I will be selling here again in another sell off resistance just as last night.
This looks like a fake break to me, I will be selling down with the retrace.
It looks like we have a move back up to resistance on the hourly.
I believe we will see some retracement on the daily time frame. The monthly time frame is buying in my opinion with US economy downfall affecting the move on the monthly timeframe.
We have an hour break on the Bollinger bands, I believe it will rise to the resistance level then back down it comes.
Dollar weakness is going to begin with DXY at resistance.
Daily resistance has been met, Downward movement from here.
USDCAD has reached monthly resistance and will begin its downtrend.
EU has found monthly support and we can expect a move up from here. There will be swings but the trend should be changing from here.
GU at monthly support and DXY bouncing off resistance at the top of the channel. Should have some good momentum upwards from here.
It should have some retrace from the h1 move up, 15 min crossover has happened as well. Let me know your thoughts, safe trading.
Get breakeven after 20-40 pips but I believe this will run 100 pips. Let me know what you think.
I like a uj retrace here for at least 30-40 pips. Stochastic is starting to point upwards, 2:1 risk and a trailing top after 15 pips.
This pair is due for some heavy retracement, I believe this could be an easy 30-40 pips. It should also fall through the night before U.S. news tomorrow.
This is a nice swing trade to get in, Crossover looks to happen soon. Dollar could regain its strength this week bringing it down also. Let me know what you think.
Hey traders, hope all is well. I like a UJ long here for a scalp or a intraday setup. There is a pretty strong support zone being built here with strong rejections. Let me know what you think in the comments.
Hello traders, Uj seems to be forming a uptrend in a channel here. This is giving me a bias for a good buy opportunity with the moving averages crossing over also, let me know what you think.