butchjong

butchjong

EUR/USD watch area for short with very good risk/reward ration

butchjong

Technical Analysis Yagub True Fibonacci shows S&R levels 2.618 support and could rally to the upside upto 4.618 with a good 3.76 RR ratio. Fundamental Analysis The US trade currency with JPY contributes 13.6% weight in the DXY and aswe expect DXY to strengthen further we expect a bull rally in the long term.

butchjong

Tecnical Analysis Auzzie is on the long term bear and you can take this short term analysis on the hourly with 1.5 RR ratio. Fundamental Analysis The outlook continues to be supported by the low level of interest rates.

butchjong

Technical Analysis: As the range is broken, we sill most likely see the DXY hit the target zone between 105.41 to 105.79. A pull back shoul be considered going further down to 50% of the range before finally going back up to the target zone. Fundamental Analysis Excerpts from Chair Janet Yellen Speech At The Executives' Club of Chicago, Chicago,...

butchjong

Wait for price actions @ 112 price level. 112 price is a psychological level 2.618 Fibo Level Strong Support RSI and MACD are still in a long position

butchjong

This pair is expected to retrace for a minor correction and will continue to dive further.

butchjong

CLOUD COVER WITH RESISTANCE @ 1.618 FIBO..

butchjong

Bullish Engulfing with 61.8 fibo target.