Price is at a significant key level and can potentially decline to my target of the 618 zone below. There is heavier momentum at this level according to RSI….Note: USD appears to be ready to rise in coming days. Next week will reveal the story..-Watching with short bias..
Kiwi received big news today the PM will resign to make way for a new leader. Price looks soft and is now below a high momentum zone. I will be watching this pair into next week to prepare for a possible short opportunity. My bias has changed from long to short.
Price has found a strong level of support below a key level that was broken. Although the key level was previously broken multiple time we now have a broken range of consolidated price as well, signaling a potential an upside ride with buyers. Next key level is marked at 1.64000.. This is a good zone to buy in my opinion.
Price has climbed back over a consolidated area which now serves as support. Looking for price to complete a push up to 618 ratio. Hopefully price will pull back some to permit a better buy entry for risk/reward ratio.. Possible H&S pattern forming as well for a big reversal.
Price has formed a bullish flag on the 4hr time frame and appears to be pushing up with pressure as the descending wedge has broken. 618 ratio was previously broken before as the flag was printing. Looking for price to reach the next level of the fib "78.6"...
Would be ideal to receive a pullback for an entry once the bulls return with momentum. Looking for price to reach 618 retrace before a potential reversal for price. Mon 1/16 is a NYSE holiday. Will keep my eye on this pair.
Previously, I had a short call for price that was deeper than what has occurred, price has turned for what appears to be a bullish continuation. Trade was profitable but take profit was taken prematurely. Looking forward to see if price will hit my next target of the upside.
Price for Euro is entering a bearish landscape and with anticipated strength behind USD, Euro has the potential to complete a full retrace. Momentum from RSI illustrates stoniest areas of activity. If price creates a lower low, I will make a short call. -Watching with short bias
This pair is on my radar for a buy opportunity. Looking a for a higher high to signal that price has found support and is ready to climb. I believe USD has more steam for another bull ride but soon after, I am expecting long term bearish landscapes. This week may present the buy I am looking for this pair.. Tracking with a bullish bias.
Lower low created for a head and shoulders pattern.. Ultimate goal displayed below.. If price takes a detour, will be in the position to take profits prematurely. Will update this call accordingly.
Lower low was created with price and price is now in a bearish landscape. With some strength from CAD, I’m expecting a nice dive into the sea.. This is a swing call.. Price may pullback causing to take profit prematurely.. Will update this idea as necessary.
Price took a dive below a significant level and I am looking for a retest of the level to take advantage of a short opportunity. Alert set for the level and I will update this analysis if the short presents itself in the future. -Watching with bearish bias.
The dollar still has some life left amidst the rate hike from the Fed. Rates will continue to rise and I am sure the dollar will take a dive some time in 2023, perhaps following first quarter. For now, the dollar shows strength as it regained momentum from its recent losses. Whether price will rise back up to my resistance shown is yet to be determined but I will...
Price has broken out of a strong descending channel, climbed above a major level and retested the level to signal the bulls are present. My next target overall target is above. Euro is obviously kicking butt and taking names.. Go EURO!
Price has retested a major level zone and looks strong. Kiwi is expected to climb further against a weaker USD.. Next stop target is the .67 zone…
Price has reached a strong level of resistance and has dropped below a supportive trend line.. I am looking for a lower high for a short opportunity. Placing this pair on my watchlist to track the potential opportunity.
Previous analysis had levels with an alternative setup but these levels appear to be stronger. Bullish bias shows a breakout idea as price looks for support.. I will be watching to see if price creates price action and prepare for another breakout for a buy opportunity…
Perfect retest for a major level rejection.. It is too early for a short entry according to my strategy but definitely a reason to watch for future opportunities. Patience is key here..Watching with short bias.