akhena10fx

akhena10fx

DXY Outlook - DXY is at a bit of a crossroads. on the HTF we have traded into a monthly FVG and have been reacting bullishly off it in recent price. However we have traded into a bearish weekly OB and daily FVG area. Price broke market structure in last weeks trading so at this point I am anticipating short term bearish action. With the most recent bullish daily...

akhena10fx Updated 

EURUSD Outlook - EURUSD is HTF Bullish. Price just validated a bullish monthly OB and is now returning into the body of this OB. we can anticipate bullish price action from within the body to a new recent high. Last week traded into what can be considered a daily bullish breaker. there is a 12hour balanced price range below the weekly open price. The expectation...

akhena10fx

DXY Outlook - DXY is HTF Bearish, it just validated a monthly Bearish OB, however it has also traded into a monthly bullish FVG. Price can choose to do a number of things from here. For ease of analysis I will assume bullish continuation until price shows strongly it wishes to do something else. There is a daily bullish OB below the weekly open price that may...

akhena10fx Updated 

NAS100 Outlook - Price broke structure after putting in a high. We are also in premium of the most recent dealing range. if price continues to chase sellside first, we would look to the daily ob first, then watch to see if price wants to chase buyside up into the daily FVG above. if price wishes to chase buyside first, there is Daily FVG above current price that...

akhena10fx Updated 

EURUSD Outlook - EURUSD just traded through a bullish FVG that ought to have held price if we were expecting higher prices. I will be watching this area to see price return and potentially push downwards from there. The daily breaker/monthly OB is a good short term expectation for sellside.

akhena10fx

DXY Outlook - DXY is in a monthly FVG and has reacted bullish off of it. It is approaching a weekly FVG at which we can expect weakness. There is a 2 day BPR that may act as resistance to price. The bias is bullish. However there are relative equal lows at the 99.585 level so there is an argument to be made for continued downside.

akhena10fx Updated 

Bullish on EU but it can run into resistance at its current areas. This is what I find interesting at the moment. Relevant POIs are annotated. We are at a weekly volume imbalance area and I am expecting price to range inside/around it before any major expansion.

akhena10fx Updated 

Bearish short term on NAS after such a bullish week last week, expecting either a range or retracement this week before potential continued strength the following week. Daily FVG below is interesting and im expecting some interaction.

akhena10fx Updated 

Bearish on NAS overall, had wanted price to trade deeper into the monthly FVG, but working under the impression that we have begun the leg down until something convinces me otherwise. I like the daily rejection block as an area to begin to look for aggressive sells. Will be watching price as always for potential entries.

akhena10fx Updated 

Bullish on EURUSD this week. CPI is on Wednesday so we can expect some big swings this week. I like shorts early to overlap this week's offered prices with last week before continued upside. Should CPI do something drastically different, I will re-evaluate. This is in line with anticipated weakness on DXY. Let's get it.

akhena10fx

Anticipating continued dollar weakness, I would like to see Monday's high taken out and price trade into the daily FVG before continuing the melt. Obviously we don't trade the DXY, but we use it to inform our opinion on pairs trading against the dollar, primarily EURUSD.

akhena10fx Updated 

Interesting outlook this week. NFP is on friday, but we are expecting little to no movement on monday and tuesday the 4th. Won't be trading till Wednesday at the earliest. I am still bullish on NAS till we reach the consequent encroachment of the monthly FVG above. NFP could be the driver that pushes price that high. Other POIs I am watching are annotated on...

akhena10fx Updated 

Bullish on EURUSD this week. However, 4th of July means significant trading wont pick up till wednesday at the earliest, and with NFP on friday, it begs the question of if participation is worth the risk. Regardless these are the areas i find interesting at the moment

akhena10fx

I think the week ultimately closes weak after early strength, NFP and a short week due to the 4th. Curious to see how that affects trading.

akhena10fx Updated 

Bullish on NAS overall, however the Daily FVG below likely wants to be traded into before the move up. If the FVG fails, I will expect price to fall to the daily OB below. Relevant POIs annotated on chart.

akhena10fx Updated 

EURUSD remains bullish for now, however i am anticipating a reversal. It is at a bit of a crossroads with valid daily orderblocks on the bullish and bearish side. Whichever fails first determines the direction. Areas of interest are annotated on the chart. My bias at this point is bearish as that is the most recent OB.

akhena10fx Updated 

DXY is potentially reversing. This informs our bullish outlook on XXXUSD pairs. The OTE area lines up with a balanced price range. We should expect a reversal here if price trades back into it However if price trades aggressively through it and closes below, we can anticipate further dollar weakness. relevant levels of interest are annotated.

akhena10fx Updated 

EURUSD did not react weekly off the bearish weekly FVG. this could signal continued strength. May open price would be the next buyside liquidity target if that is the case.