change of character early in the week for the dollar showing us that bearish dollar is likely to continue. interested in learning how to trade with an edge in the market, check out our website for our all inclusive course including one on one, daily webinars, live trading alerts and course assessment / progression at: outcomereach.info
We have divergence on the 1 HR wait for break above cloud !
GBPCAD in a daily rising wedge showing some potential downside, will wait for retest of 618 before going short
EXY has demonstrated a very strong bull candle today, there will probably be bullish moves with the eurxxx pairs until midweek.
DXY to go down likely the coming weeks, it is respecting the current resistance and will likely head to the 61.8 fib level around 96.01.
Watch for a reversal pattern coming out of the oversold pair (based on rsi and candlestick patterns) as it will go long to at least .328
EURJPY to go bull to atleast the 38 level, a good 20-30 pips tonight, lets get it! FYI 4 hour Support and resistance = Red Rectangles Weekly Support and resistance = Orange Rectangles Monthly Support and resistance = Yellow Rectangles
Nice bullish flag forming on the USDJPY monthly timeframe, let's see what happens!
Bulls get ready! Wait for the reversal set up based on candlesticks. Set stop loss based on the double bottoms and go long to about 1.157, this is my take profit just to be safe because this is about where the next zone is at.
EURUSD will retrace back up during london session , please leave a like and a comment!
Watch for this retrace during london session tonight, please leave a like and a comment!
EURUSD will consolidate during Asian session, then it will go short during London-New York session in order to form right shoulder.
EURCAD will pullback and go long. What is everyone's input on this? Please leave a like and a comment. Thanks!
CHFJPY will be going short for the next couple of days in order to make the correction in the trend.
GBPHPY will go short in order to make a correction in the current trend.
There will be a short correction in the current trend in EURJPY
Possible short correction or short breakout of the current trend. EURUSD is going short for the next couple of days.