As you can look in the chart it clearly shows BULLISH DIVERGENCE on 4 hour timeframe. WANT TO GO LONG ON DXY! LET'S HOPE FOR THE BEST. 🚫 NOT A FINANCIAL ADVICE!
"MAYBE" it was just a temporary retracement and we are set to move lower. RSI GIVING DIVERGENCE SIGNALS. WE ARE CLOSE TO YESTERDAY'S HIGH AT THE MOMENT BUT RSI ON LOWER TIME FRAMES IS MOVING LOWER HENCE WE CAN LOOK FOR SHORTS. THERE WERE STRIKES AROUND 1.04000 LEVELS FOR THE WEEK SO IT MAY ALSO HELP MARKET MOVE LOWER.
On 1D timeframe we can see bullish divergence but there's continuous selling pressure which may drop EURUSD lower. 🔴 NEGATIVE NEWS FROM UNITED STATES WILL PUSH EURUSD UPSIDE OTHERWISE IT WILL KEEP FALLING! 🔴HAVE PATIENCE LOOK TO ENTER BUYS ON 15-30 MIN CHART AFTER A BIG GREEN CANDLE. 🚫NOT A FINANCIAL ADVICE! TRADE AT YOUR OWN RISK.
There seems no relief for EURUSD. EUR will turn bullish in mid term but currently all you gotta do is have patience and look for best selling opportunities. Have marked two pathways that's probably how market should move as of today till next week. 🚫 JUST AN IDEA NOT A FINANCIAL ADVICE. TRADE AT YOUR OWN RISK. DO SHARE YOUR VIEWS ON THIS IDEA! 💸
EURUSD after continuous attempts was unable to break 1.06859 area on bigger timeframe and now it's in overbought region in the exact area of 1.06859 in 4hrs chart. 🔴FED PRESIDENT POWELL'S TONE TOMORROW MAY TAKE EURUSD INTO DEEP WATERS. 🔴LOOK FOR SELL OPPORTUNITIES FROM 1.06950 - 1.07074. (BEFORE FED SPEAKS) 🚫NOT A FINANCIAL ADVICE. TRADE AT YOUR OWN RISK....
Based on the idea of DIVERGENCE, you can clearly see divergence on daily chart of DXY. We can also see HANGING MAN candle pattern on daily chart which confirms is to SELL DXY. BULL RALLY FOR ALL CURRENCIES AND COMMODITIES TO BEGIN THIS WEEK. DON'T JUST READ MY ANALYSIS DO YOUR OWN REASERCH ONLY THEN YOU CAN MAKE REGULAR PROFITS. 🚫 IT'S JUST A TRADE IDEA AND...
Look for buy opportunity at the weekly order block as mentioned. LONG EURUSD - 1.07000 - 1.06500 HAPPY TRADING! 🔥
If they market touches the blue support line we would look to buy EURUSD for short term. Target 1.08000