PabloSMC

PabloSMC

Price came in extremly bullish on dollar after the US elections. We expected this as we had previously drawn out that target. I still expect dollar to move higher and grab more liquidity but maybe after a retrace. Keep in mind there is FOMC tomorrow so trade lightly.

PabloSMC

I'll still be going long on USD/XXX pairs as I see we still have room for some more upside on the dollar. Need to be paying close attention this week as we have NFP and election date is approaching. Patience!!!

PabloSMC

I'm thinking we'll grind higher sooner or later on the daily timeframe and weekly timeframe as technicals show bullish structure. 2025 bulls year?

PabloSMC

EURUSD has taken some major liquidity and now it's normal for it to start retracing and rebalancing and then maybe keep going lower.

PabloSMC

I'm trying to keep this analysis pretty simple. I see the previous weeks high as a target if we want to displace higher. Current market structure indicated that higher is where it is directed. I like how the fair value gap has remained open. Be prepared for a slow monday leading up to cpi numbers on Tuesday where the volatility will be injected!

PabloSMC

Pay attention to the bullish orderblock. I want a tap into it and quick rejection. Today we should be going down and tomorrow probably form low of the week before moving higher. Good Luck!!

PabloSMC

Change of plans on the dollar. I expect to take the marked liquidity on the daily. Do I expect it to happen today? Probably not. Fomc is tomorrow and that's where to volatility/volume will be injected. A tap into the IFVG would be good.

PabloSMC

Today I will be hunting for sells to grab h4 sellside and fill in the gap.

PabloSMC

It's coming for the buyside liquidity. Expecting August to be a more difficult month to trade though so I will be more laid back. Good luck!

PabloSMC

Considering dollar tendency for the month of August and the current technicals on our monthly chart I think we will se a bullish dollar for August.

PabloSMC

Our targets for this week have been reached. Price tapped into 50% of the marked range. I would like to see it travel to the shown imbalance as well as that's a likely target too! Happy trading!!

PabloSMC

I'm noting on nasdaq the reaction from the 2 week orderblock. It is likely we'll see some retracement as price moved really violently to the upside without rebalancing itself out. Keep an eye for some good shorting opportunities in the upcoming weeks!

PabloSMC

I think EurUsd will travel lower this week. My first target for Monday/Tuesday would be previous week's low. Keeping in mind FOMC is this week too on Wednesday. That will generate volatility into the market and maybe rebalance our range to 50%. Happy trading and good luck!!!

PabloSMC

After posting my analysis DXY has reached 2 of our targets in no time. You could have used this analysis to bank lots of pips in dollar crosses. GOOD LUCK!

PabloSMC

Start of the Dollar downtrend. We seen dollar playing around in the bearish orderblock area for a while. After today we have an indication it will seek lower prices based on the 4h.

PabloSMC

Expecting something like this to happen with Nasdaq. I'm expecting dollar do make lower lows on the daily timeframe too. Keep in mind this week is filled with news too. CPI and FOMC.

PabloSMC

Dollar moving steadily lower. It makes sense for it to go to the nearest liquidity pool on the daily timeframe which is the low I have marked. We don't want a candle to close above the 50% of the marked orderblock.

PabloSMC

Price is already rejecting the daily orderblock giving us an idea for what's next. I think the imbalance is a viable target. Let's see.