EURUSD Intraday London trade, based on price previously breaking my level as shown on previous trade and momentum potentially starting to swing around.
GBPNZD NY London switchover hours, Potential for a long here as price breaks 1.9116/
UJ inside bar breaking up on the 4H chart can be a sign of momentum shift. Buying the market in Asia session.
Intraday EU short over London session, DXY looks likely to rise here and it could be a good idea to short EU down further.
One more? lets go then. GBPJPY short as Yen continues to prove to have the force today, look for sells here.
EURUSD can short here on 15m timeframe as we reject 1.0588 level, look for bearish continuation.
USDJPY Intraday trade, good to short from this price down to lower resistance as USD loses some momentum after the heavy imbalance in EU over London.
First trade of the year, low volatility day, and low participation, could see price sweep the longs from last fridays move up, look to short down 1.0655ish
EU Scalp for London session, should have posted it sooner, posted in the chat, maybe look for pullback to reduce entry risk, DXY rejection and heavy sell imbalance.
We can see the in the previous DXY rally pullbacks of 2.5-4% was common now we have seen a drop over 9% as we have also hit an historical level and price has made consolidation we can look for these two outcomes, in which I am more bull than bear, bare in mind this could take a while to play out with current market conditions.
SPX in my opinion from here will dive into this huge value area, as a lack of orders at these prices is making it hard for it to hold itself up, with the DXY curve sloping upwards we are seeing more and more pumped in the US $ as the Stock market takes losses. The RVI indicator (meh?) has crossed over which 'could' be used to back the idea, and the red cloud...
DXY seems to have broken out of range and showing signs of strength matches my view on GBPUSD Currently which I have tagged below.