DXY might see lows again for the last time before long till November.
DXY created reverse head and shoulder might be moving to hit 95.90 and bounce back down 1 last time before bigger move up. monthly is already engulfed. theres no turning back until the second week of October.
DXY in my opinion will be a long ride till 2022. its on a very strong level. i mean ofcourse it could crash to the downside but at the moment im not seeing anything big happening that will crash the Dollar. we might have a new president soon.. even if Trump still be the president he said Dollar will see the highest numbers of all times if he gets chosen again....
NZDUSD DAILY CHART is pretty simple. If you re a long term trader and bought nzdusd at 0.6600 or 0.6610 u can hold on to it for another 1 more leg up and put your stop loss to some profit or to breakeven. if you re not in the trade, wait for a good price action on a daily candlestick to see where the price wants to go and just hop on the trade with smaller time...
USD/CAD will give short opportunity at 1.3540. that will be a daily pullback. weekly is still in a downtrend. structure is pretty simple to identify
AUD/USD will give buy opportunity at 0.7040. that will be a daily pullback. weekly is still in an uptrend. structure is pretty simple to identify
NZD/USD will give buy opportunity at 0.6490. that will be a daily pullback. weekly is still in an uptrend. structure is pretty simple to identify
USD/CAD WILL FALL TO 1.32 AND BOUNCE BACK FOR A PULL BACK THEN KEEP FALLING UNTILL JANUARY OF 2021.
IT LOOKS LIKE THE DOLLAR REVERSED FROM 89.00 LEVELS MEAN TIME EUR/USD ALSO REVERSED FROM 1.24. IT LOOKS LIKE ITS MAKING A HEAD AND SHOULDERS PATTERN TO CONTINUE FURTHER DOWN LONGER TERM WEEKLY TREND!
IT LOOKS LIKE ITS STRONG BEARISH TREND IS BUILDING UP!
IF U ANALYSE THE MARKET GOOD, YOU WILL NEVER LOSE. I THINK EURO WILL BE GAINING TILL IT HITS 1.25 WHICH HAS THE PREVIOUS SUPPORT SINCE 2004. IT BROKE OUT IN 2015 AND I THINK IT WILL TRY TO REACH FOR A RETEST THAT LEVEL BEFORE START FALLING!!!
EXPECTATION IS BIG FOR THE NEW YEAR AND AFTER. DOLLAR WILL COME BACK TO 92 BEFORE IT STARTS RISING.
I think DXY is still weak and might break down from 92.00 area to make new lows and retest previous supports and if ask me where its heading, I think its heading down to 90.00. heres my WEEKLY analyse. according to my analyse DXY should bounce from 90.00 with the NEW YEAR of 2018.
THE STRONG US DOLLAR IS VERY WEAK FOR A YEAR NOW. AND I THINK SELLERS WILL CONTINUE DROPPING DOLLAR! DXY WILL SEE 89.000 THIS WEEK!
OK OK OK. THIS IS A BIG BIG BIG OPPORTUNITY!!! GPOUND IS GOING DOWNNNNN!!!!!!