#NZDUSD has recently had a big fall as the DXY has shown major strength recently. I think this is a possible buy area perhaps as the non-US FX majors are extremely oversold and the DXY is heavily overbought. I have marked some supply and demand zones on the chart. Currently we are in a potential support demand zone . I have taken a buy position recently and will...
GBPUSD has recently had a big fall as the DXY has shown major strength recently. I think this is a possible buy area perhaps as the non-US FX majors are extremely oversold and the DXY is heavily overbought. I have marked some supply and demand zones on the chart. Currently we are in a potential support demand zone. I have taken a buy position recently and will be...
#USDCHF has recently had a big rise as the DXY has shown major strength recently. I think this is a possible short area perhaps as the US FX majors are extremely overbought and the DXY is heavily overbought also. I have marked some supply and demand zones on the chart. Currently we are in a potential resistance demand zone . I have taken a short position recently...
AUDUSD has recently had a big fall as the DXY has shown major strength recently. I think this is a possible buy area perhaps as the non-US FX majors are extremely oversold and the DXY is heavily overbought. I have marked some supply and demand zones on the chart. Currently we are in a potential support demand zone . I have taken a buy position recently and will be...
USDCAD has recently had a big rise as the DXY has shown major strength recently. I think this is a possible short area perhaps as the US FX majors are extremely overbought and the DXY is heavily overbought also. I have marked some supply and demand zones on the chart. Currently we are in a potential resistance demand zone. I have taken a short position recently...
#USDJPY has recently had a big rise as the DXY has shown major strength recently. I think this is a possible short area perhaps as the US FX majors are extremely overbought and the DXY is heavily overbought also. I have marked some supply and demand zones on the chart. Currently we are in a potential resistance demand zone . I have taken a short position recently...
#USDJPY has recently moved higher after the FED rate decision which was 4.75% as expected, but an increase from the previous month still. Oscillator momentum has been bullish lately and USDJPY can move higher. I have marked some supply and demand zones that may be broken over the next few days. I have taken a long position in the early London session.
EURUSD has recently moved lower after the FED rate decision which was 4.75% as expected, but an increase from the previous month still. Oscillator momentum has been bearish lately and EURUSD can move lower. I have marked some supply and demand zones that may be broken over the next few days. I have taken a short position in the New York session.
USDCHF has recently moved higher after the FED rate decision which was 4.75% as expected, but an increase from the previous month still. Oscillator momentum has been bullish lately and USDCHF can move higher. I have marked some supply and demand zones that may be broken over the next few days. I have taken a long position in the New York session.
AUDUSD has recently moved lower after the FED rate decision which was 4.75% as expected, but it was an increase from the previous month still, the FED interest rate outlook still looks to increase rates this year. Oscillator momentum has been bearish lately and AUDUSD can move lower. I have marked some supply and demand zones that may be broken over the next few...
AUDUSD has taken a sharp fall recently and can potentially move higher on the 4 hour chart. Oscillator momentum has been moving higher, and the 4 hour pivot hovers near 0.70700. Tomorrow is the FED rate decision in the states and the markets may be slow till then (0.25% expected). The market can also be risky now.
Usdcad has been showing signs of bullishness with the weighted stochastic indicator momentum increasing on the 4h chart. The 4h pivot sits near 1.3345. I have entered long. The DXY has been showing signs of bullishness. The fomc rate decision is this week.
$AUD/USD$ I have an AUDUSD short near this price. Equity has been flat for the last 2 weeks so I am adding 3 new strategies to diversify my forex portfolio. AUDUSD can move lower next week. Oscillator momentum has been moving lower on the 4hour chart, the 4h pivot sits near 0.69679 quite far below.
I have taken a short near this price in the New York session, stochastic momentum has been decreasing as the RSI has also been closing lower and diverging. NZDUSD can potentially fall lower this week. The 4H pivot sits near 0.645.
EURUSD has been forming bearish momentum recently on the 4 hour chart, the RSI as well as stochastic momentum has been bearish . The 4h pivot hovers near 1.083. I have taken a short position here recently, I will update this post for a take profit or stop out.
EURJPY has been forming bearish momentum recently on the 4 hour chart, the RSI as well as stochastic momentum has been bearish. The 4h pivot hovers near 140. I have taken a short position here recently, I will update this post for a take profit or stop out.
GBPJPY has been forming bearish momentum recently on the 4 hour chart, I have added some support levels on the 4 hour chart. I think if we can break the 1st support level it is possible to fall to the next support level. The RSI has been moving lower as well as stochastic momentum. I have taken a short position here recently, I will update this post for a take...
GBPUSD has been falling on the 4H chart recently and has been forming bearish momentum. I have taken a short position here and this pair can potentially see a short trend reversal. The 4H RSI hovers near overbought with a value of 60 and the pivot sits near 1.21850.