Continuation EU bullish movement to the moving average. I see some opportunity to scalp short EU around 1.20125, 1.2025 and ultimately 1.205. Target 3, 5, 7 pips.. Good luck
Hello, Thanks for watching! I see some scalp opportunity for 2/4/2021 to go long take 8-12 points around 3825, 3775, and 3700. Have a great day!
This is as simple as it gets.. Dollar index has extremely missed his 200 ema for a long time, it is time to get down to the 200 EMA where EUR.USD should see 1.16-1.18 in next few months. The trick is, you have to be ready to pay that interests while you are waiting for the big rewards.
I think it is just a simple supply and demand zone where you can start buying this pair. Obviously the AUD has been discounted for a while, which in a way it is increasing the order flow from Australia zone. I strongly believe that economy in Australia will get a boost in the discounted currency this year for a great year ahead.
Divergence from RSI and the break of the trend line. I am going long here.
I have a child that I always teach them to take turns. It sucks just to wait for your turn, but how would you know right? We don't just wait at the beginning of other's turn and wait for it.. we look for an indicator.. In real life trading, I just look for this 52 week .618 fib number around 1.1625. That's my take on EUR.USD turn. Just plain and simple rule of nature.
GBP.JPY price action is forming bullish if the price get rejected from the bottom trend line..
I think the price extension of USD has shown some exhaustion especially with good NFP. This could be the grand of scheme for the rest of the season toward December. If the price point goes all the way to 1.41, a good short opportunity for UsdCad
Kiwi shouldn't be this strong as fundamental view doesn't support it. Going back long GBP.NZD on EMA 20 H4 on the pull back target EMA 200 on H4
Its time to short Kiwi.. Just plain price overextension will go back to 200 EMA
With the dwindling down of economy in NZ and talk about oil tightening, fundamentally NZD should go lower from this point.