Check the broken triangle ( possible flag ) price looks like its making a pullback around 1,22-1,25 and then a stronger fall for a minimun price at 1,00 If you analyse fundamentally USA will give a break to DXY nad USDOLLAR not hiking rates this year but next year could be the beggining of EU plunge. CHECK THE COMMENTS and hope it helps Have a good trade :)
UJ touching upper line of the channel with USD overbought and JPY oversold this is a potential trade for med and long term. Remember that USA wont hike rates soon, possible 2016 that will give a breath to dxy and usdollar uptrend. Also BOJ said that JPY is too cheap and weak, for this reazon a raise of interest rates soon will no be a surprise, Let uj make a...
Please check this stronger channel, could hold on. A great price for short is 1,65 and sl at 1,66-1,665 tp 1 1,60 tp2 1,58 stronger support at this price. if break up this channel proce could go up over 1,70, but nzd pairs are looking a reversal, but EURO coud be stronger because EUROGRUP are looking for strategies to apreciate the currency even if GREECE go away....
check out the montly view of uc, and check the comment ill post a pic in daily wuth potential long around 1,20...
Historical channel show us that gj should go up a little more for one of the best shorts of the year.Fundamentally BOJ said that jpy is too cheap. long term tp 185; tp2 180 and tp3 170 (0,382 fib) Have a good trade
NU is touching the lower line of the daily downtrend channel. Price should go upt at least at 0,72 (0,382 fib retracement) Have a good trade :)
PLEASE CHECK THE COMMENT DXY and USDOLLAR are getting weak. Also, we are almost touching the lower part of the channel. SHOULD GO UP at least 0,85 the upper line of the downtrend channel.And check, its an excellent demand zone (rectangle) Have a good trade
GJ is in the Supply zone and touching the upper line of the pattern also breakput the channel. That means is ready for a short tp1 188 tp2 185.
Keep in mind that EU has not the strength to break this donwtrend yet and QE and economy policy will be the same for a long time till EURO ZONE could improve most of the economic data, especially CPI. Have a good trade.
If Greece have an agreement and DXY falls. we could see EU over 1,11.
IF USA economy recovers, followed by an FOMC in June anounce to raise interest rates, possible SEPT.