Looking to catch the retracement down to 0.23 / 0.318 Before the DXY shoots up again
Looking to short AUDNZD short term , looking to get out of the trade before FOMC. Price has made a local high, there should be a 0.5 - 0.618 retracement before price goes back up to make a double top. Traditional prices tend to rise in SEPT followed by a drop from OCT - DEC Looking forward to short AUD/NZD October onwards once the price action gives bearish...
Expecting the japanese gov to raise interest to combat inflation. Rising interest rates in the Yen should result in the EUR depreciating. FOMC and consistent raise of interest rate by the fed should start off the move to the downside.
Looking to short EUR/GBP after bearish trend down the channel is confirmed. Waiting for day candle to close and also FOMC on 21st to settle before going in for the trade.
Since gold broke the important neckline of support. Looking for it to retrace 1.618 fib extension 1400 - 1444 Fed's interest rate hike decision should cause gold to plunge and make its way down before eventually making a bounce back up.
Looking to short AUDUSD for the long term. Based off slowing economy in china, the AUD is going to be heavily affected. USD interest rate hike could result in a deep plunge down. Prices to most like to test/ Form a double bottom with the previous lows.
Looking for EURUSD to go down further after the FED's interest rate hike decision is out. 75 BP hike should be a straight forward Sell-Signal on the EURUSD Let's wait and see. 50/50 chance that FED might go easy on the rate hike. Since there are alot of confluence points waiting to break at their neck-line. Bitcoin - Crucial neckline Gold - Crucial...
Looking for USDCAD to retrace to 0.5 or 0.618 fib levels on the day chart. ( 1.31800 - 1.31500 ) Just in time to grab some liquidity for the FOMC rate hike on Wed/21-09/2022 FED'S Rate hike should send the USD/CAD flying through the roof Causing Crude oil and Gold to crash ( which co-relates to CAD strength ) Following which a FIB retracement to the 0.618...