Market on a decline currently quick 30 pips Tp set @1hr resisstance low
USD will have good momentum for the downfall, but GBP will ultimately contribute more than USD for its own downfall SMH .
Will be a busy busy market monday expected to have great velocity due to jan price increasing the retail sector should see droppage and with the rate hike usd should have a little momentum but CAD will be the main support for the USD rally against EUR I choose not to take the long trade to the full tp instead TP1 is in the middle just before the 4HR TP where...
sure this is going to be a good market for monday im suspecting that eur is ready to pump following the rate hike by the fomc & also expect the retail sector to come in stronger than expected.
Buy!market currently on an uptrend aud market projections are neutralized for today so we will aim for top tp @ weekly high resistance zone
Market will pull back to retracement TP due to rate hike and market is curretly oversold so reverse should happen if not shorted out and a sell will be executed to finishout the trade.
analysis based mostly on dxy predictions and interest rate slowdown by fmoc business expectations on a decline for U.S. so i think we will see lag in ISM. BUY!! then SELL!!
Contingency plan: im really just doing this because the news convincing me it could turn lol #Itainttrainingifitaintraining
(DXY & MARKET SENTIMENT) for the upcoming week i am projecting DXY to keep its momentum in decline. the Highlighted area shows struggle of gaining upside momentum resulting in a descending triangle @ the 4HR Lower low resistance TP. Market sentiment shows a brief short-term pullback to the BULL side from this Area but should/will continue its bear momentum, this...
EUR/USD market looking like a short-term bearish trade Tp@1.08325 then expect market to gain traction and become bullish pushing price to around tp3@1.10066. Economic sentiment confirming both trade ideas, currently EU500 is in a bearish state after successfully reaching its daily TP@1479.316, this is a perfect sell spot making way to the 4HR High-low (50%...
SP500 projections leading into next week show a healthy drop specifically in business sector. economic sentiment will revolve around business & labor force so that will be main focus
BUY. Coming to the conclusion market will see bull momentum in the next couple hours, due to JPY consumer staples/consumer price rising, I have projected consumer staples/cpi prices rise to 61% fib creating opportunity for USD to advance, USD economic sentiment has been exceptional as expected and should continue its bullish momentum. USD/JPY expected to finish...
Opening a position on aud for a long NZD still projected on the bearish side so we will follow the trend.
AUD the bread winner today nice trade sell EUR looks like it may be on a steady decline, but demand keeps growing will eventually lead to a bigger earnings on the eur side sooner or later.
2nd part to my analysis sell side using the new method