Regaltrader

Regaltrader Updated 

The upward trend line has been broken and also followed by decnding triangle suggesting short moement

Regaltrader

fundamentals suggest that the assert will continue selling because of the weakening EUR

Regaltrader

usdcad correlation

Regaltrader

corerelation

Regaltrader Updated 

to crypto traders that's an outlook before buying eths wait for a complete retest of cz if it not broken the upward movement should be looked out for

Regaltrader

correlation suggest that 60% of times uc and uj trend the same way so the triangle suggest the will be short movement so observation of the current candlestick is important meaning if the candlestick closes below the trend line then short movement is possible

Regaltrader

i think the usdjpy will continue shorting since the yen has shown signs of getting stronger in the other asserts so this suggest the short movement, as long as it doesnt break the trend line that indicates the downward movement

Regaltrader

the gbpjpy is been trading in aflag for days so if the break out of the support is successful then the downward movement should continue until the lower trend line, yen is getting stronger

Regaltrader

the falling wedge on a down trend is a strong reversal signal and that it is what this assert showed and also it broke the downward trend line, and also with the dollar weakening this suggest that this assert will continue moving upward

Regaltrader

since au and nzd usd are directly corerelated this also suggest up ward movement since the downward trend is been broken and as dollar index shows the dollar weakening so the upward movement it is

Regaltrader

Au is been on the down trend so the downtrend has been broken so as the dollar continue to weaken this suggest that AU will continue moving up